This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
CommercialCollectionAgencies of America has elected its new Board of Directors and has announced the slate of officers of the organization. Board members include Pete Roth of CST Company, Fred Wasserspring of Lyon Collection Services, Inc., David Herer of ABC-Amega, Inc., David Herer of ABC-Amega, Inc.,
It may be time to consider hiring a commercialcollectionagency. We’ve spent a lot of time on this blog discussing: Turning debt over to a collectionagency Choosing the right collectionagency for your business Innovative steps for protecting your business now and in the future.
For more information or to locate a certified commercialcollectionagency, please visit, www.commercialcollectionagenciesofamerica.com The post CommercialCollectionAgencies of America Gives Back appeared first on Collection Industry News. Contact: Annette M.
— CommercialCollectionAgencies of America recently announced that through its initiative, CommercialCollectionAgencies of America Gives Back , a portion of the proceeds of its virtual annual meeting has been given to Mental Health Advocates of WNY, formerly known as the Mental Health Association of Erie, New York.
December 15, 2021-Chicago-CommercialCollectionAgencies of America announced that through its. initiative, CommercialCollectionAgencies of America Gives Back, a portion of the proceeds of its. In addition to 4KIDS, CommercialCollectionAgencies of America has also been fortunate to donate a.
January 5, 2022-Chicago-CommercialCollectionAgencies of America has elected its new. Board members include Pete Roth of CST Company, Fred Wasserspring of Lyon Collection Services, Inc., Humberto Matz of Creditors Adjustment Bureau, Tom Claybaugh of Mountain States Commercial Credit Management, Inc.,
Although commercial debtors do not enjoy the same level of protection as consumer debtors do, this does not mean they are left at the mercy of creditors and debt collectionagencies (DCAs). The business debt collection laws protect them. Like the Fair Debt Collection Practices Act, the U.S.
Sometimes, that debt gets out of hand and businesses find themselves on the receiving end of calls from commercial debt collectionagencies. Calls from a commercial debt collector can create an enormous amount of stress for many business owners. What Do Commercial Debt CollectionAgencies Do?
In reality, debt collectionagencies are the most useful means to get someone who has a legitimate contractual obligation to make good on their promise so that the honest businessman (perhaps yourself or your company) on the other side of the trade doesn’t get left holding the bag. Are they licensed and do they need to be?
No matter how much you’ve planned and prepared for this with your company’s credit application or business agreements, sometimes you might have to take things to the next level to collect money that belongs to you. When this happens, skip the collectionagencies and choose a collections attorney to help you.
Wednesday, April 7, 2021-Chicago- CommercialCollectionAgencies of America is proud to announce the appointment of Mr. Kurt Albright to the Independent Standards Board effective immediately. A list of certified agencies and affiliate members can be found at: www.commercialcollectionagenciesofamerica.com.
Even when you try to send customer debt collection requests, they have fallen on black days. After speaking with colleagues, you were told about the possibility of commercial debt collectionagencies taking over. This type of debt collection can be hard to understand at first. B2B Collection FDCPA and Regulations.
Commercialcollectionagencies like ours specialize in collecting on B2B debt. If your business is getting calls from a collectionagency, you may wonder how this will affect your business credit. Like personal debt, being sent to collections can affect your credit rating.
Debts have mounted throughout world economies and the need for collectionagencies have risen. Business to business debt collection is often most successful when a professional collectionagency is involved. There are thousands of collectionagencies in the United States to choose from.
Collections is no different. Whether you’re talking to your accounts receivable department, or hiring a collectionagency, you are likely to hear a lot of terms you don’t know. You should never be embarrassed to ask people to define terms, but here are ten common collection acronyms to get you started.
Being too easy with commercialcreditors might cause your firm to collapse in a matter of minutes. If your company has unpaid invoices, you will benefit from working with a collection professional who can efficiently recover this receivable. What Information is Shared with B2B CollectionAgencies?
Of course, there is also the fact that you’re probably more concerned with running your own business than collecting from a failed one. That’s why many small business owners prefer to hire commercial debt collectionagencies to manage collections on their behalf. What is Commercial Debt Collection?
They don’t dabble in bad debt collection and debt recovery—it is what they do. Attorneys vs. Agencies When it comes to bad debt collection, there are many benefits that a commercialcollections attorney in Massachusetts can offer that a collectionsagency simply cannot. Didn’t you already do this?
The Uniform Enforcement of Foreign Judgments Act, which the Commonwealth of Massachusetts formally adopted in April 2019, enhances the ability of a judgment creditor to domesticate their judgment and thus collect their outstanding accounts receivable. Filing of Judgments.
They don’t dabble in bad debt collection and debt recovery—it is what they do. Attorneys vs. Agencies. When it comes to bad debt collection , there are many benefits that a commercialcollections attorney in Massachusetts can offer that a collectionsagency simply cannot. Didn’t you already do this?
Such property will often then be sold by the sheriff and the funds returned to the creditor in fulfillment of the judgment. By and large, a Writ of Execution is an effective means for creditors to recover monies against professional debtors who deliberately avoid paying their bills. These expenses typically cost an average of $500.
Collectionagencies are passive organizations that make the same effort you were making before you brought them on board. At the end of the day, a collectionagency will collect only low-hanging fruit and tell you that there is nothing more that they can do to help you.
Implementing a strong accounts receivable process, setting clear payment terms, and working with a commercialcollectionagency can ensure faster payment recovery. Work with a CommercialCollectionAgency Early intervention is key : Engage a business debt collectionagency before an overdue account turns into bad debt.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content