Taurus Collect

MAY 12, 2024

It offers a risk-free solution to creditors, ensuring that agencies are rewarded only upon the successful retrieval of outstanding debts. In this blog post, we will explore six pivotal trends set to dominate the sector in 2024, focusing on how the “no collection no fee” model is transforming debt recovery practices.

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Taurus Collect

JUNE 16, 2022

Having debts in the collection primarily means that a third party is pursuing you to retrieve payments for your debts on behalf of your creditors. Debt collection is a process that gives debtors certain rights that debt collection agencies must respect. What does it mean to have debt in collections?

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Qualco

NOVEMBER 7, 2023

To identify the best solution for Non-Performing Loans (NPLs) , stakeholders such as lenders, servicers, and debt collection agencies need to deploy all available tools, starting a thorough appraisal of the NPL portfolio via a dedicated Workout Unit. Assess the feasibility of proposed repayment plans and debt restructuring solutions.

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Taurus Collect

DECEMBER 30, 2022

However, sometimes we can fail to pay back the amount and end up with hundreds of calls from creditors. Ultimately, they can also hire a debt collection agency to pursue the money you owe to them. Read on to understand how to respond when your debt is sent to collections. No win-No fee debt recovery.

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Debt Recoveries

NOVEMBER 27, 2022

Have the right to retrieve the products if “perfected” the security but did not get paid. As a result, it is significantly safer than an unsecured creditor in the case of insolvency. . Put systems and procedures in place for debt collection and credit control. The post How to Prevent Bad Debts in 2023.

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Taurus Collect

OCTOBER 30, 2023

Navigating the convoluted terrain of debt collection can be a daunting task for businesses big and small. However, understanding the crucial steps in the debt collection process can empower businesses to retrieve owed money efficiently and legally, thus enhancing their financial health.

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Taurus Collect

JUNE 13, 2022

Consider hiring a reputed and licensed debt collection company that follows the right procedures and techniques to retrieve money from past-due accounts. A professional debt collection agency will send letters and notices to your debtor’s residential address. The name of the original creditor.

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