Debt Recoveries

JUNE 11, 2023

Establishing credit terms, assessing creditworthiness, generating bills, and keeping track of past-due payments are all part of it. It’s critical to evaluate a customer’s creditworthiness before offering credit to them. An essential aspect of credit control is invoicing. Please contact us at email@debtrecoveries.com.au

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Taurus Collect

APRIL 9, 2024

This is where the innovative concept of No Cure No Pay debt collection in the UK presents a compelling solution. Designed to mitigate financial risks and enhance efficiency in debt recovery, this approach offers businesses a safety net, ensuring they only incur a cost upon successful collection.

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Collections Debt Recovery Collection Agencies Collections Agency 72

Taurus Collect

JANUARY 2, 2023

A collection account is a debt turned over to a third-party debt collector or a debt collection agency because the borrower has failed to pay it as agreed. On the other hand, a charge-off is a debt that a creditor has written off as a loss because the borrower has not paid the debt for an extended period.

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Third-party Debt Collectors Collections Collection Agencies Collections Agency 52

Collection Industry News

JUNE 1, 2023

Regulatory Changes: The debt collection industry is heavily regulated, and changes in regulations often shape its landscape. Governments and regulatory bodies continually strive to strike a balance between consumer protection and enabling efficient debt recovery.

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