Debt collector, Education and Retrieval - Creditor Collections Today

The Do’s and Don’ts of Sending Someone to Collections

Taurus Collect

MAY 18, 2023

Once an account is sent to collections, the creditor is handing the case over to a third-party agency to retrieve the debt. Always remember that clear communication and transparency are key for debt collection. Do Know Collection Laws It is important to educate oneself on the laws that regulate collection efforts.

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How to Reduce Your Collection Cost and Boost Your Cash Flow

Taurus Collect

APRIL 9, 2024

Customer Insolvency: When a customer goes bust, retrieving owed funds becomes complex. Engage in Early Intervention: Don’t wait for debts to age significantly before taking action. Early engagement with clients showing signs of financial stress can prevent escalation to formal debt collection, thus saving on potential fees.

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Creditor Collections Today

The Do’s and Don’ts of Sending Someone to Collections

How to Reduce Your Collection Cost and Boost Your Cash Flow

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