Debt Management Debt Recovery Debtor 
Account Recovery
FEBRUARY 7, 2025
Transforming Collections with AI Interactive Voice Smart Collector The AI Collector Copilot Assistant from ImpactAI: This transformative new tool revolutionizes real-time debt management by providing collectors with Live AI-Driven Copilot assistance, delivering instant insights, automation, and support.
Hudson Weir
DECEMBER 10, 2024
In this blog, well take a closer look at the debt recovery options, including charging orders. Debt recovery options for unpaid invoices Ultimately, there are several steps that any creditor should take before considering a charging order, which is a court-issued and therefore, very serious. What is a charging order?
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Taurus Collect
MARCH 24, 2022
An aged debtors/ receivables report lists down all the unpaid sales invoices of your business. Hence, this debtor report lists down the total amount of your monthly debts by giving you a breakdown for each customer. Hence, keeping aged debt under control and debtor days low enables you to improve your financial health.
Nexa Collect
JUNE 10, 2023
Here are some ways AI can be used in debt collections: Automated Communication: AI-powered chatbots can handle initial interactions with debtors, engage in conversations, and answer frequently asked questions. Lowering Collection Costs: Human debt collectors take a significant percentage of all money recovered by them.
Burt and Associates
SEPTEMBER 23, 2024
Stay Compliant with Regulations Debt collection laws like the Fair Debt Collection Practices Act (FDCPA) are there to protect both you and the debtor. Treating debtors with respect can lead to smoother interactions and quicker resolutions. Always make sure your practices are fully compliant with the law.
Burt and Associates
SEPTEMBER 23, 2024
Stay Compliant with Regulations Debt collection laws like the Fair Debt Collection Practices Act (FDCPA) are there to protect both you and the debtor. Treating debtors with respect can lead to smoother interactions and quicker resolutions. Know the Statute of Limitations Every debt has an expiration date.
Hudson Weir
JULY 25, 2022
The Limitation Act 1980 stipulates the manner in which a creditor can recover a debt. But when it comes to the timeframe within which a debt can be reclaimed, there is variation according to the method of debt recovery and the type of debt. How to find out if a debt is statute barred.
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