Why Sending an Account to Collections Is Good for Your Company’s Health

By |2020-02-17T09:26:58-07:00November 20th, 2019|Editorial Calendar, News|

What could your company do with the money recovered from all your overdue accounts? Employing a professional debt collection agency is an effective way to recover payment on those past-due accounts, which increases cash-flow and allows business to have the funds needed to pursue its goals.

Skip Tracing and Personal Guaranty

By |2019-11-08T13:57:01-07:00October 23rd, 2019|Editorial Calendar, News|

If you’ve considered hiring a collection agency to handle your past-due accounts, you may have heard the term “skip tracing.” But what exactly is it, and how does it work within the collections industry? Skip tracing is a method used to locate debtors when their contact information is no longer accurate.

Credit Where Credit Is Due: Women in the Collections Industry

By |2019-11-08T13:59:15-07:00April 18th, 2019|Editorial Calendar, News|

Did you know….of the 140,000 professionals in the collections industry, nearly 70% are women? Of course, it wasn’t always this way. In fact, before 1974, single women in this country couldn’t even get a credit card, much less forge a career in the credit industry. Let’s take a step back and see how the role of women in credit has evolved throughout the years.

Choosing a Collection Agency: Weighing Price vs. Value

By |2019-11-08T14:00:38-07:00April 16th, 2019|Editorial Calendar, Financial, News|

Your past-due accounts are taking up too much of your precious time, and you’re at your wit’s end. As a business owner, you’ve been thinking about turning them over to a collection agency. But you keep asking yourself one big question: Is the cost worth it?

Types of Bankruptcy: What You Need to Know

By |2019-11-08T14:09:32-07:00January 29th, 2019|Editorial Calendar, News|

It’s critical that every company have an in-house process for handling bankruptcy notices as they are received. By establishing what to do with a Notice of Bankruptcy and how to handle it properly, your company can avoid missed deadlines and potential fines if the automatic stay is violated.