Skip Tracing and Personal Guaranty

By |2022-07-18T15:45:40-07:00October 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.

Developing a Collection Policy

By |2022-07-19T13:49:38-07:00July 19th, 2018|Editorial Calendar, News|

If you’re a business owner, or an employee in your company’s credit department, you already know how difficult debt collection can be. But did you know that poor debt collection is often one of the main reasons businesses fail? Since cash flow is the lifeblood of any business, an effective collection policy is essential to keeping the money rolling in.

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