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Welcome to Collection Agency information. Our goal is to provide free and accurate information on collection agencies, debt collection laws and best practices for in-house collections. We are committed to finding the freshest and relevant collection agency information for you from multiple sources including industry publications and expert authors. We have high standards and we want you to recover your money as quickly as possible.
We know that the decision to use a collection agency isn’t one to be taken lightly. What will happen to your reputation? What will your customers or patients think of you? How will [...]read more
The debt collections industry is increasingly regulated. Collection agencies have a bad reputation because of their many abuses, both perceived and real against debtors. Some unscrupulous collection agencies were known to:
Use profane & abusive language.
Call and confront the debtor at work.
Call debtors to early or late based on the Fair Debt Collections Practices Act (FDCPA) guidelines.
Falsely tell debtors they could serve jail time for not paying.
Misrepresent themselves as law enforcement, lawyers or government officials.
These collection agency compliance abuses still can occur today when management is not invested in training collectors in compliance.
Debt collection agencies are increasingly finding themselves under attack [...]
Trucking Collection Agency
View this trucking collection agency video testimonial by a transportation company, who had an accounts receivable problem with shipping brokers. This trucking collection agency video illustrates some of the issues when trucking creditors don’t get paid for freight charges, and it shows:
Credit Collection Agency
Watch a credit collection agency video endorsement by a marketing company, who’s over 90 days accounts receivable went into the 6 figures. This credit collection agency video shows that:
Collection Agency Services
Watch a collection agency services video testimonial by a business owner, who was owrd over $30,000 for the work her company did. This collection agency services video can help businesses looking for collection agencies – it illustrates:
Chiropractic Collection Agency
Watch a chiropractic collection agency video review by a chiropractor, who owns a growing chiropractic practice. This chiropractic collection agency video illustrates some of the issues that chiropractors offices face when trying to collect on insurance claims and from delinquent patients – it illustrates:
What Is A Collection Agency
Watch a what is a collection agency video review by a student, who wanted to know about collection agencies. This what is a collection agency video is useful for people who want to learn about collection agencies – it illustrates:
If you are in a business that deals with lending money to people then you are automatically involved in debt collection. Many people believe that collection of debt is an easy process but the reality is that it is often a tedious and tiring job. Bad debt is a growing problem that is affecting businesses of all sizes and every company has its own share of non paying customers. If you are finding it very difficult to deal with such customers, here are some tips that would speed up your debt collection.
Collection Of Debt
Know about the debtor : The first [...]
The World Bank estimates that about 80.3% of all business deals in the world are done on some form of credit. However, about half of all those debts are either paid late or end up as bad debts. To avoid losing your money and also keep a generally good relationship with the customer,the services of collection agencies are required. So, what is a collection agency? A collection agency is a business establishment that specializes in collecting cash from those who owe your business money.
What You Need To Know About Collection Agencies
Why are their services required? You see, the process of [...]
Collection agencies can help companies to recover unpaid debt from different sources easily by offering professional collection services. These services can take off a significant overhead from the firms by doing collection on their behalf. A New York collection agency specializes in various types of debts collections, and it is always good to check about the area of specialization of a particular agency before hiring its services. Companies looking to hire a New York collection agency can ask few important questions to know how relevant a particular agency may be in recovering theirs debts.
New York Collection Agency
The first thing that [...]