What a Debt Collection Agency Can Do For You
If you’re in a business or market that demonstrates a heightened risk for payment delinquency, such as healthcare, you’ll need to know what a debt collection agency can do for you. In this blog, we’ll cover some of the best reasons to hire a debt collection agency, as well as what sets Gilliam & Mikula […]
How to Collect Debt
As a business owner, you know that collecting debt is an essential part of keeping your business afloat, your payroll running smoothly, and your cash flow healthy. However, it can be a difficult and time-consuming process. That’s why many businesses hire a debt collection firm like Gilliam & Mikula. However, if you want to go […]
Late Payments Chilling Your HVAC Company’s Profits?
Is your HVAC company feeling the chill of late or lost payments from your membership plan customers? It’s not just an inconvenience; it’s a direct hit to your bottom line. Let’s look at how inconsistent payments from your service plan members can be a massive problem for your business! The Domino Effect of Late Payments […]
How a Medical Debt Collection Agency Can Help Your Business
Hiring a medical debt collection agency can be a huge boon for your business. The bottom line is this: whether through enhanced collection capabilities, a higher success rate, or in the case of Gilliam & Mikula, the ability to use the legal system to collect on what you’re owed, a medical debt collection agency can […]
Trust And Transparency: The Key to Medical Debt Recovery
In the often complex world of medical billing and finances, transparency can be a powerful tool for building trust with patients and improving debt recovery rates. As a debt collection agency specializing in ethical practices for medical companies, we understand that clear communication and open dialogue are essential for fostering positive patient relationships, even when dealing with […]
What Sets Us Apart from Other Debt Collection Agencies in VA
Virginia has many debt collection agencies, and you certainly have your pick if you want to collect on what your business is owed. We want to throw our hat in the ring, and we think that what our agency offers sets us apart from the other debt collection agencies in VA. Keep reading to learn […]
Payment Terms and Debt Collection
When we onboard a new client, one of our first tasks is to review their contractual language… specifically, their payment terms. After all, if your contract’s payment terms are rock solid and agreed upon affirmatively by both parties, our ability to collect the debt can be improved. So, how do you know if your contract […]
Debt Collection Services Will Improve Your P&L Statement
As the champagne fizz fades and the resolutions settle in, most businesses have their sights set on one key target: growth. But achieving that growth requires addressing the elephant in the room – outstanding receivables. Those lingering unpaid invoices can cast a long shadow on your P&L statement, hindering your ability to invest in the […]
Five Important Facts About Debt
You Can Have Good Debt Not all debt is bad. Mortgages, car payments, student loans, and reasonable credit card expenditures are, for most of us, part of everyday life. In fact, there’s really no way to build up your credit score without incurring some debt. So don’t be afraid of good debt; it is a […]
Happy Holidays! 2023 in Review
As Christmas and the New Year approaches, our team at Gilliam & Mikula is wrapping up a great year. We want to express our warmest wishes for a happy holiday season to our valued clients and partners! 2023 has been a fantastic year for Gilliam & Mikula. We witnessed sustained success and significant expansion, solidifying […]