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Payment Terms and Debt Collection

Payment Terms

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

Collect Debt in Maryland

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 […]

Happy Holidays! 2023 in Review

P&L

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 […]

‘Tis the Season to Collect: Strategies for Effective Debt Collection

Strategies for Effective Debt Collection

During the holiday season, businesses across Virginia and Maryland have a busy sales period with increased revenue. However, amidst the hustle and bustle of the holidays, it’s essential to remember the importance of debt collection. Outstanding payments can strain your business’s cash flow, making it challenging to meet your financial obligations in the New Year. […]

Regain Control of Your Cash Flow: Why Outsourcing Debt Collection is a Smart Business Move

Outsourcing Debt Collection

In the business world, cash flow is the lifeblood that keeps operations running smoothly. However, when faced with unpaid debts, businesses often struggle to maintain a healthy cash flow, leading to increased stress, strained resources, and potential financial setbacks. This is where outsourcing debt collection to a professional debt collection agency emerges as a strategic […]

Maryland Debt Collection Agency

Maryland Debt Collection Agency

Are you looking for a Maryland debt collection agency? Look no further than Gilliam & Mikula! We are a full-service debt collection agency and debt collection law firm with decades of experience. We are now fully licensed to provide our uniquely effective debt collection efforts throughout the state of Maryland.   Why Choose Gilliam & […]

How a Debt Collection Agency Can Help Dentists Recover Outstanding Debt

A Debt Collection Agency Can Help Dentists

As a dentist, you know that providing quality dental care is your top priority. But what happens when a patient fails to pay their bill? Delinquent payments can be a significant financial setback for your practice and take up much of your time and energy. That’s why many dental practices turn to debt collection agencies […]

Different Types of Debt Collection Agencies

Debt Collection Agencies

There are a few different types of debt collection agencies out there. Some agencies might not fit neatly in a certain category, but for the most part a debt collection agency will be one of the four types listed below. Let’s take a look at each one, and what makes each one of them different! […]

What a Debt Collection Agency Can Do For You

Debt Collection

If you’re in a business or market that demonstrates 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 apart […]

Is It Time to Hire a Medical Debt Collection Agency?

Medical Debt Collection Agency

Medical debt in Virginia has ballooned over recent years and often collection of that outstanding debt has fallen on the practices themselves or their medical management groups. However, there’s a much better way of collecting the debt  – hiring a medical debt collection agency like the team at Gilliam & Mikula. Let’s take a look […]