Mid-Year Debt Collection

mid year debt collection

We’ve been in the debt collection business for a long time, so we know that the demand for debt collection increases as we head into the hot seasons. We call it Mid-Year Debt Collection time! No matter the financial situation or the economy – around June, people want to start collecting. Let’s take a look […]

Expert Tips on How to Collect on Debt

How to Collect on Debt

Debt collection is an important part of every successful business. If you’ve been in business long enough, and have served enough customers, you’ll inevitably run into a client that has issues with making payments. The first time that happens, it can be extremely frustrating and uncomfortable. However, there are ways to increase the likelihood that […]

When to Hire a Debt Collection Agency

Debt Collection Agency

Imagine this: for the second or third time (or maybe more) since you’ve started your business, one of your customers/clients is delinquent in paying. You’re really hoping that you won’t have to write this one off like the ones in the past. This isn’t something you want to be dealing with – after all, you […]

Collecting Debt – 6 Tips to Get Paid On Time

Collecting Debt

Collecting debt can be tricky and can take a toll on your business and relationships. Here are 6 tips to ensure you get paid! #1 – Agree on Terms and Get a Deposit Your payment terms should be incredibly clear and well written. Be sure to get a contract, in writing, that stipulates that both […]

Collection Questions to Ask Before Hiring an Agency

Debt Collection

The decision to send a customer to a debt collection agency should never be taken lightly. The possibility is high that you will sacrifice your relationship with the client or customer, and unless you’ve done things right on your end, that sacrifice might be for nothing. Before you take action, it’s important to know whether […]

Regulation F

Link to Regulation F From the American Bar Association’s September 21st Article by Caren D. Enloe The Debt Collection Rule: Communications, Disclosures, and the Other Changes You Need to Know Caren D. Enloe On November 30, 2021, the Consumer Financial Protection Bureau’s (“CFPB’s”) much-anticipated Debt Collection Rule (the “Rule”) will take effect.[1]  The (“Rule”), which […]