Casual acceptance of information creates big problems in commercial collections. Here are 5 checks you can implement to avoid risk.
One of the most difficult jobs of a Debt Collector is dealing with a person who does not feel they should pay the entire debt.
Getting positive results with collection letters and an empathetic approach.
Legal action against debt collectors frequently favors the attorneys and not the consumer.
A recent survey of the Consumer Debt Collection industry 2013 figures produced some interesting results. If you use a Debt Collection Service, you might be shocked.
Before you set up an account with a debt collection agency, ask if they use auto-dialers as it should inform your decision to do business with them.
The importance of collecting the right information to ensure you collect your payments.
Some NJ Legislators consider the request of a credit check in the screening process discriminatory. A new proposed law (A704) is now in the NJ Assembly.
Our Status Reports are available from our web site 24/7. They are easy to read and completely secure. Our Clients can change variables to customize how the report appears.
Best practices for in-house collections departments to navigate changing federal regulations.
The Consumer Financial Protection Bureau will be cracking down on original creditors.
Short sales are a ticking credit time bomb guaranteed to become a debt collection nightmare.
When to use fixed fee letters instead of contingent debt collection.
Settlement is never desired, but sometimes, it's the only viable choice and one that makes sense in the long run.