Tag Archive
Is Outsourcing To Commercial Debt Collections A Superior Option For Small Business?
Does your small business have mounting unpaid invoices? Do you not have sufficient staff to make collection calls? It may be time to hire a debt collection agency. For a very affordable fee, they can collect your bad debts and prop up your finances. »
How Will A Collection Agency Try To Collect My Debt?
Collection agencies primarily use letters and phone calls to achieve collection. Collection letters are typically computer generated, and differ in severity. The first letter usually starts with a simple "reminder" tone and as the letters progress they may build up to a final demand. »
How Long Will A Negative Mark Stay On Your Credit Score? Part One
Your credit score. It could be a dream come true or your worst nightmare. But most of the time it is sort of like that rude mother in law coming to pay you a visit at your house. You are aware that she is coming to stay, and you are not looking forward to... »
Stocks 101 Part Three
In parts one and two of my primer course on stocks, I informed you that the stock of a business represents the original amount of money that went into founding it. Businesses divide stocks into shares, and each share represents a portion of ownership. I let you know about shareholders, who are people or... »
When You Are In Too Much Debt And Just Can’t Pay
Debt can be an exhausting problem that weighs you down and affects your personal life greatly. But what if you have exhausted all of your resources and still can't free up enough money to start repaying your debts in a big way? You still have choices. Perhaps it is time to think about the... »
Report Reveals That Mortgage Delinquencies Have Risen Recently
Trans Unions, a financial institution came out with their quarterly analysis of new trends that are developing in the mortgage industry, and the data is very discouraging. The information that they collected revealed that for the twelfth straight quarter, mortgage loan delinquency increased and spiked at 6.89 percent, which is an all time national... »
Report Charges Debt Buyers With Violating State Law
According to a report by activists for low income communities, buyers of uncollected debt won one point one billion dollars in court judgments in the past few years. The study, put together by four nonprofit organizations states that on a consistent basis, buyers of uncollected debt violate state law by filing bogus lawsuits against... »
Medical Collection Agencies Assist Software Developers Sell Produt
iVolution Medical Systems, a West Hampton, New York located health care systems firm, is taking a different approach. The 4 year-old company, started by former Wall Street consultants to the health care industry, entered the medical receivables space by receiving experienced billing and collections companies. First there was Professional Health care Billing Services (PHB)... »
Americans That Are Uninsured And Underinsured See The Medical Debt Relief Act As A Godsend
From 1999 to 2009, premium costs for family insurance have risen by one hundred and thirty one percent. Easily, that's over three times the rate at which working wages rose during this time. In this time of economic hardship, millions of jobs have been lost, putting workers who just lost their jobs at risk... »
Walking Away From Your House Is Not The Best Solution, Even With The Real Estate Crisis
In the midst of the real estate boom, a number of homebuyers extended themselves financially to buy a house that may have been beyond their means. With the market on fire, people were prone to buy with low introductory interest rates and interest-only loans. They believed that their income would increase to meet their... »
