Tag Archive
When A Bill Collector Is On The Phone, A Methodical Approach Is Best
If a collections agent is on the line, your immediate reaction might be to ignore the phone calls. Seems easier to do things that way right? But if you owe debt to a creditor, collection agencies are allowed to contact credit bureaus and report the debt, file lawsuits against you, and should be taken... »
Psychological Factors That May Affect The Stock Market
When it comes to economics, stock markets are important because they are one of the best ways for companies to raise capital. The prices of shares and other assets is an important marker of the economic dynamics of the country, and can both influence and indicate social mood. If the stock market is on... »
Course On Debt Collection For Beginners Part One
The job of a debt collector (also known as bill collectors, account collectors, or collection agents) is to attempt to collect payment on bills that have gone delinquent, and are now debts. Hence the name "debt collector." Most debt collectors are employed by third party collection agencies, which are companies that get hired out... »
Collection Agency Does The Right Thing
Collections agency American Profit Recovery began a fund raising attempt in order to assist people trying to bring relief to the Haiti earthquake victims. American Profit Recovery has picked the Saint Rock Haiti Foundation which is a not for profit organization that gives medical care for the people of Haiti. »
Structured Settlement Cash Payouts
The amount of a cash payout on a structured settlement depends largely on the dollar value placed on a claimant's pain and suffering and terms offered by buyout firms. In a structured settlement, claimants can wait months and years to receive compensation for personal injury caused by motor vehicle accidents, or included in trust... »
How To Recoup From A Bankruptcy
Bankruptcies can stay on your credit report for up to 10 years and can annihilate your credit score by hundreds of points. But by utilizing these plans of action, you could increase your credit score and become creditworthy several years before the bankruptcy drops off your credit report. »
The Fair Debt Collection Practices Act: Things Your Business Needs To Know
The Fair Debt Collection Practices Act has proven to be very useful to people in need of reducing problems associated with harassing debt collectors. And, yes, it also has many benefits for the collection agencies as well. Through the enactment of sensible laws, the Fair Debt Collection Practices Act compels collection representatives to act... »
Going Green Benefits Debt Collection Companies
It seems like everyone is "going green" these days and collection agencies are now following suit. Companies such as Pacific Northwest Collections have opted to eliminate paper files and instead use a piece of software called Document Locater. This new system has many benefits. »
3 Important Facts About How To Collect A Debt
When faced with the burden of debt collection from late-paying customers, the question your business is confronted with again and again is how to go about successfully collecting debt? Since all businesses have to face accounts receivable and cash flow problems, the answer to this needs to be dealt with sooner than later. »
Cash Flow Issues? 3 Debt Collection Techniques That Will Improve Your Business’ Bottom Line
Effective debt collection techniques are necessary to any business, regardless of the state of the economy. Knowing how to persuade your customers to pay their delinquent, past due accounts on time will increase cash flow to your business. After all, as a business owner, you have debts to pay as well. Absent the necessary... »
