A collection agency acquires authorization to collect a debt on behalf of the original creditor. However, it is important that it adheres to collection agency rules. Collection Agency Rules The reality is that both creditors and debtors view collection agency rules differently. It can be extremely frustrating for business owners when they find that their customers do not … [Read more...]
Medical Collection Agencies And Your Practice
Physicians and the other healthcare providers are increasingly depending on medical collection agencies due to the peculiarities of today's economic conditions. A large number of Americans do not have medical insurance coverage. Economic slowdown, increasing rate of unemployment, subprime mortgage fallout, etc further endanger the financial condition of the average … [Read more...]
Collection Agencies Florida
Collection agencies are an integral part of any business that extends credit to its customers. A collection agency is typically in the business of pursuing debts owed by businesses or individuals. For example, collection agencies Florida operate as agents for creditors in Florida, or that have debts in FL and collect debts for a fee. Collection Agencies Florida Many times a … [Read more...]
5 Clues That Your Customer Is Not Going To Pay You
There isn’t a business out there that is immune to slow payers or non-paying customers, but what can you do to prevent this from happening? Keeping an eye on your customers’ accounts is an important part of preventing bad debt or payment problems. I would like to share some “red flags” with you that can help you identify when a customer is having financial problems or is just … [Read more...]
31 Days To Getting Paid On Time
Everyone has gone home to their families and here I sit in my office looking at the accounts receivable listings and shaking my head. So many customers are past due and I wonder how I can get my customers back on track to paying on time and in full. I have a pile of bills to pay but not enough cash coming in. I thought I was limiting my credit risk by only allowing friends … [Read more...]
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