The World Bank estimates that about 80.3% of all business deals in the world are done on some form of credit. However, about half of all those debts are either paid late or end up as bad debts. To avoid losing your money and also keep a generally good relationship with the customer,the services of collection agencies are required. So, what is a collection agency? A collection … [Read more...]
Oregon Debt Collection Laws
Oregon Debt Collection Laws In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Oregon collection agencies are also regulated by Oregon debt collection laws. Discover: Oregon collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Oregon collection agency license and bonding … [Read more...]
Fourth Notice 120 Days Late Credit Manager
Fourth Notice 120 Days Late Credit Manager Fourth Notice 120 Days Late Credit Manager is free for your use. The Fourth Notice 120 Days Late Credit Manager should be used as a pre-collections at 120 days late to remind your customers to pay, or immediately make a partial payment or contact you. The Fourth Notice 120 Days Late Credit Manager is a almost final attempt to get … [Read more...]
Five Day Demand Letter
Five Day Demand Letter Five Day Demand Letter is free for your use. The Five Day Demand Letter should be used as a final notice to your debtors to pay you now, or you will forward their account to a collection agency in 5 days. The Five Day Demand Letter is a last ditch effort to motivate your debtors to pay; no more 'Mister Nice Guy' after the 5 days are up. Just cut, … [Read more...]