How To Collect Debt
The main point is, the more time that passes between the time the payment was owed and the time the consumer is contacted, the less likely you are to packet any sort of payment. If you're serious about making a turnout, there are three ways to handle collection on past debt; in house efforts, hiring a collection agency, or taking legal action.
10 Tips For Effective Cold Calling
Cold calling. Just the name can send chills up your spine. There are efficient ways for sales professionals to prep before cold calling, says John Monderine, President of Rapid Recovery Solution, Inc.. He shares 10 tips guaranteed to take the chill off of cold calling.
Debt And Bankruptcy
With consumer debt at an all time high, owing money can seem overwhelming. Many people have looked into the internet and have seen advertisements touting debt relief as a quick fix. Enticing as these ads may seem, it is important to be on the lookout for the validity of the claim.
Feds Arrest Two In Buffalo For Debt Collection Scam
The U.S. Attorney's office handed in a criminal complaint Friday in U.S. District Court charging Timothy E. Arent and Neil G. Wieczkowski, both of Buffalo, N.Y., with mail fraud and conspiracy to commit mail fraud. Arent is also charged with bankruptcy fraud. The charge of mail fraud holds a maximum penalty of 20 years in prison and a $250,000 fine. The conspiracy and bankruptcy fraud charges each carry a maximum penalty of five years in prison and fine of $250,000.
Going Green Benefits Debt Collection Companies
Everyone seems to be "going green" right now and collection companies are now following suit. Agencies such as Pacific Northwest Collections are now eliminating paper files and instead are using a piece of software called Document Locater. The shift from paper to paperless has benefited the company in many ways.
Good Business Tips: Know Your Customer
Running a business can be difficult. Sometimes it is necessary to call upon a debt collection agency for assistance collecting money that is owed. However, if businesses take a plan of prevention, they may not need to use the help of a third party collections agency. Knowing the client or customer can be extremely useful for filtering out potential problems.