As a landlord, it can often be difficult to decide when is the right time to take legal action against delinquent tenants. Unpaid rent can lead to financial hardship for landlords and their businesses, yet there are times when sending a tenant to collections may not be the best course… Read More »When Should a Landlord Send a Tenant to Collections?
Collecting a past-due medical debt can be a difficult and time-consuming process for healthcare providers. There are many factors to consider when deciding between handling medical collections in-house or contracting a debt collection agency, such as whether the provider is HIPAA compliant, what their current success rate of collecting on… Read More »Should I Hire a Debt Collection Agency for Medical Collections?
Navigating the court system on civil matters can be a difficult and time-consuming process for creditors. From filing paperwork to making appearances in court and dealing with potential appeals, there are many potential pitfalls that make litigating a debt more complicated than it may appear. That’s why it often makes… Read More »How Affordable Debt Collection Agencies Beat Litigation Every Time
The market for medical collections in Dallas is a large one, estimated at more than $52 billion annually. Providers are staying busy, but that does little good when many of those debts are going unpaid. The process of collecting medical debts can be particularly challenging and differ substantially from other… Read More »Medical Collections Challenges That Every Provider Must Face
Jim had worked hard to build his business, which was a small online store selling handmade jewelry. As he watched it grow and the orders roll in, it became increasingly difficult to keep up with the demand. He knew that one of the key steps to growing his business further… Read More »How Collection Agencies Help You Deal With ‘Theft-by-Dispute’
1. The first step is making sure that you are organized. This means having a system in place for tracking payments and late fees. When collecting rental payments for property management, it’s important that you remain organized. Having a system in place to track when funds are due and when… Read More »3 Things to Remember for Successful Rental and Property Management Collections
If you’re in the business of selling cars, then chances are you’ve had to deal with automotive collections at some point. Customers fall behind on their payments, and they’re not always the easiest to track down. To prevent this from becoming a stumbling block for your business, it’s important to… Read More »What Every Dealership Needs to Know
If you think cash flow issues are only a problem for businesses with struggling finances, think again. Even well-run businesses can have problems when it comes to managing their cash flow. That’s why having a solid cash flow strategy in place is so important. Without one, your business could find… Read More »Why Cash Flow Strategies Matter Even for Successful Companies
Property can be a godsend for creditors when they’re dealing with cash-strapped debtors unable to keep pace with their payments.
With the structure of the Fair Debt Collection Practices Act (FDCPA), it can sometimes seem like the law favors debtors over creditors.