Process service isn’t always a part of the debt recovery process, but it can prove to be an important one should a collection case escalate to legal action. In fact, businesses are currently spending around $46 billion annually on process services with the number projected to hit $128 billion by… Read More »Process Service: A Guide for Businesses
According to a report by the Small Business Administration, over 30% of invoices are paid late. This means that millions of dollars in invoices are overdue each month. Late payments can have a serious impact on businesses, especially small businesses. When an invoice is overdue, it can put a strain… Read More »How to Not Get Paid: 6 Missteps to Avoid When Collecting On a Debt
Extending credit to your customers: a tale of two businesses One offers cash, cards, or checks only. They pass service fees from credit and debit cards on to their customers. It’s the only way they can be sure they get the money that’s owed to them for the products and… Read More »Why Extending Credit to Customers Is So Important
If your business is owed money by a company that has filed for bankruptcy, you may be wondering what to do next. This can be a difficult situation, but there are steps that you can take to protect your interests. In this blog post, we will discuss what happens when… Read More »What to Do When a Commercial Debtor Goes Bankrupt
Debt collection is a process that businesses use to collect money that is owed to them. There are many different debt collection practices, but some of them are more effective than others. Tell that to any average small business owner with approximately $84,000 in unpaid debts, and watch them nod… Read More »Debt Collection Practices That Never Work
If you are in need of debt collection, get in touch with Southwest Recovery Services.
If you would like to learn more about debt collection automation, get in touch with Southwest Recovery Services today.
Are you wondering how to collect debts from a customer that has filed for bankruptcy? SWR can help.
If your income isn’t consistent, creating a budget is your best bet. Southwest Recovery Services will recover your customers’ unpaid bills.
Let Southwest Recovery Services collect your clients’ debt for you!
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