When it comes to collecting outstanding invoices, many business owners feel like they are walking on eggshells. They don’t want to come across as too aggressive and scare away potential customers, but they also need to be firm to get the money that is owed to them. In this article,… Read More »How to Effectively Contact Debtors: Friendly Yet Assertive Strategies
Debt Collection Strategies
Consumers are well-protected when it comes to debt collection. One of the most rigorous rules in their favor is the 7-in-7 rule. This rule states that a creditor must not contact the person who owes them money more than seven times within a 7-day period. Also, they must not contact… Read More »The 7-in-7 Debt Collection Rule: What to Know and Ways Creditors Can Work Around It
Business-to-business (B2B) collections can be a daunting task. Trying to get payments from other businesses is often harder than trying to get payments from consumers. However, there are tactics that you can use to help boost your B2B collections and make the process a little bit easier. In this blog… Read More »7 Tactics to Help Boost Your B2B Collections
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
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
If you would like to learn more about debt collection automation, get in touch with Southwest Recovery Services today.
If your income isn’t consistent, creating a budget is your best bet. Southwest Recovery Services will recover your customers’ unpaid bills.
If your moving company is struggling with collecting unpaid bills from customers, we have listed a couple of strategies to execute.
If your business is struggling with collecting unpaid bills, here are a few tips to follow.
If your bank lent out some loans that were never paid back, it’s time to hire a debt collection agency. We use every available strategy to recover what is yours.