A lot of businesses have struggled to say in the black since last march when the Covid-19 pandemic started. Both established businesses and startups took a hit. Many had to reduce their operating hours, admit fewer customers to brick and mortar stores, or even shut down temporarily. Without a consistent… Read More »7 Tips to Dig Your Business Out of Debt
Tips and Advice
Like so many others, you’re probably looking forward to leaving this year behind and having a fresh start in 2021. There is no better time than the New Year to start making changes in your life and create new financial habits. If you want to change your financial picture, first… Read More »How To Start Your Debt Free Journey in 2021
As we all start counting down the days to January 1st, 2021, it’s time to set a New Year’s Resolution or two for your business. There is so much uncertainty heading into the upcoming year. You should have attainable and quantifiable goals. This is a good way to stay motivated.… Read More »New Year’s Resolutions for Your Cash Flow
Every business reaches a point where it is no longer sustainable to collect outstanding debts in house. Small businesses find that debt collection is too involved for their staff and is a drain on their time and energy. Larger businesses find that even with dedicated debt collection staff, some debts… Read More »What To Look For In A Collection Agency
Debt is a huge crisis in America in 2020. The cost of living only continues to increase and employment is less stable than it has been since the 2008 financial crisis. When you’re drowning in a sea of debt, it can be hard to see a way out. However, it… Read More »Inspiring Stories of Debt Freedom
There are many barriers that can keep a business from being able to collect on past due debt. As a professional debt collection agency, we try to mitigate many of those barriers. Many small businesses have more of those barriers than some larger businesses. Lack of training and experience in… Read More »Proper Documentation is Key in Debt Collection
During normal business operations, it can be a risk to extend credit to clients. As a business owner, you know this risk is part of doing business. Customers expect it, and you risk losing business without it. During a crisis like COVID-19, extending credit or payment plans becomes even more… Read More »How to Avoid Unpaid Debt in a Crisis
On March 13, 2020, President Donald Trump declared a national state of emergency in response to the ongoing spread of the Coronavirus (COVID-19) which is now classified as a global pandemic. As part of this declaration, he announced that there would be a waiver of interest payments on all federal student loans. “I’ve waived interest on all student loans held by federal government agencies, and that will be until further notice,” President Trump said during his statement. At Southwest Recovery Services in Dallas, TX, our team of professional debt collection agents understands how important it is to act with unity during this unprecedented time of crisis, and we feel it is important to spend time clarifying some of the confusion that may be circulating regarding this decision among our clients, and our readers.
When people are trying to avoid paying a debt, they could be doing it for a multitude of reasons. Be it fear or uncertainty, they aren’t skipping on their payments for no reason. We’re here to talk about the three common reasons people give for not paying their debts. If you or your organization needs backup getting the money you’re owed, call Southwest Recovery Services. All you need to do is call, and we’ll get started on your case right away with no out-of-pocket costs.
Toward the end of the year, many people will be eagerly anticipating tax payments. The average federal tax return is around $ 2,000. For the average person, this amount can be a significant contribution to annual expenses such as vacations, car repairs, and holiday purchases. Tax returns can also be used to pay off debts, but sometimes overdue bills are no longer a priority for debtors. At Southwest Recovery Services in Dallas, Texas, our team of experienced debt collection agents has spent years helping our clients recover lost revenue and settle unpaid accounts.