The past year has been very difficult for American businesses. Due to lockdowns and social distancing restrictions, many businesses have seen greatly reduced income or had to shut down completely. All of this has had a trickle down effect on the rental industry. Widespread business losses have caused massive unemployment… Read More »How COVID-19 Is Affecting Apartment Collections
I can’t think of a time when people have been as ready for a new year as they were at the end of 2021. Sure, people make resolutions and promise a “new year, new me” every year, but there is something different about this particular transition. Even now, a few… Read More »How To Set Your Business Up for Debt Collection Success in 2021
Conversations about outstanding debt are never easy. However, they are even more difficult during the holiday season. That may be even more true this year, as Americans have spent most of 2020 dealing with the COVID-19 pandemic and all that comes with it. As of this writing, over 300,000 Americans… Read More »How To Navigate Collection Conversations During the Holidays
Many people think that debt collection is a pretty straightforward process. However, we know that there are certain industries that require different methods. Some types of businesses and services deal with more sensitive situations, and as such require a different approach than what we might use with commercial or basic… Read More »Debt Collection Best Practices for Nursing Homes
Unpaid invoices are inevitable, especially for a growing business. As you serve more people and offer more products and services, there are more opportunities for clients to get out of payments. This is especially true when you start to offer products and services on credit or payment terms. Offering credit… Read More »Avoiding Unpaid Debt Starts With Sales
When trying to collect outstanding debts, there are many strategies that you can use. Some of these, like sending late notices and making follow up phone calls can be handled internally, at least in the beginning. However, for some more advanced cases, there are tactics that are best carried out… Read More »Should I Sue to Collect A Debt?
No matter how diligent you are about pre-qualifying credit customers or collecting deposits, you will always have customers who don’t pay their invoices. As your business grows and scales, outstanding debt often increases faster. At a certain point, these past due invoices reach a critical mass and you may find… Read More »Common Misconceptions About Debt Collection Agencies
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