Accounts Receivable is one of the most important parts of your business. It can also be one of the most cumbersome. As a business grows and scales, the volume of invoices and payments increases exponentially. Not only are there simply more of the same tasks, but there are more complicated… Read More »When To Outsource Your Accounts Receivable Management
When it comes to debt and debt collection, having an awareness of popular trends and practices in society can go a long way towards making sure that debt collection efforts are successful, and that the methods are being used to not only return lost revenue, but secure potential future revenue… Read More »How Millennials are Changing the Way Debt is Handled
One of the primary reasons that our clients end up relying on our collection services to try and recover lost revenue from their customers is a behavior known as “stonewalling” that involves making every effort to avoid answering the phone or responding to email requests. This type of behavior by a customer who owes money can be frustrating, and for many businesses or in-house collections teams, the options for overcoming this type of barrier can seem extremely limited.
At Southwest Recovery, our team of highly experienced professional collections agents has been working with clients across Texas and in other parts of the nation for years to recover lost revenue and settle bad debts in a variety of industries.
Managing the operations of a small business can be challenging. From day to day operations to longer-term strategies and the logistics of making everything come together seamlessly, being on top of all these responsibilities can quickly feel overwhelming. If you’re in the thick of everything, then chances are high that you’ve spent time considering the possibility of experiencing a cyber attack.
Credit collection account could stay on the credit report for seven years. Although you pay it in full, still it is considered a negative account and will stay on debtors file as a “paid collection” for seven years. A lot of accounts turn out in collections after four to six months without disbursement. During this period, the creditors might have stopped calling you concerning the debt. Paid credit collections might not help credit score. Read More »How Long Does Negative Information Stain Your Credit Report?
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