Collection Agency, commercial Debt recovery agency, debt management, Debt Recovery, Debt Recovery Services, private debt collectors

How to Budget / Credit collection services

Budget is defined as a balance between income and expenditure.  It is wise to budget plan and prepare for the running expenditure and future needs depending on the company’s growth plans. It maybe a family run business wherein it gets all the more necessary to pay detail to a lot of issues…..which would involve maintaining… Continue reading How to Budget / Credit collection services

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Collection Agency, commercial Debt recovery agency, debt management, Debt Recovery, Debt Recovery Services, private debt collectors

Aging accounts receivables/Debt Recovery

We all age …even the accounts receivables! Aging accounts receivables refer to the length of time an invoice has been outstanding. It is not advantageous to let account receivables age. It’s healthier for a company to ensure invoices are honored on time instead of payments getting delinquent or aged. Mostly we do not default on… Continue reading Aging accounts receivables/Debt Recovery

Collection Agency, commercial Debt recovery agency, debt management, Debt Recovery, Debt Recovery Services, private debt collectors

Recovery Reckoner / Debt Management

Debt recovery is not really a very pleasant business when seen from a lay person’s point of view. It’s about handling debtors who would be continuously trying to evade you, not taking your calls or making endless excuses for non-repayment. For instance, in the Hospital industry an initial advance amount is collected for treatment for… Continue reading Recovery Reckoner / Debt Management

commercial Debt recovery agency, debt management, Debt Recovery, Debt Recovery Services, private debt collectors

Debt Collection

The terms ‘debt recovery, and ‘collection agency’ might have  a negative connotation for most people but in reality, professional and reputable debt collection agencies are an asset to many businesses, large and small, who must collect payments that are owed by individuals or businesses. The collection agencies literally are a lifeline for the creditors to… Continue reading Debt Collection