Debt collection is a vital aspect of financial management, ensuring the recovery of owed funds. For both creditors and debtors, understanding the collections process is key to resolving outstanding debts efficiently and fairly. Let’s delve into the stages of this process: 1. Initial Contact: The collections process often begins with a notification to the debtor […]
In today’s fast-paced digital world, effective communication is key for businesses across various industries. The collection agency industry, which plays a vital role in recovering debts, is no exception. With the advent of mobile technology, Short Message Service (SMS) communication has emerged as a powerful tool for collection agencies to enhance their efficiency and improve […]
As a business owner, dealing with unpaid debts can be a major challenge. Late payments from clients or customers can disrupt your cash flow, impact your bottom line, and cause unnecessary stress. However, partnering with a collection agency can be a strategic move to boost your debt recovery efforts and help you regain control of […]
Are you a business owner struggling with overdue payments from clients or customers? Are you tired of chasing after late payments, which can be time-consuming and frustrating? If so, using a collection agency can be a smart and effective solution to recover unpaid debts and help you get back on track financially. Here are some […]
As a consumer, receiving notices or calls from a collection agency about an outstanding debt can often be worrisome. There are misconceptions and negative perceptions associated with collection agencies, but in reality, professional collection agencies can be trusted partners in resolving debts. Here are some reasons why you can trust a collection agency. Compliance with […]
Are you tired of chasing down overdue payments from customers or clients? Is your business struggling with mounting unpaid invoices? If so, it may be time to consider hiring a collection agency. Collection agencies are specialized firms that help businesses recover outstanding debts by employing proven strategies and legal procedures. While some business owners may […]
Running a small business is a difficult task, and it is even more difficult to keep track of receivables. With all the other tasks that need to be taken care of, it is easy to let the collections process slip through the cracks. This is where a collection agency can help. Hiring a collection agency […]
The class-action cases, based on precedent from the 11th Circuit’s Hunstein ruling, were dismissed by the judge for lack of standing.
Credit Counsel Inc has been in the debt collection business for over twenty years. In this time, it should come as no surprise that they’ve developed a system of efficiency and unparalleled professionalism – one that allows them to proudly set a shining example for the industry as a whole. Credit Counsel Inc’s founder Christopher […]
“We’re fast approaching this holiday season and people start to play a little fast and loose with their credit,” Christopher Mihoulides, founder of Credit Counsel Inc., begins. “It’s important to note that while this is indeed the season for giving, there are measures you can and should be taking to ensure you’re making the best […]