Effective credit management starts long before an invoice is overdue. Learn how to build stronger credit policies, set smarter limits, and reduce delinquencies without damaging customer relationships.
Author Archive: Chris Mihoulides
Statute of Limitations on Debt: When Is It Too Late to Collect?
The statute of limitations defines how long a creditor has to pursue legal action to collect a debt. Learn when it’s too late to sue—and what it means for creditors and consumers.
Understanding the Debt Collection Process: What Happens After You Submit an Account
Submitting an account to collections doesn’t mean losing control—it means gaining a partner. Learn what happens after you place an account with a collection agency, step by step.
Common Mistakes to Avoid When Working with a Collection Agency
Working with a collection agency is a strategic move—but common mistakes can cost you results and time. Learn how to avoid the most frequent pitfalls and maximize recoveries.
Top Mistakes Businesses Make When Trying to Collect Debts — And How to Avoid Them
Many businesses sabotage their own collections by making common mistakes—like being too aggressive or failing to document communication. Learn how to recover what you’re owed more effectively.
The Importance of Compliance in Debt Collection: What Businesses Should Know
Understanding and complying with debt collection laws like FDCPA, Reg F, TCPA, and CFPB regulations is essential for protecting both consumers and your business. Learn what every business should know about compliance—and the risks of getting it wrong.
How Small Businesses Can Effectively Manage Late Payments
Managing late payments is crucial for small business success. Learn practical steps to prevent delinquencies and when to bring in expert help.
Debt Collection Technology: Tools Revolutionizing the Industry
Explore how technology is transforming debt collection. From predictive dialing to debtor analytics, learn how these tools are making recovery smarter and more efficient.
The Benefits of Hiring a Professional Debt Collector Versus In-House Collection
Deciding between in-house debt collection and outsourcing to a professional agency? Learn the pros and cons of each approach to maximize recovery while maintaining customer relationships.
Why Hiring a Collection Agency Can Improve Your Business Cash Flow
Maintaining a healthy cash flow is essential for business success, but unpaid invoices can pose significant challenges. Partnering with a professional collection agency ensures efficient debt recovery, saves time and resources, and minimizes financial risks. Learn how outsourcing debt collection can improve cash flow, protect client relationships, and support your business growth.