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Quickly find providers of commercial collections and corporate debt restructuring services. Review listings for links to debt recovery companies that specialize in helping clients get out of business debt.

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Debt Recovery Basics

Pay close attention to your internal business debt recovery efforts. Use daily metrics to track the effectiveness of your strategies to collect on funds that are owed to your firm.

Debt Recovery Key Terms

Having bad or old debt on the books of your business hurts the bottom line. Debt recovery programs provide an answer to collecting those debts.

Debt Recovery Solutions

Debt Recovery Solutions, LLC ("DRS") was founded in February, 2002 by seasoned industry leaders with more than 30 years of collection experience. DRS has ...

Collection agency - Wikipedia, the free encyclopedia

[edit]. See also: History of bankruptcy law. The history of debt collection is as old as the history of money. Or even older ...

Debt Recovery Strategies And Tools To Improve Collection Of Debt

Recover debt and improve collection efforts with debt recovery and portfolio management strategies from Experian.

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Fake Debt Collectors | Consumer Information

It may be hard to tell the difference between a legitimate debt collector and a fake one. Sometimes a fake collector may even have some of your personal ...

Debt Collection |

This page explains what happens if you do not pay an outstanding loan. It includes the actions that a debt collector may not take.

Debt Recovery Specialists, A Professional Collection Agency in ...

Skagit Valley's Debt Recovery Specialists are unique to the debt collection industry by placing a heavy emphasis on the human relations aspect of collection .

Bad Debt Recovery Definition | Investopedia

A debt from a loan, credit line or accounts receivable that is recovered either in whole or in part after it has been written off or classified as a bad debt. Because it  ...

Debt collection > Consumer Financial Protection Bureau

Depending on your situation, there are many different ways to respond appropriately to debt collectors. You can consider using the following sample letters if ...

9 Ways to Outsmart Debt Collectors | - Time

Jul 30, 2014 ... More than a third of Americans have debts reported to collection agencies. If you' re one of them, here are the repayment and negotiating ...

Pro-Collect Pty Ltd

Get the money you're owed! We offer advanced debt collection, litigation, accounts receivables management & associated services. Call us today!

Using Debt Recovery

Invest the time to expand your knowledge and understanding of business debt recovery. There are federal and state laws surrounding acceptable business practice for the recovery of business debts, as well as the filing of bankruptcy and corporate debt restructuring. Learn the key concepts to ensure you make the best possible use of debt recovery services.

Talk with your accounting services firm, banking professional and industry contacts to understand what is standard business practice in your area and industry. Use this information as a guideline when defining your debt recovery guidelines. Follow the three steps below to learn more about using debt recovery.

1. Research debt recovery legislation.

2. Meet with debt recovery consultants.

3. Review debt recovery with lawyers.

Read debt recovery legislation

Expand your use of debt recovery management by exploring the options available. Read the federal and state legislation on debt recovery. Stay current on the legislation surrounding the different financial options for companies to minimize your risk.
Federal Trade Commission website provides detailed information on debt recovery. Educate all your accounts receivable and finance staff on the legal limits and rules surrounding collection activities.

Work with debt recovery consultants

Improve the efficiency of your debt recovery services by incorporating the best practices from debt recovery companies. Talk with your colleagues and debt recovery company staff to get timely advice on how to proceed and when to move to legal recourse to obtain business debt recovery.

Discuss debt recovery with lawyers

Educate yourself on the process for collecting on small business debt using legal channels. As a creditor, there are certain procedures that you must follow to have your debt counted during a business debt restructuring. Collecting on international business debt is another process where legal advise is helpful.
  • Learn about the types of debt recovery services available and stay current on the legal limits around these activities. As the customer, it is up to you to state what is acceptable business practice.

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