Introduction The end-of-the-year holidays can be a challenging time for managing your company’s accounts receivable revenue cycle. You have the pressure of closing out the…
Category: Debt
In this blog category, you will find blog posts about all things related to debt and debt collection, including guides, advice and the latest industry news.
Introduction Almost every businessperson has encountered overdue accounts and slow payers can have a huge negative impact on your business. In fact, according to a…
A bounced or bad check, also called an NSF (non-sufficient funds) check, is a common issue for both business owners and debt collectors. While most…
Introduction Although the number of Americans with health insurance is at a record high, hospitals are struggling with growing amounts of bad medical debt. Sage…
Introduction Picture this: you have your own company and you just finished a big project for one of your customers. You send the final invoice,…
Introduction How do you know when you need the help of a third-party collection agency? Imagine you just launched your very own business. You’ve invested…
It is well-known that litigation costs and business failures have been rising. Today, bankruptcies are at an all-time high, but even more startling is the…
Insurance companies are not immune to a bankruptcy dunning letter and should never ignore the preference demand issued by the trustee. Preference letters are sent…
Introduction To determine the value of receivables written off to bad debt, you must first evaluate your current litigation policy. More specifically, the written-off receivables…
Introduction Feeling like you’re stuck under a pile of bad debt? Consider using the ‘snowball method’ to get out of debt fast, while minimizing the…