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There are still some options here, including some firms that can help you with distributing both electronic and paper invoices, but you will need about 500 invoices per month for their services to provide economic benefits Collections : Many Collection Agencies will perform “first party” collections for you.
If a consumer has an unpaid debt on an existing credit account, the original lender will eventually close the account and charge off the baddebt. Generally, these debts are reported to the credit bureaus and remain as a negative entry on your credit history for seven years. What is a Charge-Off?
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