Eastern Credit Management Services

NOVEMBER 22, 2024

Professional debt collection services can help maintain financial stability without damaging client relationships. Reduce the Stress of Debt Recovery Debt collection is time-consuming and can strain internal resources. Here’s how. This reduces the risk of legal issues for small businesses.

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Debt Collections Small Businesses Credit and Collections Credit Management 52

Your Virtual Credit Manager

JANUARY 16, 2024

Time is as much an enemy as anything else when you are charged with collecting past due accounts receivable (AR), so it is crucial you don’t waste time by making mistakes, which will also serve to elongate the collection process.

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Debt Collections Collector Credit and Collections Bad Debt 130

RMAi Blog

AUGUST 16, 2024

On August 12, 2024, the New York City Department of Consumer and Worker Protection (DCWP) published its long-awaited amendments to the City’s Debt Collection Rule and an FAQ. 23-24) Expanded Itemization of the Debt Requirements (p. 26) Time Barred Debt Requirements (p. 27-28) Medical Debt Limitations (p.28-29)

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Debt Collections Collector 130

Emagia

DECEMBER 30, 2024

This comprehensive guide delves into the multifaceted aspects of B2B debt collection, offering insights into its importance, challenges, and effective strategies to optimize recovery processes. Understanding B2B Debt Collection B2B debt collection involves the process of recovering unpaid invoices between businesses.

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Debt Collections Credit and Collections Bad Debt Transactions 40

RMAi Blog

OCTOBER 22, 2024

The post Member Alert: DELAYED ENFORCEMENT ANNOUNCED ON NEW YORK CITY DEBT COLLECTION RULE appeared first on Receivables Management Association International. Members are encouraged to consult with an attorney of their choice for legal advice concerning this matter.

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Debt Collections Collector 130

Eastern Credit Management Services

NOVEMBER 22, 2024

Debt collection involves a variety of legal considerations, especially in Atlantic Canada, where regulations may vary by province. Understand Provincial Regulations Each province in Atlantic Canada, including New Brunswick and Nova Scotia, has its own set of rules governing debt collection.

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Debt Collections Credit and Collections Credit Management 52

Eastern Credit Management Services

NOVEMBER 22, 2024

Navigating the debt collection process can be complex, especially when dealing with specific legal considerations in Atlantic Canada. Initial Contact and Demand for Payment The debt collection process typically begins with an initial contact from the collection agency, which may include a written notice or phone call.

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Debt Collections Credit and Collections Credit Management 52

Chaser

FEBRUARY 3, 2025

The Fair Debt Collection Practices Act (FDCPA) are the federal collection agency laws that protects consumers from abusive, deceptive, and unfair debt collection practices.

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Debt Collections 90

Your Virtual Credit Manager

JUNE 6, 2023

Seldom does a new collector appreciate the need for a balanced, holistic approach to debt collections. More About Purchasing Credit Reports Seven Common Debt Collection Mistakes Now that you have an understanding of the components of a comprehensive approach to collections, let’s consider some common failings.

Debt Collections 100

Debt Collections Collector Credit and Collections Default 100

Enterprise Recovery: Accounts Receivable

APRIL 10, 2024

Many companies often turn to professional debt collection agencies for assistance when this happens. Before you hand over your delinquent accounts to a collection agency, it's important to understand their role and how they can help your business.

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Debt Collections 88

Enterprise Recovery: Accounts Receivable

MAY 6, 2024

The tech industry is known for its rapid growth and innovation but faces unique challenges regarding debt collection and non-paying clients. Understanding the intricacies of debt collection in this sector is essential for companies to recover payments and maintain financial stability.

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Debt Collections 80

Enterprise Recovery: Accounts Receivable

NOVEMBER 10, 2023

Debt collections between businesses (B2B) is the recovery of overdue payments for goods or services provided to another company. Understanding the intricacies of B2B debt collections is essential for businesses to manage their cash flow effectively and maintain healthy financial relationships with their clients.

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Debt Collections Invoice Disputes 83

RMAi Blog

FEBRUARY 6, 2023

Debt collection agencies are among the companies looking for solutions that can help them transform, and 2023 will be the year that voice-led tech will challenge the status quo of the ARM industry, especially when companies can deploy it within a day. It’s time for debt collectors to explore the potential impact of Voice AI.

Debt Collections 100

Debt Collections Collector Credit and Collections 100

Hilton Baird

AUGUST 14, 2023

The post How to get paid on time: Tips from a debt collection agency appeared first on Hilton-Baird Collection Services. This blog shares valuable tips, insights and strategies to help you to secure more timely payments from your customers.

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Debt Collections Credit Management 97

Chaser

JULY 25, 2023

If you find yourself having to write a debt collection letter, you're not in an enviable position. The only person worse off is the recipient of the debt collection letter you're about to send.

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Debt Collections 98

Collenda

DECEMBER 14, 2023

How can technology be used to transform debt collection processes? For many businesses, debt collection can be an arduous, time-intensive, and at times, frustrating task. How can technology help in debt collection? How does debt collection automation work in practice?

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Debt Collections Collections Automation Transactions 90

Know-It Global

JUNE 13, 2024

However, with technology-driven solutions like Chase-it, businesses now have a powerful ally in streamlining the debt collection processes and unlocking new levels of efficiency. By harnessing the power of automation, Know-it empowers businesses to revolutionise their debt collection efforts and achieve faster, more effective results.

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Debt Collections Credit and Collections 81

Enterprise Recovery: Accounts Receivable

AUGUST 11, 2023

Do your business debt collections keep you up at night? Is outsourcing B2B debt collections the right choice for your business? Is outsourcing B2B debt collections the right choice for your business? Let's explore the advantages and find out.

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Debt Collections 79

Enterprise Recovery: Accounts Receivable

APRIL 21, 2023

If those subscribers fail to meet their obligations, their accounts can be sent to collections for recourse. Non-payer churn is one of many reasons that Saas companies need debt collection services.

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Debt Collections 70

Your Virtual Credit Manager

FEBRUARY 25, 2025

Given your current circumstances, you might want to consider working with a bonded and certified third-party debt collection agency when the burden of collections becomes too much to handle. Your focus should be on revenue growth and stability, but you also don’t want to be hampered by bad debt losses.

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Bad Debt Credit and Collections DSO Debt Collections 130

Enterprise Recovery: Accounts Receivable

JUNE 30, 2023

Business-to-business debt collections could also impact your relationships with current and potential clients. Use these tips to protect your business reputation during B2B debt collections. Nobody likes asking for money - least of all when your clients aren't paying their invoices promptly.

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Debt Collections 72

Enterprise Recovery: Accounts Receivable

APRIL 7, 2023

When companies seek out debt collection agencies that they can trust, they also want to work with those who understand their industry. When a debt collections agency speaks your language, B2B account recovery can be more successful.

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Debt Collections 67

Chaser

JUNE 3, 2024

Debt collection is a critical step in managing your business. Reliable cash flow is only possible when debt collection is efficient, streamlined, and a constant focus within the accounting department. Debt collection automation provides significant advantages over traditional methods for numerous reasons.

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Debt Collections Collections Automation 52

MNS Credit Management Group

SEPTEMBER 24, 2023

Consumer And B2B Debt Collections Variation Commercial collections refer to the process of recouping unpaid invoices owing to another company. When a client owes a business money, consumer collections take place. The debt collection industry consists of two distinct functional areas.

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Debt Collections Credit and Collections Collector Credit Management 52

MNS Credit Management Group

DECEMBER 2, 2022

It is the job of a debt collector to recover past-due bills owed to creditors. Debt collectors often receive a portion of any money they are able to recover. Debt collection is closely controlled in order to protect consumers from overbearing collectors. The difficulty of collecting on debt increases with age.

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Debt Collections Collector Credit and Collections Bad Debt 52

MNS Credit Management Group

MAY 28, 2022

The Debt collections business is primed for even greater transformation in 2022, which should come as no surprise. Keep track of these items if you’re a developing collecting company to strengthen your operations, increase productivity, and improve client satisfaction. What is the Operating system for Debt Collection?

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Debt Collections Collector Credit and Collections Bad Debt 52

MNS Credit Management Group

JUNE 5, 2023

Introduction When a firm faces the non-payment of one or more invoices, that company will initially try to recover what is owed using an amicable debt recovery approach. Debt collection may be a difficult and delicate procedure that frequently leads to conflict between creditors and debtors.

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Debt Collections Collector Credit and Collections Credit Management 52

Enterprise Recovery: Accounts Receivable

JUNE 9, 2023

If you've ever struggled with chronic late-paying clients or are silently seething over invoices that were never paid, you're probably considering commercial debt collection. You may wonder how to escalate an unpaid debt to a collections agency and if they'll damage your client relationships.

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Debt Collections 62

RMAi Blog

JANUARY 27, 2025

Throughout his career, Dr. Nigrinis has managed investigations related to allegations of unfair or deceptive practices, fair lending, credit card fees, debt collections, and more. He also provided economic analysis of consumer financial regulations and policy and has extensive experience with sampling and big data.

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Law Firms Credit and Collections Debt Collections 130

MNS Credit Management Group

MAY 25, 2023

The main purpose of debt collection in any country is to find an amicable and smooth settlement of dues between a debtor and a creditor. However, in Indonesia, there are no specific rules regarding debt collection service companies. Indonesia is no exception.

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Debt Collections Credit and Collections Collector Law Firms 52

Chaser

MARCH 4, 2025

Facing a debt collection lawsuit is a stressful experience. Many individuals find themselves in this situation, often feeling overwhelmed by the prospect of legal action over unpaid debts.

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Debt Collections 52

Eastern Credit Management Services

JULY 21, 2023

As a trusted Canadian Debt Collection Agency, Eastern Credit Management Services (ECMS) understands the importance of streamlining debt collection processes to maintain strong client relationships and achieve optimal results. To streamline your debt collection process, embrace a multi-channel communication approach.

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Debt Collections Credit and Collections High-Risk Accounts Credit Management 52

Gaviti

FEBRUARY 18, 2024

Regardless of the reason, typically once your unpaid or overdue invoice is more than 90 days overdue, however, it has evolved to become a debt. At this point, your business should move from handling the invoice in-house to managing it through one of the debt collection outsourcing services listed below.

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Debt Collections Credit and Collections Days Sales Outstanding Invoice to Cash 52

MNS Credit Management Group

OCTOBER 31, 2022

Thus, you can pretty easily find debt collection services in UAE with the help of Legal Consultants in Dubai. Debt collection simply entails pursuing a person to get him or the business the money that is owed. Always make the wise decision to consider your options for collecting your debt from debtors outside of court.

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Debt Collections Credit and Collections Bankruptcy Default 52

Hilton Baird

SEPTEMBER 15, 2022

Collecting overdue invoices can be a difficult process, and there may be times when you need to turn to a trusted debt collection company. The post How to identify the best debt collection companies appeared first on Hilton-Baird Collection Services.

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Debt Collections 52

MNS Credit Management Group

MARCH 2, 2023

Nowadays, there are two main methods of debt collection in Vietnam. The second option is to request assistance from a debt collection firm, which assists corporate clients in recovering their obligations. One must keep the following in mind when collecting debt in Vietnam: Vietnamese debt collection outside of court.

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Debt Collections Collector Bankruptcy Credit and Collections 52

Credit Tools

JANUARY 24, 2023

All about the players in the field of legal debt collection, who to contact and when!

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Debt Collections 52