Another reason you might want to hire a debt collection agency is to maintain the strong relationship your business has with its clients. Agencies can be the "bad guy" in dealing with debtors.

Creditors will often hire a collection agency after a borrower is 60–90 days or more past due with a debt. The delinquency typically will be reported to the three major credit bureaus —Equifax ...

There are a lot of terrible suggestions out there for how to search for a digital legal marketing agency. Here are some of them, plus what to do instead.

Keep in mind, however, that agencies hired for hourly work typically aren't held accountable for results. 2. Deliverable-Based Contracts. If you want the agency you hire to be accountable for the ...

Dear Karen: How do I choose a collection service for my unpaid invoices? Answer: Ask agencies about their recovery percentages, their rates and whether they have experience with your industry ...

When to hire a debt collection agency. After sending a final debt collection letter that warns of legal action, you may want to hire a debt collection agency to recover the debt.

Hiring a debt collection attorney vs. hiring a collection agency. When you’re owed money, you may weigh the pros and cons of hiring a collection agency vs. hiring a debt collection attorney ...

Hire a collection agency that specializes in rent collection. Negotiate the terms of your agreement with the agency. Some don't require payment upfront, but they take a high commission off the ...

The Roselle Village Board plans to hire a collection agency to collect on $17,700 of unpaid parking tickets from about 700 offenders. The preferred firm, board members said, is Transworld Systems ...

If an agency can’t do it right, hire an in-house specialist. When it comes to properly allocating budget, you should always test small, and only go bigger if the test actually went well.

Choosing a professional collection service to manage delinquent accounts and other related tasks is a wise decision. The agency should represent your organization in a responsible and professional ...