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Author Archives: Jonathan Summers
Health Care Reform Laws Would Hit Collection Firms As Businesses, Instead Of Collectors
Health care reform bills introduced this week by House and Senate committees could impact some debt buyers and collection agencies that don\'t offer health insurance or have insurance plans that might be deemed too skimpy. The new proposals would require businesses to provide coverage to workers. Continue reading
Debt Collections From Business To Business
Debt collection is the collection of the delinquent debt amount from the debtor. Business to business debt collection is generally a tedious process. It has to be tackled with great effort since business relationships must not be hurt. Federal law also limits harassment and abusive practices in debt collection, imposing the Fair Debt Collection Practices Act or the FDCPA. Outsourcing of the debt collection to agencies is also a common practice. Debt collection agencies provide personalized services to collect debts. Continue reading
Improve Cash Flow With The Help Of Collection Agencies
If you\'re aspiring to cut setbacks in your small business to try and improve cash flow, then chances are you haven\'t even entertained the idea about employing a third party debt collection agency. After all, if you\'re attempting to cut back costs do you really need another expense? The trouble with many small business owners is that they have their thinking turned the wrong way around. Continue reading