- Taking too long and having to write it off
- Approaching it without knowing the laws and getting in trouble and spent a lot more than they collect
- Not having the necessary tools to track the debtor down if he/she moves
[vc_row][vc_column][vc_column_text]Why do collection agencies exist you ask? No matter how great the company, there are going to be bad debts. A Collection Agency exists to assist the business owner in securing that unpaid debt. No business is too small or too large to have delinquent accounts. If the company continues to try and collect on their own, they risk several things.