Past Due – Bad Debt

Cash flow is typically the biggest concern not necessarily past due – bad debt in the minds of business owners.  Being prepared before the situation arises is half the battle.  Having a plan for how to effectively eliminate your bad debt is the first step.  Knowing what collection agency you want to work with is…

Why Do Collection Agencies Exist?

Collection Agencies exist because for different reasons people stop paying their bill and yet the company has already delivered services or goods they are owed for.   A few reasons people stop paying: Loss of Job Medical Expenses Took a job paying less Divorce Family Death Poorly Managed Finances  Debt collection agencies are typically paid…