by Marie Benesh | Dec 23, 2013 | Uncategorized
The practices of debt collection agencies are governed and regulated by the Fair Debt Collection Practices Act (FDCPA), a federal law that applies to every state. Some states would have additional laws on debt collection, but most would adhere to the FDCPA. In his...
by Marie Benesh | Oct 22, 2013 | Business
The biggest challenge that a small business owner faces is getting paid of the debts owed by customers when it becomes due. The good news is, with little preparation, you can minimize late payments and develop the business radar that lets you know when an account is...
by Marie Benesh | Oct 16, 2013 | Business
For any business, cash flow is everything as it can make or break the whole operation. But it is also perfectly normal to extend credit to customers to raise sales and generate revenues for the company. However, there are always general rules on extending credit to...
by Marie Benesh | Oct 11, 2013 | Business
In every business, there will always be unpaid accounts receivables that need to be collected. In her blog, Debbie Trandell, said that when debts need to be collected, there are usually two ways to go about this. The first option is to collect debts by using in-house...
by Marie Benesh | Jun 5, 2013 | Blog, Business, Debt Management
Collecting overdue accounts is an unpleasant task, especially for small business owners with few staff. But there are specific ways to tracking delinquent payments that you can employ. The whole process of identifying overdue accounts and taking steps to collect your...
