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Blog > Collection Tips > 4 Steps to Negotiate Payments from your Past Due Accounts
4 Steps to Negotiate Payments from your Past Due Accounts
- Be prepared to negotiate longer payment plans with your delinquent and slow paying customers.
- Keep payments on a weekly or bi-weekly basis so you are in frequent contact.
- Get a payment plan in writing.
- If the account does not follow the plan get in touch with your commercial debt collection agency of choice and pursue your money immediately.
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