How to Collect a Debt - Part 1
Commercial Collection Agency / Services - How to Collect a Debt - Part 1
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Collect a Debt
How to Collect a Debt, 7 deadly mistakes:
- Failure to Pre-Screen.
- Bending the Rules on the Credit Application
- Bending the Rules on the Credit Application
- Not Following State and Federal Collection Laws
- Lack of a Consistent Follow-up Processing Past Due Accounts
- Waiting Too Long to Pull the Collections “Trigger”
- Working With a Collections Company That’s Collecting the Wrong Kind of Attention
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To Get A Free Quote or call us toll free 1-877-740-7839 and get started today!
7 Deadly Mistakes
Collecting a Debt
Burt and Associates is a Collection Agency that specializes in Commercial Collections.
How to Collect a Debt, 7 deadly mistakes
Here are the seven mistakes nearly every company, no matter their size, makes when
attempting to collect on past due commercial debt:.
Mistake #1: Failure to Pre-Screen the Customer Properly
"Obviously, the best way to avoid a collections mistake is to correct it before it happens"
Burt and Associates
Think back before the past due company became a customer. Ask yourself… Were they a good fit in the first place? Did your sales people overrule your financial folks on doing business with that company? If so, were those reasons legitimate?
Then again, was an exception made in the due diligence you undertake when evaluating a company’s financials?
Obviously, the best way to avoid a collections mistake is to correct it before it happens.One way you do that is to maintain standards on who passes the “do business with us" test and who ultimately fails.
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What does this Collection Agency offer to me? you may ask.
It's pretty simple. To get started, call us toll free at (877) 740-7839. We’ll discuss the accounts that owe you money. And we'll be honest with you and tell you which accounts are worth pursuing. We’ll also advise you as to which ones we think you can handle on your own and which accounts need to be collected professionally if there's any hope of recovering your money..
To get a Free Quote call us toll free (877) 740-7839 and get started today!
