By: Ana Fernando, Account Executive at Debt Recoveries Australia Over the years, debt has been tagged as something that is shameful, something that is bad, and something that can destroy people. Whilst some people think that debt is all about “bad things,” I personally think that having debt is not that bad after all. Debt […]
Read MoreBy: Ana Fernando, Account Executive at Debt Recoveries Australia Previously, Adam Stewart spoke about personal guarantees on his previous article and how they can help you in debt collection. I would like to discuss about the risks of signing a personal guarantee and what to look out for. While it is a good thing for […]
Read Moreby Rose Flores, Account Executive, Debt Recoveries Australia If you have recently outsourced to a debt collector, or have been contacted by one, you must be asking yourself – what is it that debt collectors actually do? Don’t worry, we get that a lot. Here is our step by step process for debt collection. Initially, […]
Read MoreCash is King and everyone wants to get paid on time, but how come you are always left to the last? Before you outsource to a reputable debt collector or litigation agent, there are a few things you can do yourself, to get your customer to pay you on time, rather than have the matter […]
Read MoreSo, your emails and phone calls are getting you nowhere? It’s time to outsource your debt collection services to a professional. But which one should you hire – a debt collection agency or a lawyer? Here are a few tips to help you hire the correct professional to do the job. Factors to Consider […]
Read MoreAs a debt collection expert, I see many businesses struggling with managing their accounts receivables. Many also lack the time, resources and expertise to quickly and efficiently recover unpaid debts themselves. The reality is, recovering debts can be time-consuming, expensive and inefficient if you lack the relevant expertise and the right tools. This is why […]
Read MoreIf you are having trouble recovering customer debts, or you have customers who are refusing to pay your invoices, it’s probably time to get professional help. Debt collection agencies focus on recovering debts that are past due. They contact your customers by phone, in writing or via email. In extreme cases, they may even issue […]
Read MoreWritten by Adam Stewart As a veteran debt collector and debt collection expert, I have seen first-hand, the importance of a good risk management strategy and I have also become an expert on how to establish an effective risk management policy in any company. So, what is risk management? Risk management is the process […]
Read MoreDebt collection can be an uncomfortable process, even for large businesses. These tips are designed to help you understand your options and make the right decisions for your business and to help you avoid going legal right off the bat. So, here they are: It all starts with your account handling processes. Whether you are […]
Read MoreI’ve been doing a lot of insurance claims recoveries and general debt collection for insurers. So, I thought I would share some of the best practices I know and suggestions about when should an insurance company outsource their claims recoveries. Insurance claims recoveries are needed when there is a recoverable amount arising, as a result […]
Read More