Tag: debt collection

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How Debt can Lead to Bankruptcy

How Debt can Lead to Bankruptcy

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 […]

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6 Reasons Why You Should Outsource Debt Collection to a Debt Recovery Professional

6 Reasons Why You Should Outsource Debt Collection to a Debt Recovery Professional

As 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 […]

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7 Tips to Find the Best Debt Collection Agency

7 Tips to Find the Best Debt Collection Agency

If 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 […]

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7 Tips Before Beginning Legal Debt Collection

7 Tips Before Beginning Legal Debt Collection

Debt 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 […]

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Why Outsource Your Insurance Claims Recoveries to Experts?

Why Outsource Your Insurance Claims Recoveries to Experts?

I’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 […]

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