Check Recovery Solutions

Most business owners encounter the frustrating problem of receiving bounced checks from customers. A bounced check is considered a check that has (NSF) Non-Sufficient-Funds in the issuer’s account. This can create a burden for the business owner who has already supplied a service or product and now has to deal with non-payment. If this has… Read More »

Managing your accounts receivable is one of the most important aspects of running a financially successful business. When someone writes a bad check to your business and it bounces, your business then takes on the responsibility of trying to locate that person and collect on their bad debt. What is worse is that the bank… Read More »

A business often times receives bad checks despite their best efforts to avoid them. When this happens, the first reaction is to immediately pick up the phone and contact the customer. While that may work in some instances, there is a much higher chance of success if that business instead, turns over all of their… Read More »

The financial lifeblood of any business is getting paid fairly and on time. Making sure that payments come in on time can be a challenge, one made more frustrating by bounced checks. There are few things more frustrating for a business owner than to think they have been paid only to have the check returned.… Read More »

In 2000, the number of bad checks written annually was estimated at 750 million. A mid-90’s Nilson Report projected the annual number of bad checks to continue to rise by 2 to 4% every year through 2020. These statistics indicate that both individuals and businesses must know how to go about recovering on bad checks,… Read More »

As a business owner, one of the most frustrating pieces of mail you can ever open is a letter containing a check written by one of your customers that has been returned because of non-sufficient funds, a closed account, or a stop payment. It can be even more frustrating when you attempt to collect the… Read More »

Conducting business in today’s climate can reap a lot of rewards. Unfortunately, however, it can also have risks as clients can sometimes pay their debts late or even not at all. When a business runs into a non-paying client, there are some options available to them. We will look into these different options and what… Read More »

Collection agency expertise is a potent debt recovery resource for businesses whose principal interest is their company’s fiscal well-being. As a small business owner who is owed a debt for goods or services supplied by your company to a consumer in good-faith, you will find there is a temptation to individually pursue the debtor. While… Read More »

Accounts receivable is a term that denotes the amount of money a company is owed by debtors. The ability to collect on your accounts receivable is a staple of business around the world. When you can rely on your accounts receivables to be paid, you will have a business that can plan for the future… Read More »