Utility Collections

No one would ever suggest that collecting debts is an easy process. The fact that there are complexities associated with collecting debts reveals the entire rationale behind the debt collection industry. The pressing need for collecting debts is designed to help those in the business community remain profitable. The truth is, if a business is… Read More »

“A Man’s Word is His Bond”. Once upon a time this phrase meant exactly what it says. Incurring debt and not repaying it used to be a shameful act. A once powerful motivator, shame, is now a relic of the past. In modern society, methods to avoid repaying a debt have become commonplace. Americans owe… Read More »

Knowing when it is time to send your debt to a collection company is crucial. Once you have made several attempts to collect a debt on your own, using your own resources and come up empty-handed. Despite your best efforts the person who owes you may simply be unwilling to repay the debt. You have… Read More »

Don’t spend your valuable time worrying about unpaid debts that you cannot seem to get paid on your own. Instead, hire a debt collection company to handle the debt recovery on your behalf. A creditor seeking payment on an unpaid debt could be any company, bank or financial institution that has supplied a service or… Read More »

Many property management companies and individuals that own property and rent it out, routinely hire collection agencies to recover owed money and debt. Many tenants leave their apartments in disarray when they move elsewhere. Some cause a lot of damage that the security deposit does not cover. This is where a professional collection agency can… Read More »

Once you have exhausted all of your efforts to collect a debt that is owed to you, it is overdue time to call in a debt collection agency to handle this complex task for you. People often use debt collection agencies rather than going through the courts, because it can be less expensive than the… Read More »

You wouldn’t let someone walk out of your store without paying, would you?. If that happens too often, then you naturally go out of business. Therefore, why would you let someone skip out on a debt that they rightfully owe you? The equation does not make a lot of sense when you use this analogy.… Read More »

Does your company have outstanding consumer debt that has not been paid? If you want an alternative to the need for small claims court, mediation, and arbitration, check and see what options are available to help you with the outstanding, delinquent debts. It is time to use a debt buyer to help to collect on… Read More »

Businesses, of course, need revenue to survive and continue to stay open. A company may be willing to let small debts go, but a company is not as inclined to let large debts go as easily. A business tends to have a certain threshold as to how long it will wait for payment. If a… Read More »

The Pros and Cons of Collection Agencies in the US. People understand that when they have certain financial obligations, namely debt, which they must pay off, but sometimes people cannot. The people that work at debt collection agencies are people that need a paycheck too. With the economy today and jobs being scarce, you cannot… Read More »