Category: How to collect bad debt

Struggling to Collect Customer Debt?

Debt recovery solutions have been around since the beginning of commerce. While most small businesses have made internal attempts to collect debt or outsourced their debt settlement solutions, recent years have seen the beginnings of debt recovery tools that allow small businesses to engage in do it yourself debt settlement. The rising trend of do it yourself debt settlement has made bad debt recovery much easier, allowing small companies to get a better grip on their business finances.

Though most companies keep a bad debt reserve knowing that some percentage of their debtors will not pay in full, it is still critical for small business to pursue Read more ...