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When and How to Hire a Debt Collection Company

The presentation describes about some tips to consider when choosing a Debt Collection agency.

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When and How to Hire a Debt Collection Company

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  1. When and How to Hire a Debt Collection Company FIRMS

  2. When to hire a Collection Company? It’s time to start thinking about hiring a collection agency if: • New customers do not respond to your first • You’ve agreed to a payment plan, but the customer does not follow through • A customer completely denies responsibility for the debt. Without a collection agency, these debts are rarely recovered • The customer makes unfounded complaints about your business, product or service as an excuse not to pay • The customer is going through a serious personal situation such as a divorce. Often, one spouse blames the other for the debt. • The customer has a long history of being financially irresponsible.

  3. How to hire a Collection Company? • It is important to hire a collection agency that has an established track record of successful collections in your industry • The agency needs to be familiar with the terminology in your industry, and the rules or regulations set forth by state or federal agencies governing your industry, if applicable

  4. Contact US6562 Ridings Road, Syracuse, NY 13206Sales: 1-800-655-4526Support : 1-877-845-4576Fax : 315-362-8506Website: http://www.firmsltd.comEmail:sales@firmsltd.com

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