Fool-Proof 3 Step Formula That Reveals Best Time To Refer An Unpaid Account To A Debt Collector

by Angelo Ioanides A common dilemma for business owners worldwide is knowing when to stop chasing unpaid accounts in-house and hand them over to a debt collection agency. In reality you’re torn between trying to save money and customers chasing account yourself whilst being mindful not to hold on to those accounts for so long that they become virtually impossible to recover. Hence, there’s a threshold where the cost of chasing a debt yourself actually exceeds the costs of using a debt collector. [more...]

Date: 2009-08-22 11:35:09

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