Understanding Bankruptcy’s ‘Automatic Stay’

When individuals or businesses file bankruptcy, something invisible yet incredibly resilient occurs. It serves to deflect the attempts by creditors and bill collectors to collect money owed by a debtor for services rendered or goods received. An important aspect of...

Use Email as Part of Your Collections Strategy

Email is one of the most effective methods used by sales and marketing to obtain new customers, increase sales and maintain customer satisfaction. It can also be used by savvy companies to assist in collection efforts. Here are some ways you can use email as part of...

What to do if your customer stops paying

Giving credit to customers is a necessary part of almost every business, and with credit comes the business of collections. Being a creditor is no problem if customers pay on time – but what happens when a customer stops paying on time or altogether? Your first step...