As a business owner, one of the most frustrating pieces of mail you can ever open is a letter containing a check written by one of your customers that has been returned because of non-sufficient funds, a closed account, or a stop payment. It can be even more frustrating when you attempt to collect the now outstanding debt and find that it is not as easy as you may have initially thought. Odds are that your company is not the first that the customer has written a bad check to, so most debtors have come up with ways of avoiding collection efforts.
However, if you are faced with the problem of bad check recovery, then hiring a national collection agency to collect your business debts will prove to be extremely beneficial. Using a national collection agency to collect debts for you is an easy solution to a very difficult problem.
Many times businesses are hesitant to hire a national collection agency because they assume the cost of doing so will be too high. In reality, however, the opposite is generally true. That is, many collection agencies only make money when they successfully recover the debt you are owed.
In this case, there is no reason to fear losing money, when in fact you only stand to bring in more. Even though they take a percentage if the debt is collected, you will still be receiving more of the money that is owed to you than if you had decided to collect on it yourself and failed to collect any at all.
A national collection agency is familiar with debtors who use avoidance, and as trained professionals, they know how to get past these. They know how to break down the walls that debtors use to hide from bad check recovery tactics. Additionally, collection agencies are familiar with the laws that govern debt collection in your area, ensuring that not only do they know exactly what legal action is available for bad check recovery, they also help protect your business from any legal liability.
If you have been spending time trying to work on collecting debts, then you have lost time you could have spent on current business or obtaining new business. Old debt and bad checks will not generate new income for you: it will only prevent you from doing so.
Hiring a collection agency not only gives you back valuable time to spend on new, potential money that you can make. It also gives you the peace of mind, knowing that now there are experts dedicating all of their time to getting back what is yours. You have already provided your services as an expert or given customers what they need, so now it is time to let debt collectors provide their expert services to you.
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Fixed Rate Collections makes it a common practice to speak directly with any potential clients wishing to gain access to the Fixed Rate Collections debt collection network. To get the signup process started, please fill out the form below and we will contact you within 12 business hours, or you may contact us immediately at 1-321-319-4131