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Consumer vs. Business collections
Business and consumer debt collection involves two different processes that can be carried out by a collections attorney or agency, but they are distinct from one another. What is...
September 22nd 2023 Author: Brendan Gilbert
3 Industries with the Greatest Challenges in Debt Collection
Companies today must ensure that they have enough cash on hand to meet daily expenses, pay employees and vendors. Unfortunately, many businesses are unable to collect money owed them...
July 21st 2023 Author: Brendan Gilbert
Demand Letter Meaning: Understanding the Power of a Demand Letter - A Comprehensive Guide
What is a formal notice demand letter? Have you ever been in a situation where you or your company had to ask someone to take action or provide compensation?...
June 20th 2023 Author: Brendan Gilbert
Collection Attorney vs. Collections Agency: Which is Better?
Debt collection, including commercial debt collection, can be a challenging and stressful process, both for creditors and debtors. In some cases, the debtor is unable or unwilling to pay...
March 11th 2023 Author: Brendan Gilbert
Accounts Receivable Turnover Ratio: What It Means and How To Calculate It
A guide explaining the Accounts Receivable Turnover Ratio meaning, how to calculate it, and its limitations. What is Accounts Receivable Turnover Ratio? The accounts receivable turnover ratio measures...
February 15th 2023 Author: Brendan Gilbert
