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How Collection Agency Works
Nature of Debt Collection

Author: J.R.

How to Hire a Debt Collection Agency to Recover What You’re Owed
Business Debt Collection / Resources

How to Hire a Debt Collection Agency to Recover What You’re Owed

ByJ.R. August 4, 2025August 4, 2025

When unpaid invoices start piling up, many businesses or individuals turn to professional debt collection agencies…

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How Medical Debt Is Handled and How You Can Stay on Top of It
Medical Debt Collection

How Medical Debt Is Handled and How You Can Stay on Top of It

ByJ.R. July 26, 2025July 26, 2025

Understanding how medical debt is handled is crucial for protecting your financial health. This guide breaks down the process and offers practical tips to help you stay in control of your medical bills before they spiral into collections.

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Blogging / Resources

DSO Calculator

ByJ.R. June 2, 2025June 2, 2025

DSO (Days Sales Outstanding) Calculator Days Sales Outstanding (DSO) measures how quickly your business collects payment…

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A credit card application on a wooden desk, depicting finance and banking tasks.
Business Debt Collection

Why Every Business Should Use a Credit Application Before Extending Credit

ByJ.R. May 23, 2025May 27, 2025

Table of Contents Introduction What Is a Credit Application? Why It Matters for Debt Collection Key…

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Resources

Final Demand Letter Template

ByJ.R. May 8, 2025May 23, 2025

Final Notice Date: To: Company: Address: Outstanding Balance Notice Despite our previous notices, your account remains…

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Resources

Demand Letter Template

ByJ.R. May 8, 2025

Date: To: Company: Address: Outstanding Balance As of today, your account reflects an unpaid balance of:…

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Resources

Payment Agreement Template

ByJ.R. May 5, 2025May 5, 2025

Payment Agreement Template This Payment Agreement confirms the terms and conditions regarding the payment of an…

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Resources

Business Credit Application

ByJ.R. May 5, 2025May 5, 2025

Please complete the following credit application to help us assess your eligibility for business credit. This…

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Resources

Consumer Debt Collection Tool

ByJ.R. April 22, 2025May 5, 2025

This tool is part of our complete Consumer Debt Collection Guide. Use it to customize the…

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Overhead view of a hand using a calculator with US dollars and notes, representing finance and budgeting.
Consumer Debt Collection

What Counts as Consumer Debt?

ByJ.R. April 22, 2025May 23, 2025

A Clear Guide for Everyday People Most of us consider Debt a part of life, but…

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