Thursday, September 24, 2009

Collection Agent

Using a Collection Agent

If you have personal or company debts which need to be collected, handling collections via a third-party collection agent is a wise choice. When you persistently contact debtors, it can sour the relationship, but if you use a third party which is seen as separate to your company, this is less likely to be the case. A collection agent who has experience in dealing with debtors can stand you a good chance of recovering your money and can do so without damaging your company’s reputation.

Collection Agent Services

A collection agent will be able to meet with debtors face-to-face on your behalf, and this is often effective as the intensity of a personal encounter is stronger than what can be conveyed by a written letter. A collection agent may also be able to provide litigation services in the event that a collection does not elicit payment and legal action is required in order to extract the money owed.