Hiring Debt Collecting Agencies?
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elijah Apprentice
Joined: 11 Apr 2004 Posts: 11
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Posted: 12/27/07 - 08:32 Post subject: |
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| Is it ok if my company hires some debt collecting agency because we have severely late debts to collect and it seems cheaper to hire such agency than a lawyer. What is exactly what they do and will my company have some problems later on. Please, if any one knows more about this subject I would like to hear. |
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evered Apprentice
Joined: 10 Nov 2006 Posts: 7
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Posted: 01/26/08 - 00:45 Post subject: |
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| Those agencies offer a lot of negotiating skills and legal processes for collecting money from late payments. If your customers are disregarding your appeals and notes this is totally right and legible step to take. But I can suggest you debt lawyers that can be slightly more effective than agencies and reasonably cheaper. But before hiring anyone just ask to see their list of clients to make sure that you chose right and effective service. |
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