In the wake of the global pandemic, the worldwide economy has taken a severe hit. The government enforced lockdowns have halted the operations of many businesses and enterprises, which has been especially hard for small and medium-sized businesses. Several companies have been forced to shut down, creating an upward trend in global insolvencies.
Continue readingHow to Avoid Debt Collection Phishing Scams
Consumer complaints about debt recovery are regularly among the top kind reported to government and legal agencies. These agencies have reported that fake debt collectors from fake debt collection agencies use several deceptive and abusive methods to make their customers pay up, including repeated calls, verbal harangues, and threats to reveal private debt information.
Continue readingThings That You Should Know Before Hiring A Debt Collection Agency
To run a business, you will need to keep your cash flow in order. This means getting invoices paid on time by your customers. However, as a business owner, you will inevitably encounter unpaid debts. Your clients won’t always pay their bills on time, which can cause a chain reaction that messes with your cash […]
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