First, let’s talk about what we mean by “old debt.” Once you’ve missed payments for about 180 days, your debt becomes “seriously delinquent.” This is usually when things start getting interesting (and not in a good way). Your original creditor might decide they’re tired of trying to collect and sell […]

Here’s the thing about debt collection: it’s a legitimate business practice. Collectors are supposed to reach out through various channels: mail, phone calls, and even fax. And sure, they’re just doing their job. I mean, everyone needs to make a living, right? But there’s a fine line between persistent and […]

A debt collector works with individuals and businesses who have fallen behind on their payments, whether it’s for a credit card balance, medical bills, or other financial obligations. They’re the professionals who step in when regular payment reminders haven’t worked, using their expertise to find constructive ways to resolve outstanding […]

As a business owner, chasing down unpaid debts isn’t exactly how you imagined spending your entrepreneurial journey. It’s about as fun as trying to teach a cat to fetch. That’s precisely why many businesses turn to debt collection agencies. After all, these agencies live and breathe to recover unpaid debts. […]