Living in Florida and running a business has been something that you enjoy, but what you don’t appreciate is when someone doesn’t pay what they owe. You’ve called to try to collect the debt, but you haven’t been able to resolve the issue. In this case, something that...
Month: August 2021
Are cars the only thing that can be repossessed?
Any business that lends credit to buyers or renters, unfortunately, must be adept at debt collection. When the debt is secured with a physical item or asset, the debt collection process can include repossession. Repossession is the act of reclaiming property in an...
Collecting from a company that has closed or filed bankruptcy
Collecting an unpaid debt can be difficult. People will often take dramatic steps to avoid repaying what they owe. Even if your company primarily does business-to-business sales, unpaid debt could still affect your budget and solvency. When a business owes you money,...