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Successful
Debt Collection Techniques
in Your Business?
Share Your Stories, Problems or Concerns Here

Has your business found successful debt collection techniques that work for your organization? Have you implemented debt recovery solutions that has improved cash flow?

Have your internal debt collection strategies consistently helped with slow-paying customers in your business?

Or, are you still looking for debt collection help that is cost-effective, successful in collecting your money , and it doesn't take you too far afield of your revenue-making, core business?

DebtCollectionSteps.com is all about helping businesses improve on their slow-performing accounts receivable. We invite businesses to share their success stories and debt collection strategies; tell us how you're successfully collecting on your past due accounts, and slow-paying customers.

Also, feel free to write and express your frustrations, issues and problems concerning debt collection.

Visit these pages below where other business owners have shared the debt recovery solutions they've put in place. Also, if you're still seeking debt collection help, you may find answers to questions asked by other owners like yourself.

Here's where you get a chance to voice your concerns and interact with other business owners facing similar challenges. This community of business owners sharing problems and solutions together will benefit us all.

Read what other visitors to this page have written.

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  • What debt collection techniques have proven successful in your company or business? And how has the present economic crisis changed or affected your debt collection techniques? Also, share your problems and concerns about debt collection techniques.

  • What debt recovery solutions measures have you taken, or are considering to improve upon your outstanding accounts receivable?

  • Share some of your debt collection strategies and tips for collecting from delinquent customers during this slow economy. What practices have you put into place for collecting on past due accounts?

  • What kinds of debt collection help issues, problems and challenges is your organization facing?

  • What debt collection practices have you put in place to address medical billing collections? Express some of your concerns with medical billing collections.

  • How is your hospital dealing with rising hospital bad debt? Do you have success stories to write about? Share your hospital bad debt problems.

  • How is your bank/credit union successfully dealing with growing credit card debt collection? What concerns you the most with regards to credit card debt collection?

  • Are you presently, or have you used third party collection agencies in the past? Would you recommend their service? Rate and share your experience. Tell us the good, the bad, and the ugly about outsourcing debt collection.

  • If you are considering using debt collection services, list some of the most important factors for your business? List the qualities you are looking for in collection agencies?

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    Read Other Successful Debt Collection Techniques

    Click on the links below to see some other great stories about successful debt collection techniques. They were written by other business owners to this page.

    Debt Collection Strategies:
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    I work for a staffing service that has offices all over the globe, so naturally we'll come up with delinquent customers from time to time. There are a ...

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    The debt collection technique we have used at our advertising agency is simple -- we ask for the money! We start calling clients after 30 days.

    We ...

    The Ultimate Method for Maximizing Return on Debt Collections  starstarstarstarstar
    The keys to successful debt collection are 1) consistency, 2) kindness, and 3) follow-up.

    The majority of people want to pay their debts and live an ...

    An Ounce of Prevention: A Great Debt Collection Technique  starstarstarstarstar
    I am a partner in a property maintenance company. We maintain, repair, and supervise large products on properties when the owners/landlords are either ...

    Debt Collection Techniques For Collecting Debts in an Increasingly Tight Economy...  starstarstarstarstar
    As a psychologist, small business owner, and a former banker, I often am asked about the best ways to motivate people to pay their bills. While fear is ...

    Gandhian Principles Still Work As An Effective Debt Collection Technique!  starstarstarstarstar
    I was the in-charge of the recovery cell of the the City-11 Branch of a certain bank during 1999. My challenge at that time was to recover dues from the ...

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    In these tough economic times, the small businesses have been hit especially hard. They face not only fewer customers generating income but also suppliers ...

    Compassion Is The Best Debt Collection Technique  starstarstarstarstar
    I have learned that having a bit of compassion for my customers is the best debt collection technique I have. I try to put myself in their shoes while ...

    Great Debt Collection Technique: Just the Facts!  starstarstarstarstar
    The key to collections is information. Good information that is supplied by the person you might be looking for one day. If at all possible a company ...

    Proven Debt Collection Techniques: Third Party Collection Agencies  starstarstarstarstar
    Sometimes, in spite of all your efforts, some of your customers won't pay their debts. In spite of the fact some of your customers might be experiencing ...

    C.O.D.'s Get A Discount   Not rated yet
    I own and operate a small fire protection business. Most of my customers are restaurants with cash on hand, and most of their invoices are usually under ...

    Open Season On Collecting Debt:
    An "Interesting"
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    You all know how hard is to get money from people that have it but don’t want to give it to you. These people generally don’t care if you haul them into ...

    I Have Learned a Few Successful
    Debt Collection Techniques
      Not rated yet
    Through trial and error, I have learned that during tough economic times, the best successful debt collection techniques involve only three important things:...

    Low-Pressure, Friendly Collection Tactics  Not rated yet
    We attempt to understand the customer’s situation and find out what circumstances may be causing them to avoid paying their bill. We offer them payment ...

    Successful Debt Collection Techniques  Not rated yet
    While working at the doctor's office, we got a backlog of unpaid bills. This was a problem, especially when it came to paying quarterly taxes! It was ...

    Debt Collection Techniques:
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    When we started our company, it was a tiny operation out of an apartment. We paid our suppliers, our customers paid us, and we paid ourselves – perfect....

    Successful Debt Collection Techniques -
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    Having a large number of units being leased at any one time means that you will always be attempting to collect on debts.

    In this economy, apartment ...

    Three Easy and Successful Techniques For Debt Collection.  Not rated yet
    I have been working for an electrical and home appliances multinational company for the past seven years as an Accounts Manager under the debts collection ...

    I Am Not A Debt Collector.   Not rated yet
    I don't have any successful debt collection techniques but i have been on the other side of the boat and i can tell you that to be successful with collecting ...

    Information Gathering:
    One Of The Most Debt Collection Techniques
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    Information gathering is really one of the best debt collection techniques. Just keep frequent contact with your debtor and you can also use an application ...

    Debt Collection Techniques:
    Don't Give Up Customer Service While Doing Debt Collections!
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    In our service oriented industry, debt collection can be a tricky situation. For most businesses, they have two choices: a.) collect the debt themselves ...

    Debt Collection Technique:
    Getting Accurate Information At The Beginning
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    For me, gathering accurate information at the beginning is an absolutely essential debt collection technique. Not only does the business need this information ...

    Efficient Debt Collection Techniques   Not rated yet
    Gathering information needed at the beginning is an absolute debt collection technique. Make sure of my debtors financial position. Keep frequent contact ...

    Successful Debt Collection Techniques In Banking  Not rated yet
    If the customer has got any owned property, we mortgage the property and close the unsecured loan so that he is benefited by paying a less amount for ...

    Debt Collection Technique Problems:
    Worst Case Solution for Small Debt Collections
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    In this tough economy, collecting even $100 can be a chore, but it is because of the tough economy that every $100 counts. My scenario was with an apartment ...

    “Personal” Collectors is a Key Technique to Successful Debt Collection  Not rated yet
    I have been in the banking/finance arena for some time now. My last venture was reviewing delinquent loans for investing purposes. During my review, I ...

    Debt Collection Techniques That Work With Collecting From Problem Clients  Not rated yet
    Being in business for yourself has numerous perks but also has a unique problem- collections! In our line of business which is embroidery and embroidery ...

    Small Business Debt Collection Technique  Not rated yet
    For the majority of my life I have owned a small business. Recently, we teamed up with a financial company that allowed us to put customers on a payment ...




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