Monthly Archives: May 2016

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3 Tips for Making Your Small Business’s Debt Collection Process More Efficient

ATTORNEY, DEBT COLLECTIONBy mchugheslaw May 25, 2016

Establishing a collection plan, understanding your customers, and sending consistent, prompt invoices are all processes that can help small businesses speed up the debt collection process. When you own or run a small business, having a consistent and steady cash flow is critical. When customers do not pay their bills on time, it can be…

The Terms a Debt Collection Attorney Uses and What They Mean

ATTORNEY, BANK, CREDIT CARD, DEBT COLLECTIONBy mchugheslaw May 11, 2016

The world of debt collections is fraught with unfamiliar terms and phrases. Reading up on common debt collection terminology will help you communicate with your attorney more efficiently. Businesses often turn to a debt collection attorney to help collect on outstanding accounts receivable. If your business needs help with out-of-control unpaid invoices, do not let…