A debt collection company that works on a no recovery, no fee collecting basis has the highest possible motivation to collect on a business’ delinquent accounts. This is because they only receive compensation if they successfully achieve their objective. Other collection agencies will be paid for performing their services regardless of the [Read Full Story]

Three companies and their owner, who allegedly falsely claimed they could help consumers quickly eliminate their credit card debts and stop calls from debt collectors, have been banned from the debt relief business under a settlement with the Federal Trade Commission. The defendants are Jonathan Greenberg, Hermosa Group LLC, Media Innovations LLC [Read Full Story]

Debt collection agencies are constantly faced with high turnover among collectors. There is some pretty interesting psychology behind this, and a straightforward solution. by Dr. Brooks Mitchell May 19, 2010   I admit it; I would be a terrible debt collector. If I had to sit in a chair all day long and track down [Read Full Story]

For companies in the debt and collections industry, it is often a struggle to stand out among the competition. You need to stand out against a legion of other providers, especially online. Finding the perfect clients – and lots of them – who need and appreciate what you do is not always easy. One great [Read Full Story]