How To Deal With A Business Debt Collector

May 1, 2012 by  
Filed under Business Debt Relief

The current recession has led to inadequate sales and out-of-control debt for many small to medium-sized businesses. Federal government statistics indicate that, in 2010 alone, delinquency rates on commercial and business loans jumped over 100%.  Business collectors are hurting, too.  Business debts assigned to them were significantly lower in 2011 than from the previous year.  Companies have literally been dropping […]

Emotion is an Enemy of Business Debt Settlement

July 29, 2011 by  
Filed under Uncategorized

The collector called to tell me just how much he thought of our business debt settlement proposal.  “We’re insulted”, he spat.  Here we go again, I thought. Business collectors deal with debt as their bread and butter.  They have to be objective and know something about the company being hounded.  And they should take time […]

Give Debt Collector Adversaries a Good Reputation to Live Up To.

April 14, 2011 by  
Filed under Uncategorized

The suggestion that we give adversaries a good reputation to live up to was made famous by the great Dale Carnegie.  It was incorporated into his course content.  And I try to live by this rule myself – tough that it can be.  There can be real benefits in doing so. This is especially so in dealings with client’s creditors and their […]

Ongoing Problems with Collectors

June 10, 2010 by  
Filed under Uncategorized

The collection industry continues to get hammered by complaints to state agencies.  West Virginia’s attorney general, Darrell McGraw, announced yesterday that his office has reached a $75,000 settlement with a debt collection agency.  Small potatoes in the overall scheme of thigs.  But the unlawful practices mirrored those which I encountered last year. I was being called at home by […]