When a business sell goods or service to customers, they usually expect payment in return. However, customers sometimes fail to pay on time or ignore multiple reminders. This is where a final collection letter comes into play. A final collection letter is the last attempt to collect an outstanding debt before you take legal action. … Read more

While the idea of being stranded on a desert island may seem far-fetched, the need for a collection on behalf letteris not. In today’s busy world, it’s not always possible to be physically present to collect essential documents or items. That’s where a properly executed letter of authorization for collection comes into play. This legal document … Read more

A sales and collection letter is used to collect debts owed to an organization. Many business owners underestimate the need for concise, professional sales and collection letters that include all relevant information. Crafting these types of documents is no small feat; however, with proper planning and consideration, one can create highly effective and convincing documents.  … Read more

Writing a payment arrangement letter to a creditordescribing your financial situation and suggesting a solution will benefit you and your creditor. When you’ve gotten behind on debt payments, it can be overwhelming to know where to start. Negotiating with creditors for a payment arrangement is often the next step, but that brings challenges and uncertainty.  … Read more

Being stuck in an accounts receivable situation can be tough – but proper past due invoice wording can make a difference. By crafting the right message, it is easier to set expectations and effectively communicate with customers on their due dates.  This blog post will examine what makes an outstanding past-due invoice and how to … Read more

A chasing outstanding invoice letter is vital to any business. If you’re a business owner, there’s nothing worse than having to chase unpaid invoices that your customers have ignored. Not only does it take up valuable time and resources, but it can also burden relationships unnecessarily if not handled correctly. Everyone knows that cash flow … Read more