Collection Agencies

Bad Debt and Collection Agencies

Writing Off Bad Debt and Dealing with Collection Agencies Collection agencies are often used to collect overdue receivables.  Typically, the agency will take a percentage of any debt collected (40% is not uncommon), then forward the remaining portion of the payment to you.  There are a variety of acceptable methods of accounting for this activity. …

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By entering your information above and clicking the “Agree and Get Started” button, you agree to our Terms of Use and Privacy Policy that we may contact you, by SMS, at the phone number and email address you provide in this form in accordance with our Terms of Use. Promotion Terms & Conditions apply.