How to Set Yourself Up for a Successful Fiscal Year

Do you find it challenging to get new customers to pay on time? 

Are you struggling to maintain a consistent cash flow?

Being a successful business owner takes more than just making ends meet. Here are a few steps you can take to elevate your business: 

• Partner with a debt collector 
• Improve cash flow
• Review new customers
• Establish an effective billing system 
• Educate yourself 

For a more in-depth look at these steps, visit our website!

Debt Collection Services in Michigan

Working with a debt collection service in Michigan can help your business have a consistent cash flow and a successful fiscal year.

Don’t risk losing any more money to debtors. Fill out our contact form or call us at (248)-370-8160 for debt collection services.

When to File a Claim

Are you considering using business debt collection services?

The best time to contact a debt collector is within 60-90 days of the invoice due date. This will help you get the maximum recovery!

Here’s how the age of a debt can affect the collection rate:

• At Due Date: 94.9% collection rate
• After 30 Days: 89.9%
• 60 Days: 81.3%
• 90 Days: 69.6%
• 6 Months: 52.1%
• 9 Months: 39.1%
• 1 Year: 22.8%
• 2 Years: 9.3%

Learn more about debt collectability.

Business Debt Collection in Michigan

As a business owner, you shouldn’t have to chase debts. Let us do it for you.

If you need help with business debt collection in Michigan, contact us or call us at (248) 370-8160. Our expert debt collectors can answer your questions and help you decide your next steps. There’s no fee unless we collect!

Why the Age of the Debt Matters

Have slow paying customers become debtors?

As a creditor, you’re bound to experience nonpayment. Sometimes the busy nature of your industry may put collection efforts on hold, or maybe you tried collecting by yourself and got overwhelmed. Your frustrations are valid! Debt collectors are here to take the stress off you and help you collect what you’re owed! 

The age of the debt does play a role in your potential return – its age is directly proportionate to its collectability. The older the debt is, the harder it is to collect.

Learn the best time to contact a debt collector on our website!

Business Debt Collection in Michigan

As a business owner, you shouldn’t have to chase debts. Let us do it for you.

If you need help with business debt collection in Michigan, contact us or call us at (248) 370-8160. Our expert debt collectors can answer your questions and help you decide your next steps. There’s no fee unless we collect!

Let RSD Handle Your Legal Collections

Looking for collection attorneys, but don’t know where to start?

Collection agencies like RSD can coordinate with collection law firms on their law list and do the hard work for you! 

RSD can provide:

Proven Results – RSD’s legal department handles thousands of files each year, so they develop professional relationships with the attorneys they use. These relationships can lead to great communication and teamwork that can help your claim progress faster. The volume of work provided by RSD also makes collections profitable for these law firms, so they can commit resources to their collection practices, including superior technology, personnel, a dedicated legal collections staff, and prioritized partner time.

Learn more advantages to using a collection agency!

Collection Agency in Michigan

Why not make use of the advantages of RSD and its network of law firms to collect your legal accounts receivables? 

Choose a collection agency in Michigan first!

Contact RSD today! 

Why Choose a Collection Agency for Legal Collections?

Are you considering going straight to a collection attorney?

Choose a collection agency first!

RSD has the unique ability to facilitate legal collections based on their expertise in the field, the volume of legal matters they handle, and the resources they have available.

The advantages of choosing a collection agency in Michigan include:

Vetted law firms – Rather than trying to find a quality law firm by yourself, RSD can connect you with one using a law list, or a list of law firms willing to take your claim on a contingency fee basis. The firms on the law list work within a strict set of rules set forth by the Commercial Law League of America (CLLA) and abide by the usual and customary practices particular to the collection industry.

High level of experience – Both RSD and the law firms on the law list are collection experts! RSD sends many claims to the agencies on the law list so they receive even more experience. This experience is helpful because an experienced collection law firm can often settle a case, or even bring it to trial without the necessity for you to provide a witness.

Learn other ways collection agencies can help!

Collection Agency in Michigan

Why not make use of the advantages of RSD and its network of law firms to collect your legal accounts receivables? 

Choose a collection agency in Michigan first!

Contact RSD today! 

Qualifications Your Collection Service Should Have

The perfect debt collection agency:

• is prepared to give the best possible effort. But the agency cannot guarantee results on any specific date, as this would be misleading.
• is equipped to work and follow all accounts diligently.
• has complete and modern facilities for tracing debtors who skip.
• will promptly notify you when it discovers a debtor who is a hardship case and will recommend the proper procedure to follow.
• exhausts all reasonable means of securing voluntary payment before recommending legal action.

Learn more about debt collector qualifications. 

Choose RSD: A Certified Debt Collector in Michigan

Don’t stress yourself out chasing after debtors!

Ross, Stuart & Dawson is a commercial debt collector in Michigan that can help you collect quickly and with kindness, keeping the relationship between you and your debtor.

RSD is considered a “certified agency” by the Commercial Law League of America (CLLA) and is endorsed by the International Association of Commercial Collectors (IACC), proving their adherence to debt collection standards and practices.

Contact RSD today to start collecting!

What Makes a Great Debt Collector?

Considering using a debt collector in Michigan?

Consider the following qualifications and credentials when choosing a collection service. Check to see whether the agency…

• is a member of a national trade association. Membership is an indication of professional integrity.
• has a good reputation in the community with merchants, local/state business associations and other credit groups.
• has complied with the state’s statutory requirements as to bond or license or both.
• charges fees that are clearly stated and seldom subject to misinterpretation. Rates and fees are usually on a contingency basis-no collection, no charge. If the collection agency requests a written contract, the agency will welcome your having it reviewed by an attorney.

Learn more qualifications of great debt collectors!

Choose RSD: A Certified Debt Collector in Michigan

Don’t stress yourself out chasing after debtors!

Ross, Stuart & Dawson is a commercial debt collector in Michigan that can help you collect quickly and with kindness, keeping the relationship between you and your debtor.

RSD is considered a “certified agency” by the Commercial Law League of America (CLLA) and is endorsed by the International Association of Commercial Collectors (IACC), proving their adherence to debt collection standards and practices.

Contact RSD today to start collecting!