Monday, March 13, 2023

The Advantages of Visiting Your Debtor in Person

Is it time to pay your debtor an in-person visit? 

Two people meeting in an office | Collection agency Muskegon

Visiting your debtor in person has a few more advantages than just getting back the money you are owed. 

The Advantages of an On-Site Visit 

By meeting with your debtor in person, you are giving them a chance to explain their behavior. Giving your debtor the chance to explain their situation shows a level of understanding and respect in the relationship.

Visiting your debtor in person also allows you to assess whether there are valid disputes or other issues that are preventing on-time payment.

Learn more about making an on-site visit!

Debt Collection Agency Serving Muskegon 

As a business owner, you shouldn’t have to chase debts. 

RSD, a debt collection agency serving Muskegon, can help get you the money you’re owed.  Contact us at (248)370-0816 for expert debt collection services. 

Wednesday, March 1, 2023

When to Visit a Delinquent Customer

Have your debt collection calls gone unanswered? 

Two business people meeting | Collection agency Muskegon

Have you tried reaching out to your debtor, only to be ignored? 

Paying your debtor an on-site visit has more advantages than just getting the money you’re owed. 

When to Visit Your Delinquent Customer

Is your debtor regularly behind on payments? Do they continue to promise change, with no action? 

As a creditor, you should visit your debtor shortly after a late or missed payment. Sending letters and making phone calls to the debtor can help, but those methods of communication are easy to ignore. If you’ve attempted to reach out to a debtor with no response, it may be time for an on-site visit. 

Learn more about the advantages of visiting your debtor in person.

Best Practice Guaranteed Working with a Collection Agency Serving Muskegon

Don’t have time to visit a debtor in person?

Working with a collection agency serving Muskegon can save you the time and effort. RSD has 45 years of experience collecting every type of debt imaginable, domestic and international included. 

Contact us at (248)370-8160.

Tuesday, February 14, 2023

RSD Can Help Equipment Leasing Companies

 Your company provides benefits that customers can’t get by purchasing. These include:

  • Save money – The cost of equipment is high and could destroy a customer’s balance sheet. Renting is more manageable and doesn’t require a loan. 
  • Ability to upgrade – Rather than buy items that may become obsolete, your customers can upgrade to the next best equipment when it comes out. 
  • Provide specialty equipment – Customers can find the perfect piece of equipment for their project, whether it be excavators, commercial vehicles, generators, or more!  

Learn more benefits on our website!

An excavator in dirt | debt collection agency Grand Rapids
With all these benefits, you deserve to be paid on time!  

If your customer is dodging your emails and phone calls, it’s time to contact a debt collection agency serving Grand Rapids.

Debt Collection Agency Serving Grand Rapids

RSD can help you get the money you’re owed, as well as additional payment for damaged or missing equipment. 

Certified by the Commercial Law League of America (CLLA), RSD provides reputable collection practices and maximum dollar recovery!

Get the money you deserve! Contact RSD today!

Wednesday, February 1, 2023

Equipment Leasing Debt Collection

Are you an equipment leasing company struggling with debtors?

a smiling construction woman | Debt collection agency Grand Rapids

Equipment leasing is a necessity for many American companies and spans multiple industries such as agriculture, construction, landscaping, trucking, and more. Your company is certainly important, considering equipment rental revenue has been increasing since 2020, and is projected to reach $65.2 billion this year! 

Learn more about equipment leasing debt on our website!

If your customer is dodging your emails and phone calls, it’s time to contact a debt collection agency serving Grand Rapids.

Debt Collection Agency Serving Grand Rapids

RSD can help you get the money you’re owed, as well as additional payment for damaged or missing equipment. 

Worried collection will ruin your relationship with your debtor?

RSD uses a kind approach to collection that is fair but firm, meaning you’ll see results and maintain the relationship!

Get the money you deserve! Contact RSD today!

Friday, January 13, 2023

Is a Write-Off Necessary?

Are debtors dodging your emails and phone calls?

A man looking at a computer | Debt Collector Michigan

You may be considering writing off their debt. Here are a few situations when a write-off may be necessary:

A Debt Collector Can’t Help – When you need payment, reach out to a debt collector in Michigan first! No matter the age of the debt, RSD is willing to help! We can use skip tracing techniques to find your debtor, contact them, and help negotiate until they pay. If they still haven’t paid after our efforts, it may be time to write-off the debt.

The Debtor is Bankrupt – After a company has filed for bankruptcy, they’ll be liquidating their assets to their creditors. If they owe their creditors more than they’re worth, you may end up with nothing or waiting longer than you can afford to receive anything.  

Learn more about write-offs on our website!

Debt Collector in Michigan

Avoid write-offs with the help of a debt collector in Michigan!

Certified by the Commercial Law League of America and endorsed by the International Association of Commercial Collectors, Ross, Stuart & Dawson has the know-how to get you the money you deserve.

Contact RSD today at 888-701-8181 or fill out our contact form to get started!

Monday, January 2, 2023

When to Write-Off Debt

Are you struggling with debtors?

a woman on a laptop | Debt collector Michigan

You may be considering writing off their debt. A write-off occurs when a business removes the charge from a non-paying customer and adds it to their liabilities.

Here are a few situations when a write-off may be necessary:

Your Debtor has Gone out of Business – As a commercial business, you likely bill your clients as their company name. Once this company doesn’t exist anymore, it can be hard to track someone down to receive payment. The chances of collecting from an out-of-business company are low.

The Debt is Too Old – In a past article, we described why the age of the debt matters. After 6 months, the recovery rate of a debt decreases to 52.1%. After 2 years, it has a 9.3% chance of being collected. If the debt is even older, you may want to consider a write-off.

Learn more situations that may require a write-off on our website!

Debt Collector in Michigan

Don’t let your debtor win! Avoid write-offs with the help of a debt collector in Michigan!

Certified by the Commercial Law League of America and endorsed by the International Association of Commercial Collectors, Ross, Stuart & Dawson has the know-how to get you the money you deserve.

Our kind, professional-approach is empathetic yet firm and manufactured for success! Contact RSD today at 888-701-8181 or fill out our contact form to get started!

Wednesday, December 14, 2022

The Importance of Monitoring Your Customers

Are you tentative about onboarding new customers?

People surrounding a computer in an office | Debt collection services Michigan

Are you afraid they may become debtors?

If you’re concerned about a customer’s ability to pay, it’s integral to monitor and set controls for them.

Put new customers on a watch list so you can detect a slowdown in payments. Be ready to turn off credit or pause your services until you receive payment. Setting up an effective billing system can help too. 

Have the customer fill out a credit application, keep track of all purchase orders, send invoices promptly, keep copies of documents, and send a statement of their account if they haven’t paid.

Learn more ways to prevent collection headaches!

Debt Collection Services in Michigan 

When you work with a debt collection service in Michigan you don’t need to worry about conditions affecting your client's payments. 

Contact us or call (248)370-8160 to eliminate the stress of collecting commercial debt!