Blog

You are here:
  1. Home
  2. Category "Blog"
Avoiding Common Debt Collection Pitfalls

Managing debt collection can be a challenging process for businesses, with legal requirements and common mistakes often creating obstacles. In this post, we highlight some of the most frequent debt collection errors—from lack of documentation to failing to verify debts—and provide actionable tips to avoid them. By implementing best practices, you can improve your debt recovery efforts and protect your business from potential risks. Burt and Associates is here to help streamline your collections process with tailored solutions designed to meet your unique needs.

Read article
How to Achieve Timely Financial Close: Tips for Finance Managers

Delays in financial close can be a major headache for finance managers, leading to missed deadlines and increased stress. This guide provides practical tips to streamline your processes, leverage automation, and foster better communication, ensuring a timely financial close and alleviating your biggest frustrations. Discover how to keep your financial operations efficient and your team on track!

Read article
Nailing Debt Collection: A Guide for Business Owners

Table of Contents: Introduction:In today’s fast-paced business environment, effective debt collection is crucial for maintaining healthy cash flow and ensuring the financial stability of your business. However, navigating the complexities of debt collection can be challenging. In this comprehensive guide, we’ll explore practical tips and strategies to help business owners master the art of debt…

Read article
Debt Collection bad account
Business Debt Collection in 2024

In 2024, navigating the complexities of commercial debt collection requires more than just persistence; it demands a strategic approach. With new economic challenges and regulatory landscapes, business owners must adapt to remain effective in their debt recovery efforts. This insightful post explores the latest challenges and strategies in debt collection, offering actionable advice to enhance your financial management and recovery processes. Discover how leveraging technology, understanding regulatory changes, and maintaining customer relationships can transform your approach to debt collection in today's business environment.

Read article
Choosing A Collection Agency
The Power of Promptness

In the world of commercial debt collection, time is undeniably of the essence. Picture this: a business extends credit to another, trusting in the promise of payment down the line. But as days turn into weeks and weeks into months, that promise remains unfulfilled, causing a strain on cash flow and hindering growth opportunities. This is where the art of timely follow-up comes into play, and it's a game-changer for businesses like yours, navigating the intricate landscape of debt recovery.

Read article
Tax Debt Collection
Tax Debt Collection and You

As a taxpayer, you can protect yourself from shady debt collecting practices by being aware of your debt situation. Private tax debt collectors can reach you via letters, emails, phone, or text messages

Read article
Ethics of Debt Collection
Dealing with Debt Collectors

Debt collectors get an incredibly poor reputation, but they are invaluable to both businesses and individuals. While it's important to pay your debts, you can begin

Read article
CFPB's Debt Disclosure Survey - Burt and Associates
CFPB’s Debt Collection Disclosure Survey

Recently, the Consumer Financial Protection Bureau (CFPB) published a survey in which they asked over 8,000 individuals their thoughts on debt collection disclosures. This survey attempted to determine whether consumers understood these disclosures and whether they allowed individuals to make sound financial decisions.

Read article