How to Choose a Commercial Debt Collection Agency?

Answer Commercial debt is debt owed or due by a business. If your company has debtors, it can be beneficial to you if the debt collection is handled by a professional rather than yourself. Instead of focu... Read More »

Top Q&A For: How to Choose a Commercial Debt Collection Agency

How to Report a Bad Debt to a Collection Agency?

According to, most collection agencies are members of the three major credit-reporting companies or bureaus, Experian, Equifax and TransUnion. As members, they can report bad debt ... Read More »

How long can a collection agency try to collect a debt?

On One Hand: Until You PayA collection agency can try to collect the debt until you pay it, even if it is no longer on your credit report. Most delinquent credit accounts are removed from your cred... Read More »

Customary Business Practices for Turning a Debt Over to a Collection Agency?

Major creditors, such as hospitals, banks and credit card companies, juggle a multitude of responsibilities. Because most creditors are for-profit companies, its imperative that they manage consume... Read More »

Can a collection agency file a judgment on you for credit card debt?

A collection agency can and will sue you in civil court over credit card debt. If the collection agency wins, they will receive a judgment. Depending on the terms of the judgment, the agency can th... Read More »