debt collection values

The Mission of Debt Collection Values

There are certain jobs and industries where cutting corners is acceptable or even considered harmless. The accounts receivable industry, where debt collection values are revered, is not one of them.

“What harm,” one may ask, “is there in not fully complying with state and federal laws, or not documenting business activities such as letters or phone calls?” That type of slack may cut it in some sectors, but not in debt collections.

There are other ways to use and abuse reasonable and customary actions, including the harassment of consumers at their place of employment or contacting them during embargoed hours of the day.

debt collection compliance

Debt Collection Compliance Creates Biz Opportunity

In the dark ages of debt collections, some agencies had to be pulled kicking and screaming from the depths of questionable business practices. Things have changed. The face of the modern agency now reflects a commitment to debt collection compliance with all state and federal regulations. It has taken enormous resources to reach the current level of respectability, but the efforts have paid off in higher recovery rates for clients and greater profits for agencies.

Optio Solutions at SPPM Conference in Las Vegas

Posted by Andrew Donahey on Wed, Feb 08, 2012 Optio Solutions’ Linda Michieli and Christy Davies are exhibiting and speaking at the Society for Pain Practice Management’s Pain Management Billing & Practice Management Course on March 1st-4th, 2012 Las Vegas, Nevada. Linda will hold down the exhibit fort and be our on-site social media maven,…