The Internet has enabled the wisdom of the crowds like never before. B2B Exchange brings that
wisdom straight to you by collecting the comments and questions of other collections agency buyers as they tackle
business purchasing head on. If you’re not sure what to be looking for in your next collections agency service, check out
the most common thoughts, fears and ideas shared by your fellow business purchasers.
“We are a web host and design company and we bill our clients on a monthly basis for their web services. This client did not pay their monthly invoices from Aug-Oct 08 and they will not return our emails or phone calls. We have discontinued our services with them but would like to receive some of our money back. ”
- Accounting/Finance, Computers - Hardware, Kutztown, PA
“Trying to collect from an asset management company in New Jersey that retained us to prepare, manage and market a bank owned property in California. We performed the requested property preservation and maintenance tasks, submitted the bills and have not had a response from the company after repeated calls and email messages. ”
- CEO/President/Owner, Real Estate, Baldwin, NY
“Overdue payments for ongoing animal care. Approx 30%. Balance due around $7000. Animals still in our possesion, so charges continue to mount. Individual moved out of CA to NC. ”
- Accounting/Finance, Health Care, Grand Rapids, MI
“We are a private physician's office, looking to collect on bad debt throughout the 2008 year. Most patients are uninsured, however some have refused to pay their co-pays or meet their deductible. We have already sent out a letter requesting money and informing them that they would be sent to a collection agency. ”
- Administrative Assistant, Health Care, Reseda, CA
“The company from which we want to collect is a large PR firm that borrowed samples from our smaller PR firm. The paperwork indicates that if they are not returned the company will be billed. Emails to follow state that they received product and lost it - we have invoiced numerous times and the company is only ignoring us and refuses to pay. ”
- CEO/President/Owner, Advertising/Marketing/PR, Philadelphia, PA
“We install steel to reinforce concrete. We have contracts with the company we are seeking collections on. It is a total of 5 projects that we are owed for. We have contacted the other company several times about their debt. We have sent them a certified letter about the payments. ”
- CEO/President/Owner, Construction/General Contracting, Minneapolis, MN
“We are an equipment leasing company; and we have a customer that has accepted equipment off our purchase order, but is unwilling to authorize funding to the equipment vendor. And they are refusing to make payments direct to the equipment vendor.”
- CEO/President/Owner, Financial Services, New York, NY
“I am a landlord and I have a tenant who moved out early, and left the apartment dirty. He is refusing to pay the difference of his security deposit and the last months rent. ”
- Partner/Principal, Real Estate, Torrance, CA
“I have a home care company where one son was in charge of his mothers check book but fell behind on the bills. The mother is the one who signed the contract but has dementia and no money. Another son has now taken over bill paying and tells me I am not going to get a dime of the $1600.00 owed to me. ”
- CEO/President/Owner, Health Care, New Smyrna Beach, FL
“I won a judgment in small claims court against a man and woman that owe me over $4500 in back rent. Although the judge ordered the couple to pay me, I still can't collect from the deadbeats. ”
- CEO/President/Owner, Real Estate, Manning, SC
“I have about 150 business accounts that owe my company about $180,000. Account balance range from $200 to $7000. All US companies, mostly golf clubs. ”
- CEO/President/Owner, Transportation/Logistics, Golden, CO
“My business is a beverage manufacturing company. We sell to distributors who then resell our products. One of our distributors owes us $23,510.20, overdue by several months. Over the past months we have been served lie after lie to the point where I am willing to give up a percentage of the total to have it collected. ”
- CFO, Manufacturing, Glendale, CA
“This is a dental office we have old debts and new ones. Some are over a year or two old and some are within a year. We usually send patients to collection after there debt is over 120 days old with no payments. We are currently using a debt agency and i'm not happy with them.”
- Office Manager, Health Care, Jackson, GA
“Ware a privately owned pharmacy that services long term care nursing homes and home health care facilities. We are trying to keep our year end write off to a minimum. We are trying to establish colletion procedures, starting with phone calls and letters, and the final step would be to forward to a collection agency with results. ”
- Partner/Principal, Health Care, West Hartford, CT
“We are a storage company. This would be collecting on customers that have: 1) moved out and left an outstanding balance or 2) their items were disposed of due to non-payment but still owe past due rent & fees. We try collecting on these accounts for 30 days after they move out and then send them to a collection agency. ”
- CEO/President/Owner, Retail, Sunset Beach, CA
“I provided translation services to an immigration attorney and billed the service 2 months ago and still haven't received payment.”
- CEO/President/Owner, Retail, Greensboro, MD
“We are a uniform/linen rental/sales company. The accounts you will have are usually "quit" customers - some have gone out of business, some just can't afford to continue our service, some have switched to a competitor. ”
- Partner/Principal, Retail, Austin, TX
