Debt Collections Industry News & Information

20 Red Flags for Collection Problems

As a business owner, being able to identify red flags for potential collection problems is paramount to the short-term and long-term success of your organization. While some businesses have one-time issues paying for services or products that they received, others consistently struggle until they go out of business. The Commercial

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Denim and Diamonds

Fundraising for Mental Health: 2019 Denim & Diamonds

Alacrity Collections Corporation started supporting the Anne Arundel Medical Center Foundation years ago and we are doing it again in 2019!  ACC is delighted to be one of this year’s Diamond Sponsors of Denim & Diamonds for the 4th time in a row. This signature event will raise funds for expanding

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The Facts on Medical Debt in America

What is the number one reason why Americans file for bankruptcy? While some would be tempted to answer consumer debt or mortgages that were too big, the answer is medical debt. Medical debt in America is a serious problem for individuals and families. According to the Kaiser Family Foundation, over

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Should You Make a Deal on an Outstanding Invoice?

When you are working in B2B collections, there are numerous strategies for getting what you are owed. Check these previous posts for 3 Tips for Improving Your Accounts Receivable Process and 4 Tips for Making Difficult Phone Calls.   Once an outstanding invoice has remained for a while, you need

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Determining When to Promote in Healthcare Finance and Billing

While some shining employees make the decision of when to promote in healthcare finance and billing departments easy, other factors like revenue, budget and employee tenure can complicate things. Managers should never create a work environment where promotions are considered routine and warranted simply by showing up on time. Instead,

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Best Practices for B2B Collections with Alacrity

Best Practices for B2B Collections

Business to business collections, or B2B collections, can be a long and frustrating process if you aren’t sure what you’re doing. From maintaining a positive customer relationship to collecting as much as possible under difficult financial circumstances, B2B collections is best undertaken by a professional. Preserve Your Business Relationship Unlike

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Collecting from Consumers Versus Businesses with Alacrity Collections Corporation

Collecting from Consumers Versus Businesses

While collecting from consumers versus businesses has similarities, there are many legal and practical differences between the two. If you are a business in need of a skilled collection agency, you need to fully understand the skillsets required by consumer collection and commercial collection agencies. Collecting from Individuals Some collection

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Social Media at Alacrity Collections Corporation

How Social Media Can Affect Your Collections Department

What Information Can Be Found on Social Media? The better question might be “what information can’t be found on social media?” Many debtors, whether an individual or a business, regularly post on social platforms and disclose information about themselves, their schedules and their potential income. A simple search on Google

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End of Year Financial Tasks with Alacrity Collections Corporation

4 End of Year Financial Tasks for Your Business

Where did the year go? 2018 zipped by in the blink of an eye, and many business owners are now sitting down to knock out end of year financial tasks while juggling holiday shopping and family gatherings. What end of year financial tasks should be on the top of your

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“...I also want to say thank you to the Alacrity team for being patient with me in handling this account and letting me pay it off with monthly payments. I greatly appreciate that and the professionalism of the staff. Most of the time collection specialists are rude and judgmental. They see that a person has been sent to collections and automatically think they are deadbeats or people who do not want to pay their bills. It won't be long before my debt is paid off and I will be out of your system! Yaaaayyyy!!! Thanks again!”
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Consumer Collections

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