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medical debt collection
Debt Collection
The FFCC Team

6 Things to Look For in a Medical Debt Collection Agency in New Jersey

Without medical debt collection agencies, people would be far less inclined to offer loans to people. It is because of the services of debt collection agencies that people know that they can expect to get their money back when they loan to people in need. This is one of the main reasons that the debt collection

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medical bill collection agency
Debt Collection
Bobby Holland

Securing Cash Flow: How to Use a Medical Bill Collection Agency

If you run a medical facility, you likely have several expenses to pay. Like any other business, you have to keep the lights on and the water running. However, you also have more to do. Medical facilities rely on up-to-date equipment to treat patients, in addition to making life easier for their workers. They also

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medical debt collection laws
Debt Collection
The FFCC Team

3 Ways the No Surprises Act Will Change Medical Debt Collection Laws

Did you know that growing healthcare, totaling $140 billion, is the fundamental cause of debt for American families? A substantial chunk of this is due to surprise billing! One-third of insured people report receiving an unexpected additional charge in the past two years.  A lot of people are worried about being able to pay for their medical bills. Even more

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medical collection agencies
Debt Collection
The FFCC Team

3 Benefits of Using Professional Medical Collection Agencies

Did you know that the most common cause of bankruptcy is medical debt rather than poor spending habits? Compared to other countries, the United States spends the most per person on health care. We understand that as a medical healthcare professional, your top responsibility is to provide the best possible care to your patients. If you have

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medical debt
Debt Collection
The FFCC Team

Medical Debt: How it Arises, and How to Recover It

Two-thirds of bankruptcy filings in the United States are the result of high medical bills. If you run a medical practice, collecting medical debt can be a daunting task, especially if there is an existing past due balance.   While there’s no single solution to collecting payments on patient bills, we’ll cover some proven tips on

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Debt Collection Agencies
Uncategorized
The FFCC Team

What are Debt Collection Agencies and What Do They Do?

It’s no secret that the biggest challenge for most businesses is dealing with late payments. Your company may suffer serious cash flow problems due to late payments. It may also be among the 82 percent of businesses that fail due to cash flow issues. Fortunately, you can reduce late payments with help from debt collection

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municipal debt
Debt Collection
The FFCC Team

What Are the Best Municipal Debt Collection Procedures?

In 2019, 60 percent of debt collection revenue came from nonfinancial debts like utilities. Collecting on overdue accounts is critically important for municipalities. Municipal debt can leave your city or county with budgetary problems. You want to recover the money your customers owe you. How can you collect these debts more successfully? Learn more here

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collections agency
Debt Collection
The FFCC Team

What to Do Before Sending Accounts to a Collections Agency

Did you know that the average amount of debt for Gen X is $140,643 and for millennials is $87,448 in 2020?   With debt owing, increased expenses, and a fluctuating job market, repaying debt can be difficult for some people. Unfortunately, you need to get paid to be able to run your business. This is where

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debt collector
Debt Collection
The FFCC Team

10 Questions to Ask When Hiring a Debt Collector

In the perfect world of business, payment gets tendered at the time of the exchange. Since we live in a society where credit is vital to the success of many industries, you may need a debt collector to recoup funds. Debt collection is a process business owners don’t want to deal with. Their employees are there

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