Potential Consequences of Not Notifying Customers in Advance of Debt Collection Proceedings

Article at a Glance: – Communication plays a key role in ensuring the success of a debt collection process. – Lack of open communication with debtors has a significant impact on debt collection proceedings, such as straining relationships, escalation of disputes, financial impacts, and legal consequences. When it comes to handling debts, open communication is… Continue reading Potential Consequences of Not Notifying Customers in Advance of Debt Collection Proceedings