Are Debt Collection Fees Deductible and How To Make The Debtor Liable

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We are often asked the question about whether debt collection fees are deductible and whether the debtor can be legally bound and accountable for any fees that occur. You’ll be happy to know that the simple answer is ‘YES’ but in order for it to be so you, the business, must have clear terms of […]

5 Debt Collection Tips to Recover Outstanding Debt Quickly

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Overdue account problems are more unlikely to occur if a business conditions its customers from the outset. If you do not enforce your credit terms, you are asking them to be ignored, or worse you may even been operating on your debtors terms. More than 80% of small business owners’ have experienced cash flow problems […]