How long does a business have before turning the debt over to a collections agency?
The sooner you turn an unpaid debt over to collections, the better the chance of recovery. I would not suggest any debt over 3 years old. If it is a credit reporting agency, the debt will remain on the debtors credit report 7 years from the dilinqent date.
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Can a hospital send your bill that is exactly thirty days old from time of service to a collection agency?
Is a private Outpatient Hemodialysis Facility mandated to bill the patient three times before is sent to a collection agency?
There are limited laws or rules on how any health services business should conduct their billing practices, and such rule that would require them to send out three bills before submitting a debt to collections. Generally things like a bad check or credit card reversal are instantly sent to a collector, and they may attempt to resolve other problems internally first, but not required to.
As an auditor at the CRA, I will answer your question even though you probably hate me. The agency has the right to all your books and records for your business. This includes receipts and invoices claimed as expenses, bank account statements which can include personal ones if there is a connection to business ones (eg. transfer from personal to business), looking at all your business assets and anything that is related to your business…
The best way is to pay on results. Dont agree to any contract, just agree to test them. Feed them a few small accounts and ONLY PAY AFTER YOU GET PAID. That way you'll get an idea of how they perfrom before you give them more business. I"ve used a collection agency at Headsets.com for about ten years and we dont have a contract. They just do a good job, and we pay them.
It is unusual for a creditor to send a bill for collections before 30 days past due. If however this happens, your best bet is to contact the original creditor and notify them that you refuse to deal with the collection agency they have hired, that you are requesting a full reconcilliation of your account and the charges, and upon receipt of this you will again contact them to arrange payment. Additionally, request that the…