When to hire a Collection agency?

Answer 1

There is some basic signs for a business to hire a Collection Agency.

Sign #1

The customer (or business) you are trying to collect from ended communication with you. If a client is no longer answer their phone, answer voice messages, or acknowledging their debt in any case, most probably start to get used to the idea that debtor won't pay, and it is time have an agency (or often times called, third party collection agency) to apply a greater pressure

Sign #2. You are beginning to lose sleep over the cash flow that you're missing out on, and your focus is being spread too thin. When your effectiveness at running your business begins to suffer because of collections, you know it's time to hire an agency for assistance. Your focus belongs on making sales & taking care of your paying customers… not on chasing down problem clients.