[vc_row full_width=”stretch_row” row_style=”arrow-bottom” css=”.vc_custom_1547207190567{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 45px !important;padding-bottom: 20px !important;background-image: url(https://hfholdingsinc.com/wp-content/uploads/2019/01/select-a-state-debt-collection-state-laws.jpg?id=946) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}” el_id=”services” row_style_background_bottom=”#f2f2f2″][vc_column][leadinjection_heading align=”center” heading_text=”Service Area” heading_text_color=”#ffffff” secondary_text=”Select a state below to view your states collection laws and statutes.” secondary_text_color=”#ffffff” css=”.vc_custom_1547228581604{padding-bottom: 52px !important;}”][/vc_column][vc_column width=”1/3″][/vc_column][vc_column width=”1/3″][/vc_column][vc_column width=”1/3″][/vc_column][/vc_row][vc_row full_width=”stretch_row” css=”.vc_custom_1546938313301{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 45px !important;padding-bottom: 20px !important;background-color: #f2f2f2 !important;}”][vc_column width=”1/3″][leadinjection_textblock]

• Alabama
• Alaska
• Arizona
• Arkansas
• California
• Colorado
• Connecticut
• Delaware
• Florida
• Georgia
• Hawaii
• Idaho
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky

[/leadinjection_textblock][/vc_column][vc_column width=”1/3″][leadinjection_textblock]

• Louisiana
• Maine
• Maryland
• Massachusetts
• Michigan
• Minnesota
• Mississippi
• Missouri
• Montana
• Nebraska
• Nevada
• New Hampshire
• New Jersey
• New Mexico
• New York
• North Carolina
• North Dakota

[/leadinjection_textblock][/vc_column][vc_column width=”1/3″][leadinjection_textblock]

• Ohio
• Oklahoma
• Oregon
• Pennsylvania
• Rhode Island
• South Carolina
• South Dakota
• Tennessee
• Texas
• Utah
• Vermont
• Virginia
• Washington
• West Virginia
• Wisconsin
• Wyoming

[/leadinjection_textblock][/vc_column][/vc_row][vc_row full_width=”stretch_row” css=”.vc_custom_1546938313301{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 45px !important;padding-bottom: 20px !important;background-color: #f2f2f2 !important;}”][vc_column][leadinjection_textblock]

[ls_content_block slug=”our-services”]

[/leadinjection_textblock][/vc_column][/vc_row][vc_row full_width=”stretch_row” disable_element=”yes” row_style=”arrow-bottom” css=”.vc_custom_1546962564974{margin-bottom: 0px !important;padding-bottom: 95px !important;background-color: #f2f2f2 !important;}” row_style_background_bottom=”#ffffff”][vc_column][vc_custom_heading text=”Learn More About Commercial Collections” font_container=”tag:h1|text_align:center|color:%23253c58″ use_theme_fonts=”yes” css=”.vc_custom_1546958643623{margin-top: 60px !important;padding-bottom: 50px !important;}”][leadinjection_tabs tab_style=”li-tabs-vertical” tab_active_background_color=”#ffffff” tab_border_color=”#8e8e8d”][leadinjection_tabs_item active=”active” title=”Hiring a Commercial Collection Agency Can Save You Time and Money”]

Hiring a Commercial Collection Agency Can Save You Time and Money

 

Every business struggles to deal with customers who do not pay their bills. Whether you contact them and they provide excuses, or you simply are unable to reach them, these customers leave your books unbalanced and cut into your profit margins. Hiring a commercial collections agency can help you recoup these lost funds. A collection agency is much like a detective agency, except it focuses only on recovering unpaid debts. An agency can search public records for information about a debtor as experienced collection agency representatives know what information to look for, where to find it and how to best utilize it. An agency stays in business by making sure that unpaid debts get resolved.

Trying to locate a debtor takes time and skill. You must wait until the person fills out forms, files for taxes or registers for new utilities. You must take the time to search databases and records to find this person. Often, it is necessary to contact friends and family of the debtor to piece together the most up-to-date information. It is, of course, possible for you as a business owner to search yourself or ask a staff member to search, but it is so much more efficient to hire a collections agency.

A commercial collections agency has experienced representatives working there. Moreover, the agency will have a complete training program for new agents so that even a freshly hired employee at a will have more resources at their disposal than the average person or business owner. Specific laws govern how you can track down unpaid debts. Violating these laws may even enable a debtor to take you to small claims court and win hundreds or thousands of dollars. Collection agencies know the details of these laws and how to avoid breaking them. You can save your business a substantial amount of time and money by using a commercial collections agency.

To get started today, call our toll free 1-877-680-6064 to speak with an associate or fill out the form above and we will contact you within 24 hours.

[/leadinjection_tabs_item][leadinjection_tabs_item title=”Finding a Good Debt Collection Agency or Debt Collectors”]

Finding a Good Debt Collection Agency or Debt Collectors

 

No one enjoys dealing with clients who are behind on their payments. However, it is the nature of any business that entails subscriptions, billings or issuing credit that a time will come when one has to address collections on an account that is in arrears. As a simple matter of fact, it is be a far more wise
to avoid trying to collect on delinquent accounts yourself. Rather, hire a debt collection service that is capable of handling such tasks on your behalf.

Of course, in order to hire the service, you will first need to find a reputable firm and then make the
appropriate hiring determination. The decision making process need not be difficult as long as you follow
a few basic guidelines.

A simple internet search will provide several different debt collectors offering their services, so
finding “any” debt collector is not the problem. However, you want find the right collection agency and
this begins by determining how long the agency or its collections representatives have been in business.
Experience counts for a great deal in the collections industry. Those that have many years of experience
are successful as highlighted in the length of time the agency has been conducting business.

You should select the right size debt collection agency for your needs. Do you wish to work with a large
agency or a mid-sized one that can provide you with more personal attention? There is no right or wrong
answer, but rather, it is a matter of what works best for your company’s needs.

It is certainly a huge help to contact the debt collection agency and ascertain all the services that they
offer. It would be fairly difficult to make an appropriate selection unless you knew exactly what specific
debt collection remedies the agency is able to offer you.

Most will agree that a quality debt collection agency is one that charges fair fees for its service. Examine
how the rates compare to other debt collection agencies relative to the actual services provided. This
way, you are able to more accurately decide which agency is best for you.

Call HF Holdings, Inc. today to determine if we are the right collection agency for your business’s debt
recovery needs.

To get started today, call our toll free 1-877-680-6064 to speak with an associate or fill out the form above and we will contact you within 24 hours.

 

[/leadinjection_tabs_item][leadinjection_tabs_item title=”Collection Agencies – What Are They and How Do They Work?”]

Collection Agencies – What Are They and How Do They Work?

 

A collection agency is a company that is hired by a business who is unable to recover debts on the delinquent accounts in their portfolio. Some collection agencies buy the lenders debts outright and attempt to recover the money owed. Other collection agencies charge a percentage of the debt owed to the lender if they successfully recover it. Collection agencies use methods that are intended to convince or coerce the debtor to meet their financial obligations. When a debt is turned over to a collection agency, the debtor now deals with the collection agency directly. All money paid on the debt from the debtor must be sent to the collection agency since the original holder of the debt has turned it over to a collection agency.

Some tactics that collection agencies use include reporting the debtor to credit rating agencies, which has an adverse effect on any further credit being extended to the debtor in the future. A collection agency has no other motive than to recover the debt that you are owed. They also use methods such as phone contact, mailing, and investigating the debtor’s assets to see how they can best recover the debt. Methods like finding the place of employment of the debtor and putting a hold on their pay check can also be used. The methods that a collection agency uses depend on the debtor and the type of debt.

Some collection agencies use practices that might embarrass a debtor into meeting their financial obligation. As a collection agency, they have certain courses of action that might not be available to the original holder of the debt. There also remains legal recourse that a collection agency can pursue such as, issuing a court appearance in front of a judge. These successful debt recovery methods are just some of the services provided by HF Holdings, Inc.

To get started today, call our toll free 1-877-680-6064 to speak with an associate or fill out the form above and we will contact you within 24 hours.

[/leadinjection_tabs_item][leadinjection_tabs_item title=”3 Key Reasons Accountants Should Outsource Their Delinquent Accounts”]

3 Key Reasons Accountants Should Outsource Their Delinquent Accounts

 

Businesses are now facing an increasing number of clients requesting credit in order to purchase products and services. What makes these requests especially challenging is the economic slowdown that we are experiencing not only here in the United States, but across much of the industrialized world.
The accountant for these companies face a dilemma: Should they try to collect from these debtors on their own or engage the services of a professional debt collection agency? Unless the accountant is an expert on collections, it is in their client’s best interest to reach out to a collection agency as soon as possible.

Timing is very important when dealing with a delinquent account as every day that passes, makes collecting on this debt more difficult. Once a debt collection agency has been hired to follow up with the debtor, they will issue a formal demand letter. These agencies are experienced and understand the legal options of what can and cannot be done. The sooner action is taken the more likely the debt will be paid in full.

Something many people do not realize is how expensive servicing these delinquent accounts can be. The business that provided the credit must sell more products and services to offset the losses they have incurred which can be difficult especially in a bad economy. This is why it is extremely important to recoup as much of the outstanding debt as possible.

The majority of professional collection agencies work on a contingency basis which means they only receive compensation when the debtor makes a payment. Most agencies charge a percentage of the money received which can be negotiated before any debt recovery attempts begin.

An important consideration when looking for a debt recovery company is their reputation. The clients who have not paid their debts may one day choose buy from your company again. However, if the collection agency used does not behave in a professional manner it could have an impact on the reputation of the company that hired them and may subsequently fragment your clientele base.

When searching for a debt collection agency, ask them for testimonials from clients they have assisted in the past. By speaking with these former clients, an accountant will be able to make a well informed decision. If a collection agency is not able to provide testimonials they may not be the best choice. Since an accountant’s time is very precious they can focus it on ensuring their company is managed properly while the professional collectors can help recover as much money from the outstanding debts as possible.

To get started today, call our toll free 1-877-680-6064 to speak with an associate or fill out the form above and we will contact you within 24 hours.

[/leadinjection_tabs_item][leadinjection_tabs_item title=”Outsourcing Your Debt Collection Functions”]

Outsourcing Your Debt Collection Functions

 

Running a business in an organized and efficient manner requires you to have the appropriate amount of staff to perform all of the functions required. Though every business is different in one way or another, some companies share specific processes that are required for operation. If you are in a business that loans money or provides work in advance and thus carry accounts receivables as you await payment, you likely need to enlist the services of a debt collection agency. Rather than task your in-house staff (who are most often ill-equipped and untrained) with debt recovery, you can save time and money by simply outsourcing your debt collection efforts to an agency like HF Holdings, Inc. that specializes in commercial accounts.

By choosing to use a debt collection agency to handle your accounts receivable and delinquent accounts, you will free up the time of your staff you may have asked to work on such tasks. This will translate into a more efficient accounting department, as lingering debt is the role and responsibility of your accounting division. A debt collection agency is not only a more cost effective option, it will also yield better results when compared to using your own staff to try and collect a debt. Once you have a customer who has refused to pay an invoice on time or is being uncooperative, you need the skills of trained professionals that are adept at collecting on delinquent accounts. Typically, your own in-house staff will not be experienced at debt collection, and thus will not be as successful which may in turn have a negative effect on team morale resulting from feelings of failure or inadequacy.

To save you and your staff the trouble and to ensure the delinquent accounts in your portfolio are reconciled, you need to use the services of the trained and experienced professionals at HF Holdings, Incl. Once you have performed a service or provided a product, your customers are required to pay you for your time and items. In the event a customer does not pay, you need to consider debt collection in order to receive what is rightfully owed to you. Though you can attempt to do so on your own, the more judicious method is to use a debt collection agency who deals exclusively with these issues.

To get started today, call our toll free 1-877-680-6064 to speak with an associate or fill out the form above and we will contact you within 24 hours.

[/leadinjection_tabs_item][leadinjection_tabs_item title=”Benefits of Using a Commercial Debt Recovery Agencies”]

Benefits of Using a Commercial Debt Recovery Agencies

 

Debt recovery agencies provide their clients with a variety of benefits because these agencies are created exclusively to collect debts in an extremely efficient and effective manner. One of the primary benefits that using a debt recovery agency provides is a highly trained and experienced staff that has the ability to have a positive effect on the probability of a debt being successfully recovered in full. The on-the-job training in debt collections is one of the greatest assets that employees of debt recovery agencies have, because it is precisely the hands-on experience which gives our employees a comprehensive, working knowledge of what is required in order to effectively recover debts. In addition, these individuals also acquire a great degree of experience in debt collections, which is vital if one is to successfully recover debts emanating from delinquent accounts.

Another major benefit of using a commercial debt recovery agency is that the client will be relieved of the stress and hassle of trying to collect on debts, which can consume a great deal of their time. Employing a debt recovery agency enables for the client to increase the probability of collecting on the debt exponentially, without having to actively engage in the time-consuming recovery process themselves. In addition, commercial debt recovery agencies have a great deal more experience and expertise in the science of debt collections, which will be very helpful to the client is well.

Debt recovery agencies have the technology that is needed to conduct debt recovery activities in a highly effective manner, and this includes automated systems that dial the individual’s numbers at synchronized increments during the day. This is highly beneficial because it greatly increases the chances of contacting the individual, which invariably increases the statistical probability of making some form of collections. When one considers the aforementioned facts, it is extremely advisable that individuals use debt recovery agencies whenever possible.

To get started today, call our toll free 1-877-680-6064 to speak with an associate or fill out the form above and we will contact you within 24 hours.

[/leadinjection_tabs_item][leadinjection_tabs_item title=”Your Guide To Hiring A High Performance Debt Recovery Service”]

Your Guide To Hiring A High Performance Debt Recovery Service

 

When any business makes the wise choice to hire a debt collection agency, there are some considerations it should keep in mind to ensure that it hires a high quality debt collector that is able to recover a high percentage of debts for any business.

First off, a business should seek to get references from similar establishments in their area that have used debt recovery services. Many businesses in a community use the same collection agency and are more than willing to share this information with other businesses. Business owners realize just how important it is to hire a debt collector that is effective, but at the same time, treats customers with the respect that they deserve.

After getting references from other businesses in the community, a business may wish to interview a collection agency to ascertain they’re degree of success. It is always a good idea to ask a debt collector for its performance figures and any references it may have. If a debt collector refuses to provide any references, this may signal that the company performs poorly or has a bad name in the community and should cause you to reconsider employing their services.

It is also prudent for any business to research online reviews of a debt collection company. There are many websites dedicated to posting reviews of such companies as a way to warn businesses about poorly performing debt collectors or to highlight which agencies have a solid reputation.

One very important consideration is that the debt recovery agency is licensed to practice your particular state. Many states have very strict regulations about which types of debt collectors may operate and the types of licensing they must have to do so. Without the proper license, a debt collection agency may actually be acting in an illegal manner. It is extremely important that a business ensures that a collection agency is licensed to practice and abides by all of the laws in a given state. Without the appropriate license, a business may have to face severe sanctions which could ultimately cause the business to shut down or go into bankruptcy.

To get started today, call our toll free 1-877-680-6064 to speak with an associate or fill out the form above and we will contact you within 24 hours.

[/leadinjection_tabs_item][leadinjection_tabs_item title=”Collection Agency Fees an Investment in Bottom Line”]

Collection Agency Fees an Investment in Bottom Line

 

In a tough economy, many small businesses are struggling to make ends meet. With all the hard work small businesses put into making their business grow, sometimes they are unsure as to why their annual profits are not as high as projected. One major reason small businesses miss out on revenue in any given year, is a result of delinquent accounts. All too often, small businesses fail to hold customers responsible for paying up on their accounts and paying for services or products rendered by their business. A national collection agency is truly necessary in such cases, in order to compensate a small business for monies that they are owed.

HF Holdings, Inc. helps businesses recover its losses from past-due accounts. Sometimes, a business can be put in an awkward position of having to recover debts from customers that have used their services for years. By hiring a national collection agency, a business does not have to directly confront their customers. Instead, this purely business transaction can be executed by a debt collector which enables the small business owner to maintain a close working relationship with the delinquent customer without having anyone’s feelings involved. Indeed, one of the many services provided by HF Holdings, Inc. is to professionally recover debts owed to you, but to also maintain the clientele base that you have worked so hard to build.

Customers are much more likely to stay with a business, if that business uses a national collection agency. If a business owner or employee tries to work with a customer directly, then that customer may become easily offended and not wish to use a business’s services or products anymore. With the aid of a professional debt collector, a person can recover past payments for a business without making customers feel inadequate.

In addition, a debt collector is able to recover past-due accounts in a more time efficient manner than a business can. A debt collector is skilled at recovering past-due accounts and knows exactly how to approach customers for funds. This allows a business to focus on offering its services at its greatest potential to customers, rather than focusing on trying to recover debts from them. A business should always feel that its finances are taken care of as a debt collection agency will be able to watch you’re your accounts rather than force a business to spend precious time monitoring them.

Overall, a collection agency is great way to help your small business succeed. By allowing a small business to maintain solid relationships with their customers and recover delinquent funds, a collection agency helps a business stay profitable.

To get started today, call our toll free 1-877-680-6064 to speak with an associate or fill out the form above and we will contact you within 24 hours.

[/leadinjection_tabs_item][leadinjection_tabs_item title=”Why Your Small Business Needs A Relationship With A National Collection Agency”]

Why Your Small Business Needs A Relationship With A National Collection Agency

 

In a tough economy, many small businesses are struggling to make ends meet. With all the hard work small businesses put into a beginning empire, sometimes they wonder how they lack profits in a year. One major reason small businesses lack profits in any given year, is due to past-due accounts. All too often, small businesses fail to hold customers responsible for paying up on their accounts and paying for services or products rendered by a business. A national collection agency is truly necessary in such a case, in order to compensate a small business for the rightful profits it deserves for its products and services.

a debt collector helps a business recover its losses from past-due accounts. Sometimes, a business can be put in an awkward position in having to deal with customers that have used a business’s services for years. By hiring a national collection agency, a business does not have to directly confront customers. Instead, this purely transactional act can be executed by a debt collector. No feelings have to be hurt in the process of recovering for past-due accounts, when a business hires a collection agency.

Customers are much more likely to stay with a business, if that business uses a national collection agency. If a business owner or employee tries to work with a customer directly, then that customer may become easily offended and not wish to use a business’s services or products anymore. With the aid of a debt collector, a person can recover past payments for a business without making customers feel inadequate.

In addition, a debt collector is able to recover for past-due accounts in a much more timely manner than a business probably can. A debt collector is skilled at recovering past-due accounts and knows exactly how to approach customers for funds. This allows a business to focus on offering its services at its greatest potential to customers, rather than focusing on trying to recover debts from them. A business should always feel that its finances are taken care of, rather than having to devote precious business time to getting them in order. A debt collector will be able to watch over accounts in a business rather than force a business to spend precious time monitoring accounts.

Overall, a collection agency is a great aid in helping a small business to succeed. By allowing a small business to maintain great relationships with customers, a collection agency helps a business stay profitable.

To get started today, call our toll free 1-877-680-6064 to speak with an associate or fill out the form above and we will contact you within 24 hours.

[/leadinjection_tabs_item][leadinjection_tabs_item title=”Why A Collection Agency Is Your Small Business’s Best Friend”]

Why A Collection Agency Is Your Small Business’s Best Friend

 

Starting and running a successful small business requires a significant amount of time and effort. We understand how having customers who do not pay defeats the purpose and undermines all of your efforts.

It is common for small business owners to feel that they cannot afford the services of a debt collection agency, but that could not be further from the truth. In fact, most small businesses cannot afford not to use a debt collection agency. Below are the reasons why HF Holdings, Inc. is the best friend that your company could ever have.

Debt collection agencies take all of the guess work out of the collection process.
We understand that you are a busy professional. You do not have time to research and determine which methods of collection are most productive and successful. Any time spent doing this would be time taken away from building your business. We have developed and perfected collection methods that are proven to be highly successful in achieving a high rate of return.

You can rest assured that all of our methods are legal.
Although the money may be legally owed to you, attempting to collect a debt in an illegal manner can expose you to legal trouble and effectively erasing any hopes of debt recovery. Compliance to the law is an absolute necessity. Collection agencies well versed in all of the consumer credit laws, as well as the state and federal laws that regulate debt collection tactics. You can rest assured that all actions taken on your behalf are being handled by professionals who behave legally and ethically.

We take immediate action.
Most small business owners are too busy running their businesses to begin immediate collection activities. We understand this and more importantly realize that when trying to recover money owed to your business, time is of the essence. The older the unpaid account is, the less chance you have of collecting that debt. You do not want to take time out of your busy schedule contacting your customers to collect payment, but it is important that action be taken immediately to ensure that you are paid. Collection agencies are there to start the process so that you do not have to fret about it.

No business could ask for a better friend than one who takes care of all of your debt recovery needs while allowing you to do the things that make your company a success.

To get started today, call our toll free 1-877-680-6064 to speak with an associate or fill out the form above and we will contact you within 24 hours.

[/leadinjection_tabs_item][/leadinjection_tabs][/vc_column][/vc_row][vc_row full_width=”stretch_row” row_style=”arrow-bottom” css=”.vc_custom_1546954896403{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 45px !important;padding-bottom: 60px !important;}” row_style_background_bottom=”#253c58″][vc_column][leadinjection_textblock][ls_content_block id=”450″][/leadinjection_textblock][/vc_column][/vc_row][vc_row 0=”” full_width=”stretch_row” equal_height=”yes” content_placement=”middle” css_animation=”none” content_align=”text-center” row_style=”arrow-bottom” animation=”none” css=”.vc_custom_1546952070936{margin-bottom: 0px !important;padding-top: 30px !important;padding-bottom: 30px !important;background-color: #253c58 !important;}” row_style_background_bottom=”#ffffff”][vc_column 0=””][leadinjection_textblock][ls_content_block id=”374″][/leadinjection_textblock][/vc_column][/vc_row][vc_row 0=”” css_animation=”flipInY” animation=”swing” css=”.vc_custom_1546938372146{margin-top: 70px !important;margin-bottom: 90px !important;}”][vc_column 0=””][leadinjection_textblock]

[ls_content_block slug=”testimonials-block”]

[/leadinjection_textblock][/vc_column][/vc_row]