When it comes to trying to recover delinquent accounts from your debtors, the various debt collection laws can, at times, feel like a hindrance. Clearly, your primary goal is persuading as many late-paying customers as possible to pay their debts, thereby keeping your business’ cash flow strong.

Contacting Your Customers – Do you know what measures youre allowed to take when it comes to trying to contact your customers? The Fair Debt Collection Practices Act protects debtors from certain methods of collecting debt.

For instance, there are limitations on the hours during the day in which you can contact debtors. There are also limitations placed on where you’re legally permitted to contact debtors as it concerns their past due debts. Be sure to know and operate within these prescribed legal guidelines.

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