The Recession, Debt Crisis and Role of Debt Recovery Agencies

By |October 3rd, 2023|Categories: Commercial Collections, Litigation|

The Looming Recession and Debt Crisis in the U.S.: Implications for Small Businesses and the Crucial Role of Debt Recovery Agencies"We’re going to have a debt crisis in this country. How fast it transpires is going to be a function of that supply-demand issue, so I’m watching that very closely," said Billionaire investor Ray Dalio.The writing is on the wall, and the signals are getting stronger. As the U.S. economy inches closer to a possible recession, a growing debt crisis shadows its every move. For the average American, these may be just buzzwords they hear on the news, but for small[...]

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Top 5 Reasons Why B2B Companies Should Submit Debtors to Credit Bureaus

By |August 14th, 2023|Categories: Business Credit Reports, Commercial Collections, Litigation|

As a B2B company, maintaining good cash flow and ensuring the financial stability of your business is crucial. One of the ways you can do this is by submitting debtors to a credit reporting service. By reporting both positive and negative credit experiences, you can not only promote responsible financial behavior but also protect your own interests. In this blog post, we'll explore the importance of having a financial reporting solution in place. Listed are the top five reasons why companies should submit debtors to credit bureaus.Encourage Timely Payments:Submitting debtor information to credit bureaus helps create a culture of accountability[...]

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Information Superiority Advantage in Commercial Debt Recovery

By |July 27th, 2023|Categories: 3rd Party Collections, Asset & Liability Reports, Business Credit Reports, Commercial Collections, Flat Fee Collections, Litigation|

In today's competitive business landscape, every advantage counts. When it comes to extending credit as well as liquidating receivables, information superiority can be the difference between getting paid in full and writing it off as a loss.Bravo Recovery, Inc. is a leading commercial debt recovery agency that understands the importance of information superiority. Our investigative capabilities give us a significant advantage in the collection process, as we can use it to target our collection efforts more effectively and efficiently. We understand that time is money, so we take a proactive approach to liquidating commercial receivables.In addition to our extensive data[...]

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How To Choose The BEST Collection Agency

By |October 27th, 2022|Categories: 1st Party Collections, 3rd Party Collections, Asset & Liability Reports, Business Credit Reports, Commercial Collections, First Party Staffing & Recruiting, Flat Fee Collections, International Collections, Litigation|

Businesses will inevitably encounter unpaid receivables. Businesses can attempt to collect on their own; however, partnering with a collection agency can help improve returns on those debts.As many as there are reputable collection agencies, there are that many bad ones out there. It is important to do some research on the agency. Some key factors to consider are:Does the agency handle commercial collection debt?Can the agency handle both domestic and international commercial debts?Is the agency professional and persistent?How does the agency report progress?Does the agency offer credit reporting?Here, at Bravo Recovery, our staff has more than 100 years of combined[...]

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