If you’ve got a customer with significant outstanding invoices, and you’ve done all you can as far as calling, sending letters, and trying to arrange personal meetings to arrange a payment solution, your next step may be to involve a debt recovery professional.
There are two options when it comes to hiring debt recovery assistance: a debt collection agency or a lawyer who specializes in debt collection. And there are several factors to consider when choosing the option that will best serve your business.
When to hire a professional
First consider the amount the delinquent customer owes. Hiring a collection professional for a
