Don’t Write Off Debts You Believe are too Small to Chase

Many clients simply write off debts that they believe to be too small to chase, but over time these amounts do mount up and it can often be quite a shock at the end of the year when the write off is reviewed at the time the yearly accounts are completed for the business.

By writing these debts off you are often sending a message to your customers that any amount under $100 for instance, is not pursued by the business, leaving it open for this policy to be exploited by the unscrupulous.

These debts should at least be listed in the debt database to warn others, so do send these in for collection. Often a letter or contact from our staff at DebtForce can have the offending party reconsider the seriousness of non-payment. It is better to have 75% of something than 100% of nothing and after all we do the work for you.

You don’t have to use the labels if you do not wish to, but you can just use the service, and these labels have been reduced in price to $5.00 per 27 labels.

Any DebtForce client can sign up to the Label & Letter service and it is simply a matter of using the label & letter debt instruction form. By using this service you do not pay a minimum fee for each debt sent in, so there is a saving of the $45.00 closed file fee that applies in the Debt Action service. You do pay a higher commission if payment is achieved but there is absolutely no cost unless we are successful.

The Label and Letter application form can be found on our website.