Should I Send One More Letter?

©2000 Michelle Dunn

You're mad, you want to place an account for collection. You call a collection agency and find out the fee and what to do. Then you say, "Should I send one more letter? Maybe telling the debtor that if they don't pay I will place them for collection?"

Of course you can; you can do anything you want. But how many letters have you already sent? Have you threatened anything before and then not followed through? Will the debtor believe that you will really place them with collection? Also, how old is the debt? Maybe you didn't send any letters or never called, and the invoice is 120 days old. Do you think the debtor will take you seriously?

If you are asking this question, the answer is probably no. Place this account for collection and re-evaluate how you handle your receivables.

Michelle Dunn started and successfully ran M.A.D. Collection Agency for 8 years, and has received wide press with articles appearing in Ladies Home Journal, PC World, and many other magazines and newspapers. Michelle owns and operates www.Credit-and-Collections.com (an online professional collections community for networking and discussions) and Never Dunn Publishing, LLC.

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