Starting a Collection Agency, How to make money collecting money-This
popular award-winning book is now in its Third Edition!
Winner of the New York Book Festival and Writer’s Digest Award
Debt Collectors are a Vital part of the American Economy – and here are the
numbers to prove it. Debt collectors have a bad rap but debt collection is
crucial to an efficient market economy.
Total consumer bad debt costs every adult in the US $683 every year. For the
average non-supervisory worker that’s nearly 54 hours of work (before taxes) a
year. Outstanding credit card debt is nearly three quarters of one trillion
dollars. Total consumer debt, including home mortgages, exceeds $9 trillion.
Starting a Collection Agency, How to make money collecting money by
Michelle A. Dunn – Winner of the New York Book Festival and Writer’s Digest
Award. The only award-winning comprehensive book on how to start and manage a
collection service. Everything from state laws to what kind of equipment you
will need. Its chapters include legal requirements, licenses and regulations,
where to find clients, fair debt collection practices, Fair Credit Reporting
Act, skip tracing, buying debt, bad checks, and software.
With this book you will:
- Be able to start your own business and be your own boss
- Find samples of business and marketing plans
- Find collection letters, flyers & promotional pieces
- Have a checklist of what to do before you open your agency
- Learn how to start your agency from home
- Learn how to work from home with young children around
- Learn how to promote your agency in a professional manner
Starting a
Collection Agency
by Burroughs, John Reviewer's Bookwatch • Nov, 2006
Michelle A. Dunn presents her fifteen years of experience running
a collections agency in distilled form in Starting a Collection Agency, a
no-nonsense, step-by-step guide to getting a collections business off the
ground. Starting a Collection Agency does not waste effort on extraneous
prose; each chapter is only a few pages long, yet each chapter condenses
need-to-know information into key, easily memorized points. From the precise
legal requirements, to recommended sample marketing plans, to a layman's
language breakdown of exactly what the Fair Credit Reporting Act says,
Starting a Collection Agency gives the reader the invaluable basics at a
glance, along with lists of resources easily accessible from libraries or online
for additional reference. Enthusiastically recommended for anyone seriously
interested in starting their own collection agency.
COPYRIGHT 2006 Midwest Book Review Reproduced with
permission of the copyright holder. Further reproduction or distribution is
prohibited without permission. Copyright 2006, Gale Group. All rights reserved.
Gale Group is a Thomson Corporation Company. |
