Collection Agencies Riding Out the Storm
The Record, Bergen County, NJ › November 09, 2008
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Summary
You won't find many bill collectors twiddling their thumbs these days.
But while collection workloads expand as the economy declines, a longer account list hardly spells a profit windfall, agency owners say.See the full content of this document
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Collection Agencies Riding Out the Storm
"When times get bad, account placements generally go up, but recoveries go down," said Howard Seares, managing general partner at Twenty-First Century Associates in Hackensack. "It might be counterintuitive, but the best times for a...
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