From Theory to Practice : Effective Debt Collection Techniques

What you will learn


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Understanding debt collection laws and regulations

Communication skills: Effective communication techniques for interacting with debtors, including phone calls, letters, and emails.

Negotiation and settlement: Strategies for negotiating payment plans and settlements with debtors.

Debt prioritization: Understanding how to prioritize debts and focus on high-priority accounts.

Documentation and record-keeping: Importance of accurate documentation and record-keeping in debt collection.

Ethics and compliance: Understanding the importance of ethical practices and compliance with regulations in debt collection.

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