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RECOVERY

A company must establish a specific policy for management of their accounts receivable from day one through the time that the account becomes delinquent. It is imperative to have an action plan.

The older an account becomes, the lower your chances of recovery. It is critical to take proactive actions once an account receivable ages sixty to ninety days past its due date.



 

 

 

 

 

 

 

 

 

 

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Copyright © 2005 Universal Partners Inc. A Colorado Collection agency
Last modified: June 28, 2005
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