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Delinquent bills adding up to a debt-collection boom

Once small business owners provide a product or service — it’s time to mail out the bill. As soon as a bill is past due, the odds of ever collecting on it decrease rapidly. On the due date, there is a 94.9 percent chance of collecting the amount due. By 90 days, it decreases to… Continue Reading Delinquent bills adding up to a debt-collection boom