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Bad debt collections: the rules, the law and you.

Publication: The Dental Assistant
Publication Date: 01-NOV-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
It is never a pleasant task to take action on a patient's bad debt. After all, this patient has potentially been with you a long time, is generally a very nice person, and you trust them! In these challenging economic times, it has never been more important to develop systems regarding bad to...

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...debt and especially know the law. One report I recommend in all my seminars and to all my clients is "The Fair Debt Collection Practices Act." This is an 18-page report that explains the legal requirements you must follow to collect bad debt. Because this is a federal report, it is in your best interest to find out what your state requires. A great website to check out is www.lawdog.com. It gives wonderful, thorough information on what your specific state requires.

Most states follow "The Fair Debt Collection Practices Act." The website...

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