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In movies and pop culture debt collectors are almost always portrayed as the bad guy. That’s in part because a lot of people have had really bad experiences with personal debt collection, known in the collection industry as “retail debt collection.”...

It’s something most business owners have to face at some time — a client who refuses to pay a bill no matter how much effort you’ve put into collecting it. At this point, you have two choices. You can write off the debt, or you can put the collection...

By Carrie Kolar Being an entrepreneur is difficult. You’re responsible for the success or failure of your business, and one of the most important elements of success is actually getting paid for your work. The best case scenario for any business is...

Short-term, high-interest lender Wonga was one of Britain's most controversial and fastest-growing businesses. The government forced it to write off hundreds of millions of pounds in loans in 2014 and Wonga's CEO and founder left the business. While...

• Companies face increasing difficulty collecting court-awarded assets, as “rogue players” put funds in uncooperative jurisdictions and refuse to pay, according to experts. (Bloomberg News) • Allen & Overy  finance partner Stephen Kensell, who fell...