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Chad Shuford

Chad Shuford is CEO of CollBox, a debt collection solution provider for users of cloud accounting software. Chad is also a Principal at Shuford Ventures, a venture fund focused on the debt collection industry.

March 22, 2017 

Third Party Debt Collection: The Basics

The general rule is that you should only hire a collection agency when a debtor is ignoring the debt. When this is the case, don’t hesitate to hire a collector because the probability of collections decrease 12% each month an invoice remains outstanding.

Chad Shuford

Contributors

Amy Vetter

Amy Vetter

CPA, CITP, CGMA

Becky Livingston

Becky Livingston

Accounting & AI Marketing Consultant

Brian Tankersley

Brian Tankersley

CPA, CITP, CGMA

Garrett Wagner

Garrett Wagner

CPA, CITP, CEO and Founder of C3 Evolution Group

Jim Boomer (WB)

Jim Boomer

CPA, CITP, CEO

Ken Berry, JD

Ken Berry, JD

CPA Practice Advisor Tax Correspondent

Kristy Short, Ed.D.

Kristy Short, Ed.D.

Accounting Content Specialist

Mary Girsch-Bock

Mary Girsch-Bock

Contributing Writer

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Roman Kepczyk

CPA, CITP, CGMA

Steve Saah

Steve Saah

Executive Director, Robert Half