Asset and Liability Report: What is it, and Why Does it Matter in Debt Collection? Asset and Liability Report: Anyone facing debt knows the sinking feeling that comes with looming financial obligations. However, as a debt collection company, understanding a debtor's financial position is crucial for strategizing ...

Unlock Hidden Capital: Strategies to Recover Outstanding Debts Unlock Hidden Capital: Uncollected debts represent a significant financial burden for businesses across industries. These outstanding balances tie up working capital, hinder growth, and create uncertainty. At The Baker Group, we understand this challenge and we are here to ...

Hidden Costs of DIY Debt Collection Hidden Costs of DIY Debt Collection: As a business owner, overdue invoices and unpaid debts can be an enormous stressor. When customers or clients fail to meet their obligations, it can seriously impact your cash flow, hindering operations and growth. Many ...

Bad Debt vs. Slow Payers: Strategies for Effective Debt Collection Bad Debt vs. Slow Payers: Late payments and uncollectable debts are a reality for businesses of all sizes. Understanding the difference between slow payers and truly bad debt is key to effective recovery strategies. This blog post ...