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Do you really need a Collection Agency: Collection Agency, Friend or Foe

Do you really need a Collection Agency: Collection Agency, Friend or Foe: "I wanted to start this blog to see what others think of Collection Agencies to collect Account Receivables? My take is that they are truly ..."

Collection Agency, Friend or Foe

I wanted to start this blog to see what others think of Collection Agencies to collect Account Receivables? My take is that they are truly needed but who can you trust. I mean if it is your money and your loose thats one thing but when you have to manage your company finances and responciable for every dollar what do you do? I have ran into some really sleezy agencies in the past. How do you avoid this delima, what steps do you take to make sure your not getting taken for a ride? I know they will charge, but how much is too much? When should you send your AR to collections?
These are just a few questions I have been asked or have asked myself in the past. I would love to hear your feedback and comments. Please check back with me on additioanl blog topics.