Introduction

[luxlife714]

Hello everyone! My name is Tony, I'm thinking about starting my own debt collection business, I've used to work in that industry for about two years, I'm currently working as a security guard full time but I am getting tired of it. I rather work build my own business from the ground up and be my own boss. I have some experience in life insurance and also studying for my real estate license. My introduction might some dry and I hope while I am here, I can get help from like-minded people! thanks!

 

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[Kevin88660]

Hello everyone! My name is Tony, I'm thinking about starting my own debt collection business, I've used to work in that industry for about two years, I'm currently working as a security guard full time but I am getting tired of it. I rather work build my own business from the ground up and be my own boss. I have some experience in life insurance and also studying for my real estate license. My introduction might some dry and I hope while I am here, I can get help from like-minded people! thanks!

Interesting. Where do you operate? The regulatory factors are important considerations.

How to you obtain the business. Do you chase debt for debtors or buy the debt books after valuation due diligence?

 

[luxlife714]

Interesting. Where do you operate? The regulatory factors are important considerations.

How to you obtain the business. Do you chase debt for debtors or buy the debt books after valuation due diligence?

Hello, I haven't started on actually collecting yet, I'm just doing on my research on how to get my business license and also reading the rules and regulations to get familiar with it before I actually operate the business and get everything processed. I plan to operate it in the home out of California, online first then eventually open a physical location where I can meet clients face to face and also get my first employee but that won't after a year or two. And I would go after debtors.