Finance Debt Collection Services
At Lockhart, Morris & Montgomery, Inc. (LMM), we specialize in finance debt collection services that bridge the gap between businesses and their clients. Our approach is built on understanding, compassion, and professionalism, ensuring we help resolve delinquent accounts efficiently while respecting all parties involved. What Are Finance Debt Collection Services? Finance debt collection focuses on […]
Healthcare Debt Collection Services
Healthcare debt is an all-too-familiar challenge for both patients and medical providers. Medical debt arises when patients are unable to pay their healthcare bills promptly due to various reasons, often including unexpected medical expenses, lack of insurance coverage, or high out-of-pocket costs even with insurance. When these balances remain unpaid, they create a strain not […]
Banking Debt Collections
Lockhart, Morris & Montgomery, Inc. (LMM) is a national debt collection agency with deep expertise in Banking Debt Collections. Our mission is to assist financial institutions in effectively managing past due accounts while supporting consumers in resolving their debts with dignity and respect. Understanding Banking Debts Banking debts typically arise from a variety of sources, […]
B2B Collection Services
At Lockhart, Morris & Montgomery, Inc. (LMM, Inc.), we specialize in business-to-business (B2B) collections. We offer a respectful and considerate approach to resolving delinquent accounts. Our mission is to help companies recover unpaid debts while maintaining positive business relationships with their clients. What Are B2B Collections? B2B collections focus on recovering unpaid debts between businesses. […]
Educational Debt Collection
Educational debt has become increasingly common among consumers in recent years. According to recent statistics, over 45 million Americans hold student loan debt, with the total U.S. student loan debt exceeding $1.6 trillion. Alarmingly, about 1 in 10 borrowers have defaulted on their federal student loans. While these numbers may be shocking to some, they […]
Long-Term Value Working with Lockhart, Morris & Montgomery
When businesses form, the plan is to stick around for the long term and make a solid impression on the industry it’s in over the years. For any business with success goals, maximizing revenue collection is crucial for maintaining a healthy bottom line and staying on track. However, managing accounts receivable and collecting past due […]
How to Hire the Right Debt Collector Online
Searching online for debt collection services is common in a world where consumers need solutions “now.” However, there is a plethora of national companies to pick from, and choosing the right third-party collection partner is a challenge. After all, working with a third-party collections agency like Lockhart, Morris & Montgomery, Inc. (LMM, Inc.) Is an […]
The Year-End Collection Crunch: How a Collection Agency Can Help
As the holidays quickly approach, many businesses view them as a time to tally up accounts receivable from the year and start collecting past-due invoices. However, year-end collections can present unique challenges. Customers may be less responsive during the busy holiday season, so your staff spends valuable holiday time playing PI to track them down. […]
When is It Time to Call in a Collection Agency?
Dealing with late or non-paying customers is an unfortunate reality for many businesses. While you want to maintain good relationships with customers, you also need to get paid for goods and services rendered. At what point should you escalate matters and bring in an experienced collections agency? Knowing when to hand off seriously late accounts […]
6 Myths About Debt Collection Agencies
When you are a business that provides services to the public or private sector, customer debt is an issue you’re bound to face. From medical debt to student loan debt, the team at Lockhart, Morris & Montgomery has seen it all and has helped brands of all sizes settle debt collection issues to bring their […]
