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Old 09-18-2015, 04:52 AM
 
Location: East of the Sun
450 posts, read 420,478 times
Reputation: 594

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Augustans pay over a million bucks as a subsidy because the local ambulance contractor says it doesn't get paid from its customers.
What ever happened to collection agencies? Sure, they take a cut for their services but at least they recover lost revenues most of the times.
Hope that CEO gets the hint and stops expecting the taxpayers to bail his failing company out.
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Old 09-21-2015, 09:28 AM
 
405 posts, read 312,778 times
Reputation: 115
Collection agencies dont recover lost revenue that is owed what they typically do is purchase the debt for pennies on the dollar and then they try to collect on it.
The company owed the money then writes the rest of it off on their taxes.
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