by admin | May 31, 2018 | Finding Hidden Assets
Finding hidden assets can be a challenge when trying to collect on a debt. Many businesses that owe money may try to hide their assets in an attempt to avoid losing them in the collection and judicial process. There are many ways a commercial collection agency can go...
by admin | May 29, 2018 | Finding Hidden Assets
National Death Index If the person in question may have passed away, the National Death Index of the Social Security Administration is a good place to look. County courthouses are home to copies of local wills that entered into probate. Start with the county...
by admin | May 25, 2018 | Finding Hidden Assets
Finding Hidden Assets Unearned Revenues Unearned revenues are any form of income received before providing a good or service. Once the goods or services are provided, the amount in this account decreases and a revenue account is increased. Unearned revenues can be...
by admin | May 24, 2018 | Business Credit & Collections Lessons, Extending Business Credit & Commercial Collections
Business Credit & Collections Lessons Receivables Management Systems Do you have staff that is qualified to collect customer accounts? Do you have software that allows you to adequately track the accounts? Do you have the internal systems in place to prove the...
by admin | May 23, 2018 | Business Credit & Collections Lessons, Extending Business Credit & Commercial Collections
Extending Business Credit Who gets what terms? Let’s be smart about this, a credit policy doesn’t mean open the floodgates. The best customers, with the greatest ability to pay, should have the best terms. New customers that have not established trust yet, perhaps not...
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