by admin | Jun 29, 2018 | Business Credit & Collections Lessons
Are there legal problems looming? As soon as you see a client in legal problems, filing for bankruptcy protection, liens, or anything of that sort, that client should immediately go on COD terms. Your first danger signal in commercial collections is any indication...
by admin | Jun 27, 2018 | Finding Hidden Assets
Using a Corporate Umbrella to hide assets from Debt Collection Agencies Using a limited partnership or corporation to hide real estate assets is similar to hiding assets with a real estate trust. Many states require that deeds also cross-reference the information to...
by admin | Jun 25, 2018 | Business Credit & Collections Lessons
Check Payment History Some of the better business credit reports list payment history. Obviously, the better the customer’s or client’s payment history, the more creditworthy they should...
by admin | Jun 22, 2018 | Finding Hidden Assets
Using Real Estate Trusts to hide assets from Debt Collection Agencies Some people will use real estate trusts to hide real estate from debt collection efforts by naming himself/herself, a close friend, a spouse or a family member as the trustee. The debtor is trusting...
by admin | Jun 20, 2018 | 5 Ways To Collect
Here we are at the last of our 5 ways to engage in Commercial Debt Collection, without an attorney. Think about contacting the credit bureau in your state if you are not able to collect money from a debtor. They’ll show you how to put the debt on the credit...
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