by admin | Jul 9, 2018 | Business Credit & Collections Lessons
Age of customer’s business. When it comes to commercial collections, and extending commercial credit, the longer a customer or client has been in business, the more likely they are to weather an economic storm. Certainly, the age of your business cannot be the only...
by admin | Jul 6, 2018 | Finding Hidden Assets
Finding Hidden Assets – Legal Resources We will be moving this series into a much more productive area for commercial debt collection! Enough with the “how to hide assets”. Let’s talk about what resources can be brought to bear to hunt down,...
by admin | Jul 5, 2018 | Business Credit & Collections Lessons
Are there open Collection Actions? Good Business Credit Reports will list a history of collections and outcomes. This is critical information if you intend to offer Business Credit. Just because a client is in financial trouble, and has open collections, does not...
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...
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