by admin | Jun 18, 2018 | Business Credit & Collections Lessons
Business Credit & Risk-Taking When extending business credit evaluate your client’s patterns of taking credit risk, either through review of their credit rating or based on your personal knowledge. If the customer displays high degrees of credit risk-taking, it...
by admin | Jun 14, 2018 | Finding Hidden Assets
Using Exempt Plans to avoid judgments Exempt Plans are indicative of a very sophisticated, some might say desperate, debtor. Some things are beyond the court judgment’s reach. These exempt plans include profit sharing and retirement planning. Sometimes people will...
by admin | Jun 12, 2018 | 5 Ways To Collect, Business Credit & Collections Lessons
Collecting Without An Attorney Debt Collection Agencies Collection agencies are hired by businesses to collect outstanding debts, as you may already know. However, most collection agencies will only accept cases if they are confident that there is a good chance of a...
by admin | Jun 8, 2018 | Business Credit & Collections Lessons, Extending Business Credit & Commercial Collections
Extending Business Credit Utilizing A Credit Report When extending business credit, utilizing a credit report is one of the best ways to discover if your customer is creditworthy. These days, pulling a credit report can be relatively easy when individuals or...
by admin | Jun 7, 2018 | Finding Hidden Assets
Finding Hidden Assets Using Someone Else’s Name People will often put their assets in another person’s name to avoid a debt collector finding hidden assets that they do not want to be seized. Using someone else’s name when hiding assets is a popular technique. ...
by admin | Jun 1, 2018 | Business Credit & Collections Lessons
I met a very interesting attorney the other day. Like us, he is in the debt collection industry. While our specialty is the effective, efficient and cost-effective collection of commercial debt, his mission was more delicate. He worked for the big casinos and large...
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