by admin | May 17, 2018 | Business Credit & Collections Lessons, Extending Business Credit & Commercial Collections
Business Credit and Collections Lessons Understand your risk, can you afford it? Do you have enough sales to support the extension of credit, or is your business still “hand to mouth?” Are you extending credit on big-ticket items that will disproportionately impact...
by admin | May 16, 2018 | Creating a Credit Application, Extending Business Credit & Commercial Collections
Creating a Credit Application Consider Making it Public Consider putting your credit application on your website. The purpose of extending a line of credit to customers is to drive more business. Perhaps more people will complete the credit application, resulting in...
by admin | May 14, 2018 | Finding Hidden Assets
Finding Hidden Assets Finding the defendant’s workplace You will want to know where the defendant works. You can choose to do this yourself or hire a skip tracer who has experience in this area. The skip-tracer will follow the defendant to their work while also...
by admin | May 7, 2018 | Finding Hidden Assets
Finding Hidden Assets Wage Garnishment Income and wages are considered assets. They may be garnished or used as necessary in order to satisfy a judgment. To collect on a judgment, you will need to know the prospective debtor’s income as well as his or her property....
by admin | May 4, 2018 | Commercial Collection Series, Debt Collection Humor, Improbable Debtor Excuses
Improbable Debtor Excuses “My wife is in the looney bin, I have no money and no one will buy my boat, that I own with two other people, and even if I sell the boat my third is only $100 which is only 1/10 of what I owe! You don’t expect me to give up my...
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