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 11, 2018 | 5 Ways To Collect, Commercial Collection Series
5 Ways To Collect Commercial Debt Small Claims Court If the amount of money involved is modest, this an effective option for resolving disputes. In the majority of states, you only need to get in touch with the small-claim court where you live and request the required...
by admin | May 9, 2018 | Commercial Collection Series, Creating a Credit Application, Extending Business Credit & Commercial Collections
Creating a Credit Application Make it Look Professional This sounds trivial, but a professional looking document makes a difference. It is one of those things, the more professional looking the document, the more likely it is that you will not have to enforce it due...
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...
by admin | May 2, 2018 | Creating a Credit Application, Extending Business Credit & Commercial Collections
Creating a Credit Application Personal Guarantees Personal guarantees are considered a staple of any good credit application. If the client cannot pay their bills through their company, a personal guarantee binds the owner to pay you, even though their business is...
Recent Comments