It is not uncommon for a credit professional to be managing hundreds of accounts at once. It is also not uncommon for some of these accounts to have a surplus credit balance on them that goes unclaimed. This could simply … Read More »
Even if you follow all of the advice we have given on how to collect a bad debt, it is inevitable that some of your accounts will end up in court. This should only be used once all other options … Read More »
Despite your best attempts to minimize bad debt, it is inevitable that some customers will not pay. It is an unfortunate side effect of doing business. Understanding collections and having a procedure in place can help recover part of all … Read More »
As we have said, a debtor not paying their debt is an inevitable part of extending credit. When this occurs, there are multiple things you could do in order to recover some or all of the money owed. Unfortunately, some … Read More »
The internet is a treasure trove of information for any credit professional. You can find contact information, competitors, and can even judge the health of a business based on their online presence. One of the most popular things people do … Read More »