This article is designed to show you how to communicate with your clients and effectively collect the debts that are owed to your small business.
If you own a small business, you may know how difficult debt collection can be. Small business debt collection is often one of the main failing points of many businesses throughout the country. With a little practice and courage, however, you may be able to lessen the amount of late payments that are due to you, and even develop an understanding of when to expect non-payment from a customer. If you can learn effective communication skills, you may find that you can spot problems before they become too big, or even before they happen at all. Continue reading →
On Wednesday, October 2nd 2013, the Greater Vancouver Chamber of Commerce in partnership with the Vancouver Business Journal and the League of Women Voters will host the “Vancouver’s Mayoral Debate” at Gaiser Hall in Clark College from 6-7pm, doors open at 5pm. We encourage everyone to attend, this no-cost event. This Mayoral Debate will be televised by CVTV and moderated by John McDonagh of the Vancouver Business Journal. Continue reading →
“I just want to thank you for the program. Our family has struggled so hard over the last few years and this simple act of generosity has been a tremendous help.” – Parent of a Backpack Program Participant Continue reading →
This is a very insightful article on how your credit score has an impact on past-due accounts – written by By Erica Sandberg for CreditCards.com, p
Dear Opening Credits,
I’m 26 years old. I currently have a 583 credit score due to late and no payments — the result of a layoff. I’m back on my feet now, and will be receiving a small settlement. I owe on four accounts. The first card has a balance of $500, the second at $2,000, the third at $4,200 and the fourth at $2,200 (student loan). Based on my credit score, is it smart to settle my debt?
– Frank Continue reading →
Question: The cardholder left and did not honor his debts. They are claiming I, the remaining officer, personally guaranteed the application. It is on my personal credit. How do I get it off?
Answer: If you don’t believe you owe the account, you should file a dispute with both the consumer reporting agency (CRA) from which you received the report and the company reporting the information. To learn more about filing disputes with CRAs, please visit the Know Your Rights section on this site.
Metermaids notwithstanding, there aren’t too many jobs with a worse reputation than debt collectors.
In those grainy old noir movies, they’re guys with square hands and blackjacks, the sort of goons who corner you in an alley and ask if you enjoy having working kneecaps. In less cinematic settings, they’re the folks who harass you during dinner, who send strongly worded letters, and who ruin people’s credit. Continue reading →
Rocketlawyer.com offers free legal help and information. This article has some really good insight on how to choose a good collection agency. To read the full article please click here.
Five Tips for Hiring a Debt Recovery or Debt Collection Agency. While there are smart ways to avoid the debt collection process, sometimes you have to hire a professional. After all, you have your business to run and dealing with delinquent accounts can be draining on your resources, time, and patience. Continue reading →
“Ask Doctor Debt” has many great articles with helpful tips on debt collections and solution on how to handel a phone call from a colector. The following article “You can settle your debts yourself” (Source: Drop Debt, Surviving Credit Card Hell Without Bankruptcy by Harvey Z. Warren) will explain what to expect if and when a debt collector call you. Continue reading →