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CommercialCollection Agencies of America has elected its new Board of Directors and has announced the slate of officers of the organization. Board members include Pete Roth of CST Company, Fred Wasserspring of Lyon Collection Services, Inc., David Herer of ABC-Amega, Inc., David Herer of ABC-Amega, Inc.,
Enter commercialcollection agencies—specialized firms that can play a pivotal role in optimizing your AR functions. Here’s why and how partnering with a commercialcollection agency can be a game-changer for your business. What is a CommercialCollection Agency?
Fortunately, a credit application contract is a powerful tool that sets the stage for successful transactions and protects your business interests. Cohen & Associates LLC, our commercialcollections attorneys employ ethical methods available under Massachusetts laws to help you get paid. At the Law Offices of Alan M.
January 5, 2022-Chicago-CommercialCollection Agencies of America has elected its new. Board members include Pete Roth of CST Company, Fred Wasserspring of Lyon Collection Services, Inc., Humberto Matz of Creditors Adjustment Bureau, Tom Claybaugh of Mountain States CommercialCreditManagement, Inc.,
It is a prudent creditmanager that attempts to obtain personal guarantees from the principals of an incorporated entity to which credit is being extended. Guarantees can be classified as being either guarantees of payment or guarantees of collection, and the distinction is important to recognize.
Business to business debt collection can be hard to understand at first. Check out this guide on who should use commercial debt collections. Even when you try to send customer debt collection requests, they have fallen on black days. This type of debt collection can be hard to understand at first.
When your company incurs a commercial debt, it should be handled by a B2B debt collection agency to avoid situations like this and to keep your business functioning smoothly without the monetary consequences of unpaid accounts receivable. What is B2B Debt Collection? What Information is Shared with B2B Collection Agencies?
From the Virtual CreditManager. There will inevitably be a day when you realize your collection efforts are not getting a delinquent customer to pay their bill. The easy answer — refer the customer account to a Collection Agency when all else has failed to get you paid. What can you do?
Are you worried that if you refer your customers to a debt collection agency you’ll lose control of your brand? Here are the best steps to follow when looking for a collection agency to work with, from evaluating whether it’s the right move, to seeking quality referrals. Be sure you document all your attempts to collect the debt.
Additionally, Florida law provides that there can be multiple judgments for the same debt but the same debt can only be collected once. However, the indebtedness can be collected only once, and any payment on any of the judgments must be credited to the others.”). This prevents a double recovery. Bryan, 384 So. 2d 1323, 1324 n.3
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