3 Things To Consider Why Your Organization Needs Debt Scoring For Your Delinquent Debt

by David P. Montana In today’s challenging and difficult economy, organizations of all sizes are facing ever-growing delinquencies in their accounts receivable and expanding debt portfolios. Whereas any organization’s internal collection processes serve an essential role in collecting on past due delinquent accounts, many companies simply don’t have the resources, time and expertise necessary to recover consistently and effectively on these unpaid accounts. [more...]

Date: 2009-09-26 07:46:42

Blog posts (117) | Videos (20)
 

3 Important Considerations When Hiring A Debt Collection Agency

by David P. Montana To operate a organization effectively, every owner has to stay on top of their receivables and monitor their cash flow. Whether you market a product or give a service, you probably have to deal with late-paying or none-paying customers from time to time. That means that you have to have a sound, uniform internal debt recovery policy in place. Part of your policy should include knowing when to outsource difficult accounts to a debt collection agency. [more...]

Date: 2009-09-24 12:41:01

3 Notable Points To Consider When Hiring A Debt Collection Agency

by David P. Montana To operate a organization effectively, every owner has to stay on top of their receivables and monitor their cash flow. Whether you market a product or give a service, you probably have to deal with late-paying or none-paying customers from time to time. That means that you have to have a sound, uniform internal debt recovery policy in place. Part of your policy should include knowing when to outsource difficult accounts to a debt collection agency. [more...]

Date: 2009-09-25 07:05:54

3 Principal Areas To Examine When Hiring A Debt Collection Agency

To operate a organization profitably, every owner has to stay on top of their receivables and check their cash flow. Whether you promote a product or offer a service, you probably have to deal with late-paying or none-paying customers from time to time. That means that you have to have a sound, consistent internal debt recovery policy in place. Part of your policy should include knowing when to contract out problem accounts to a debt collection agency. [more...]

Date: 2009-09-18 12:13:35

Anatomy of an International Debt Collection Case

Introduction In late June of 2003, I received an e-mail from Daniel Harris, who introduced himself as maritime lawyer from Seattle ... ://www.harrismoure.com and learned Dan owns a small international law firm in Seattle, called Harris ... to pay its debt. Bolshoretskoe’s debt to Daxin arose in July and December, 2002, when Daxin [more...]

Date: 2009-01-11 01:43:03

3 Key Areas To Examine When Hiring A Debt Collection Agency

September 16, 2009 | By David P. Montana In Finance | To operate a organization effectively, every owner has to stay on top of their receivables and monitor their cash flow. Whether you market a product or give a service, you probably have to deal with late-paying or none-paying customers from time to time. That means that you have to have a sound, uniform internal debt recovery policy in place. [more...]

Date: 2009-09-16 16:40:13

3 Main Points To Consider When Hiring A Debt Collection Agency

September 17, 2009 | By David P. Montana In Finance | To manage a company successfully, every owner has to stay on top of their receivables and watch their cash flow. Whether you promote a product or provide a service, you probably face late-paying or none-paying customers from time to time. That means that you have to have a sound, consistent internal debt recovery policy in place. [more...]

Date: 2009-09-17 22:18:21

No rest for the wicked

I just finished the first draft of a novella (for next summer's short story collection) ... international trips does that to me.In fact, I've been falling behind on the news coverage and not even ... % of the USA's collective mortgage debt of $12Tn imploding at the same time does not fill me with optimism [more...]

Date: 2008-07-11 18:23:16

Debt collecting gets…er, sexy?

Bank employees working in call centers and reminding clients of their overdue loans used to be as far to the bottom of the banking food chain as you could be. Not any more. Raiffeisen International, the second-biggest lender in eastern Europe, has ramped up staff in its collections and risk management departments. Active in 17 countries between the Czech Republic and Kazakhstan, it is exposed to a region that is among the hardest hit by the global financial crisis. [more...]

Date: 2009-09-28 18:06:07

DO YOU KNOW WHO IS RUNNING AMERICA?

I have been asked that question so much last year that I thought I would give you some thoughts on it ... of the banking interests, and the Internal Revenue Service, the system’s collection agency. Did you ever ... , secured by UCC Commercial Liens, which are then monetized as “debt money” by the Federal Reserve [more...]

Date: 2009-01-04 17:08:42

Anatomy of a Chinese Debt Collection Case

Introduction In late June of 2003, I received an e-mail from Daniel Harris, who introduced himself as maritime lawyer from Seattle ... Dan owns a small international law firm in Seattle, called Harris & Moure. I replied ... , 2003. Our task was to seize the pollock for Daxin to get Bolshoretskoe to pay its debt [more...]

Date: 2009-01-11 21:48:59

Heading into the Financial Maelstrom

These are indeed uneasy times. All hands on deck. From Nouriel's blog, here is a comment from London Banker, a writer and commentator for the blog: ... . The role will include comprehensive, global data collection which will give the Fed visibility ... and Freddie Mac debt, may cut the portion held in US dollars, according to China International [more...]

Date: 2008-09-12 15:20:38

Communique Issued and Obama Speaking Now

You can watch him live here: The text of the communique is below. Leaders’ Statement: The Pittsburgh Summit September 24 – 25, 2009 PREAMBLE 1. We meet in the midst of a critical transition from crisis to recovery to turn the page on an era of irresponsibility and to adopt a set of policies, regulations and reforms to meet the needs of the 21st century global economy. 2. When we last gathered in April, we confronted the greatest challenge to the world economy in our generation. [more...]

Date: 2009-09-25 21:36:12

Links for 09.17.09 to 09.19.09

A few day’s worth… ✪ Orientalism’s Wake: The Ongoing Politics of a Polemic | Very nice collection of essays on Edward Said’s “Orientalism” from a variety of supporters, critics, academics including Daniel Varisco, Robert Irwin, Roger Owen, etc. ✪ The Sources of Islamic Revolutionary Conduct | I have not read in detail this small book by a US Air Force analyst, but scanning through it I see rather odd choices. [more...]

Date: 2009-09-19 12:19:12

ScamBuster 276

From the Desk of: Mr. Samuel Thanong +66846700568 I wish to seek your assistance for the transfer of $25 million dollars depository made by a foreign investor for an investment programme that has remained dormant for years now. I discovered that the account holder died without making a will on the depository. This money cannot be approved to a local bank account holder, but can only be approved to a foreigner. If you will stand as next of kin to the fund, it will be shared equally. [more...]

Date: 2009-09-18 08:35:45

Words from the (investment) wise 9.27.09

Words from the (investment) wise for the week that was (September 21 – 27, 2009) After hitting its best levels of the year on Wednesday ahead of the Federal Open Market Committee’s (FOMC) communiqué, the S&P 500 Index ran into heavy weather on the realization that the Fed could start scaling back on emergency support of the economy. US equities dropped further later in the week on renewed concerns about the state of the troubled housing market and weaker-than-expected durable goods orders. [more...]

Date: 2009-09-27 12:05:27

Operation Rollback

Posted by Review-a-Day, September 29th, 2009 3 CommentsFiled under:Review-a-Day. The Retail Revolution: How Wal-Mart Created a Brave New World of Business by Nelson Lichtenstein Reviewed by Jefferson DeckerThe Nation In October 2003 employees at more than 800 chain supermarkets in California walked out of their jobs after management demanded pay cuts and a reduction in health insurance benefits. [more...]

Date: 2009-09-29 09:54:00

Brown’s Journey from Reformism to Neoliberalism…

Brown’s Journey from Reformism to Neoliberalism   Issue: 115 Posted: 2 July 07 John Newsinger “The distribution of income in Britain has now become so unequal that it is beginning to resemble a Third World country”, wrote Gordon Brown in his 1989 indictment of Thatcherism, Where There Is Greed . He complained that since 1979 “an extraordinary transfer of resources, from poor to rich, has taken place”. [more...]

Date: 2009-09-16 13:14:13

Classified: 500,000 More Troops for Afghanistan

Classified McChrystal Report: 500,000 Troops Will Be Required Over Five Years in Afghanistan by Tom Andrews - The Huffington Post/Common Dreams Embedded in General Stanley McChrystal's classified assessment of the war in Afghanistan is his conclusion that a successful counterinsurgency strategy will require 500,000 troops over five years. This bombshell was dropped by NBC reporter Andrea Mitchell on MSNBC's Morning Joe on Wednesday: "The numbers are really pretty horrifying. [more...]

Date: 2009-09-25 03:02:00

Words from the (Investment) Wise (Sept. 27, 2009)

After hitting its best levels of the year on Wednesday ahead of the Federal Open Market Committee’s (FOMC) communiqué, the S&P 500 Index ran into heavy weather on the realization that the Fed could start scaling back on emergency support of the economy. US equities dropped further later in the week on renewed concerns about the state of the troubled housing market and weaker-than-expected durable goods orders. [more...]

Date: 2009-09-27 14:33:29

EMPLOYMENT LAW INDIA

EMPLOYMENT LAW INDIA The object of the employment laws in India is social welfare legislation protecting the employees, protecting their contentment and regulates situation of crisis.   India adopted the the core labour standards of ILO for welfare of workers and to protect their interests. India has enacted a number of labour laws addressing various issues such as resolution of industrial disputes, working conditions, labour compensation, insurance, child labour, equal remuneration etc. [more...]

Date: 2009-09-17 23:41:40

VIFF Preview: Row Three Recommendations

W ading through 300+ films can be a daunting task but we’re here to help. Colleen and I will be providing fairly extensive coverage of the Vancouver International Film Festival and to help you start off on the selection process, we have compiled a list of films, for the most part complete with trailers, which are either high profile or which we feel are worth a second look. [more...]

Date: 2009-09-26 23:40:57

Three recent reviews

by Simon Sellars The following are the full versions of three book reviews originally published elsewhere in edited form. The BLDGBLOG Book , by Geoff Manaugh. San Francisco: Chronicle Books, 2009. ISBN: 0811866440. This review was originally published in Blueprint , September 2009, p. 67. Geoff Manaugh has been described by fellow futurist Bruce Sterling as ‘the world’s greatest practitioner of “architecture fiction”’. [more...]

Date: 2009-09-22 13:47:43

ScamBuste 286

NOTIFICATION OF PAYMENT VIA ATM CARD This is to officially inform you that we have verified your contract/inheritance file presently on my desk, and I found out that you have not fulfilling the obligations giving to you in respect to your contract payment. Secondly, you are hereby advised to stop dealing with some non-officials in the bank as this is an illegal act and will have to stop if you so wish to receive your payment immediately. [more...]

Date: 2009-09-29 08:54:51

Small-cap, mid-cap indices nudge higher

Volatility ruled the roost as the key benchmark indices slipped with investors taking home some cash ahead of a long weekend and with the market open only for three days next week. Mostly lower global stocks also weighed on sentiment. The market remains closed for a public holiday on Monday, 28 September 2009 and again on Friday, 2 October 2009.The BSE 30-share Sensex fell 88.43 points or 0.53%, up about 80 points from the day's low and off close to 120 points from the day's high. [more...]

Date: 2009-09-25 15:59:00

Money Hacks Carnival – 83rd Edition

Welcome to the 83rd Edition of the Money Hacks Carnival, a collection of recent financial resources and articles from a variety of personal finance websites. About this week’s selections: There were close to 100 articles submitted this week – far too many to include in one carnival and still offer value to the reader. In most cases I did not include articles that included commentary, stories, or were more than a couple weeks old. [more...]

Date: 2009-09-23 12:15:22

Electing The Fourth Reich…

http://www.wholetruthcoalition.org/category/hiddenhistory/   Are you fed up with the damage politicians and their political correctness have done to our country? Are you ashamed of what has become of our way of life, our health system, immigration laws, justice system, police, our national pride and morality and our once mighty armed forces? Are you angry enough to want to do something about it NOW? [more...]

Date: 2009-09-19 11:24:18

The Global Carry Trade and the Crimes of Patriots

This article was submitted by The Institutional Risk Analyst “In a government of laws, the existence of the government will be imperiled if it fails to observe the law scrupulously. Our government is the potent, the omnipotent teacher. For good or ill, it teaches the whole people by its example. If government becomes a lawbreaker it breeds contempt for law: it invites every man to become a law unto himself. [more...]

Date: 2009-09-28 15:37:24

Oh My

-by the Mysterious Flying Miser From Bloomberg : “BlackRock Inc. Chairman Laurence Fink said Obama administration programs to help homeowners stave off foreclosure may hinder the recovery of the mortgage market while benefiting banks that own second loans on the properties. ‘I am just very worried,’ Fink said yesterday in an interview in New York. [more...]

Date: 2009-09-21 16:56:29

Reinventing America

America faces serious challenges to maintain its storied status quo. Hurdles include a sinking economy, wars in Iraq and Afghanistan, the rising cost of education, global warming, a crumbling infrastructure and American workers with uncertain futures. Trendwatchers are more acutely aware of these issues than most, but they’re also more hopeful [more...]

Date: 2009-01-13 09:40:59

Words from the (investment) wise for the week that was (September 21 – 27, 2009)

After hitting its best levels of the year on Wednesday ahead of the Federal Open Market Committee’s (FOMC) communiqué, the S&P 500 Index ran into heavy weather on the realization that the Fed could start scaling back on emergency support of the economy. US equities dropped further later in the week on renewed concerns about the state of the troubled housing market and weaker-than-expected durable goods orders. [more...]

Date: 2009-09-27 07:51:48

Words from the (investment) wise for the week that was (September 21 – 27, 2009)

After hitting its best levels of the year on Wednesday ahead of the Federal Open Market Committee’s (FOMC) communiqué, the S&P 500 Index ran into heavy weather on the realization that the Fed could start scaling back on emergency support of the economy. US equities dropped further later in the week on renewed concerns about the state of the troubled housing market and weaker-than-expected durable goods orders. [more...]

Date: 2009-09-27 07:51:48

Be the Consumer Credit Card Debt Collectors Do Not Want to Collect From

Most people would simply rather pay their credit card debts than deal with collection phone calls and collection attorney letters. But, what about those who cannot afford to make monthly minimum payments on their credit card debt? Many fall prey to the debt collection industry. Some, however, become educated consumers and use the law to force debt collectors to spend their time with other, less knowledgeable consumers. [more...]

Date: 2009-09-19 16:24:13

The ‘Bad Bank’ Experience: Lessons From Mellon-Grant Street

The past year has shown that when banks are good (Goldman Sachs Group), they can be very good; when bad (Countrywide Financial), they can be horrid ... or American International Group, each of which is kicking around the idea of creating a “bad bank” ... the client relationship. So by separating the collection officers, you allow them to focus on [more...]

Date: 2008-09-08 12:32:30

Part One] It’s interesting that the story seems to have such a resonance with readers, because it takes place in an entirely different universe. Do you think that hurts or helps the book, in terms of personal connections? It’s a hindrance when I’m trying to explain it. I’ve seen it a million times, especially with little kids [more...]

Date: 2008-10-31 14:03:38

Workplace suicide rate up dramatically

There was a 28 percent increase in the number of suicides committed in the workplace last year over the prior year, according to a census by the U.S. Department of Labor released in August. There were 251 reported workplace suicides in 2008. And workplace suicides are an international concern. France Telecom SA has had a string of 23 employee suicides that unions are blaming partly on layoffs and restructuring at the company. [more...]

Date: 2009-09-16 11:37:31

Willem Buiter Calls for Less US Stimulus, Expects Collapse in Price of Dollar Assets

I am a big fan of Willem Buiter, even on those rare occasions when he is wrong. He is unusually blunt for a Serious Economist, and is willing to take on orthodox views and institutions frontally. He has, for instance, been quite critical of the Fed. He created a firestorm at its last conference in Jackson Hole when, in a presentation, [more...]

Date: 2009-01-05 05:24:34

Gates of Vienna News Feed 11/12/2008

Some headlines to look at:“Muslim Killed Catholic Girl in Love With Flatmate”“London Fundraisers Linked to Stoning of 13-Year-Old”“Possibly Tens of Thousands of Somalis in the US Illegally”“New Anti-Christian Attack in Mosul, Two Sisters Killed”But then there’s this:“Denmark: Ready to Ban Headscarves for Judges”So it’s not all bad news [more...]

Date: 2008-11-13 04:52:00

Gates of Vienna News Feed 1/2/2009

In tonight’s news: Israel is poised to send ground troops into Gaza.A Muslim family was removed from a plane before takeoff, and is being compensated by the airline for the error. CAIR is in high dudgeon about the incident.Thousands of shoes were dumped on a Miami expressway — is that a message for President-eject Bush? [more...]

Date: 2009-01-03 04:42:00

INTERMEX FINANCIAL (2009-09-22 10:26)

Selling Goods to Mexico from the U.S.? Be Sure to Exclude the U.N. Convention on Contracts for the International Sale of Goods I regularly review contracts involving the sale of goods between the U.S. and Mexico or other Latin American countries. One of the most common drafting errors in these contracts is the failure of the contracting parties to specifically exclude the United Nations Convention on Contracts for the International Sale of Goods (CISG) when they intend to do so. [more...]

Date: 2009-09-22 17:26:00

Book Review: Killing Sacred Cows

Carnival of Twenty-Something Finances.  Be sure to check it out.  Next week I’ll be hosting the Carnival of Personal Finance ... One Family’s Debt Roundup Posts I found interesting this week. Wenchypoo’s “why we skip ... his ownership of CNN does influence what we perceive as the “economy”. NCN gives us the lowdown on “debt [more...]

Date: 2008-11-21 03:30:56

Atradius Collections Launches International Debt Collection Handbook to Steer Businesses Through Debt Collection Process

AMSTERDAM - - The Volatility of the European and International Payment Landscape Over the Past Year Brings Debt Collections to the Top of the Businesses’ Priority List - The Diversity and Complexity of Country Specific Procedures, Legislation and Cultural Approaches Present a Major Challenge for Companies Atradius Collections, the global expert in domestic and cross-border debt collections, [more...]

Date: 2009-09-28 05:00:00

** Frost/Nixon (2008) -vs- W. (2008) **

Awards Edition:  "Frost/Nixon" is nominated for the top award in the Critics' Choice (VH-1, Jan. 8), Golden Globes (NBC, Jan. 11), Producers Guild ( ... restoration of criminally bent (if not irrevocably broken) International and Constitutional law ... by its playwright Peter Morgan. Few plays make it to screen so fully intact, and the audience owes a [more...]

Date: 2009-01-04 11:26:04

Wednesday wrap

Andy Stern's SEIU crooks ... Andy Stern, head of the nation's fastest-growing union and a chief proponent of labor reform, is about to reveal himself as a colossal scam artist. Stern, president of the 2million-member Service Employees International Union, plans to kick off the new year with a stunning assault on democracy within his union [more...]

Date: 2008-12-31 11:30:00

Beating Credit Card Debt Collectors at Their Own Game

Beating Credit Card Debt Collectors at Their Own Game by Matthew HighlanderConsumer debt collectors! Credit Card debt collectors! There ought to be a law against them! Fortunately, there is a law, and educated consumers have learned how to use it to fend off these debt collectors by making their job difficult.Time is money for a credit card debt collector, who is in the business of collecting unsecured consumer debt, most of which happens to be credit card debt. [more...]

Date: 2009-09-22 14:31:57

In Uncertain Times Innovation Prevails for One Savvy Collection Agency

NEW YORK, N.Y., Oct. 16 (SEND2PRESS NEWSWIRE) -- In response to economic uncertainty, New York based collection agency Williams, Charles & ... card payment offerings used by others in the industry, WCS' collection staff can tailor the WCS ... whether a debt gets paid," Weiss reports. Another feature of the service is that is generates [more...]

Date: 2008-10-16 11:06:59

Stars of Political Cartooning - James Gillray

Each day this month I will be profiling a notable political cartoonist ... , but they were clearly involved - she facilitated his craft and he, I dunno, kept her company, I suppose ... had a large national debt. Note the Prince of Wales getting a check to pay off his debts on the right [more...]

Date: 2008-10-14 06:21:36

CACI Awarded $24.5 Million Task Order to Continue Support for U.S. Army Airborne Intelligence

CACI Awarded $24.5 Million Task Order to Continue Support for U.S. Army Airborne Intelligence Company’s Strategic Services Sourcing Business Exceeds $2 Billion ARLINGTON, Va., Sept. 15 /PRNewswire-FirstCall/ — CACI International Inc (NYSE:CACI) announced today that it has been awarded a $24.5 million task order to provide Airborne, Intelligence, Surveillance, and Reconnaissance (AISR) Ground Station Support to the U.S. Army Product Manager Aerial Common Sensor. [more...]

Date: 2009-09-15 13:23:22

“Levy’s decision to replace Jol with Ramos has been catastrophic” - Andy Dunn

Comment & analysis round-up Quote of the day: “Some of the stuff I’ve had to deal with has been soul-destroying and my family has stopped reading the papers. There’ve been people saying I’ve had two heart attacks and that I’m ready for a third, others saying I need my head examined. I didn’t envisage any of this, not in the slightest [more...]

Date: 2008-10-05 10:02:08

CEO Explains Why Crutchfield Will Weather the Economic Storm

Hat tip to Chad White’s Retail Email Blog for finding this email from Crutchfield’s CEO Bill Crutchfield, ... . Furthermore, we paid off all our debt and accumulated cash reserves. When shopping in times ... to be kept when you purchase with us - and I have positioned our company to deliver without compromise [more...]

Date: 2008-10-29 10:50:05

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