Collecting Debts During Recession

With recession looming, many business owners will find themselves in cash-strapped situation ... leading results for their clients.  It is important to select the right debt collection agency which ... like to enlist the help of commercial collection agencies. These debt collection agencies have the time [more...]

Date: 2008-12-30 14:27:23

Blog posts (121) | Videos (43)
 

How to Handle the Bill Collectors

How to Handle the Bill Collectors Posted in January 15th, 2009 Category:Debt Relief Credit card debt collection is a big business. There are millions of dollars every year from thousands of accounts that go to collection agencies for delinquency. Being in debt is never easy and it’s a very stressful time. You may receive [more...]

Date: 2009-01-15 05:53:51

Debt Collection Agency With the Most Successful Collections

Delinquent accounts result in millions of dollars of losses for businesses every year, ... , then the collection process needs to begin as soon as possible. A debt collection agency knows that the longer a debt ... meaning that they are always looking for ways to increase their bad debt recovery ratio to offset [more...]

Date: 2008-12-28 20:37:15

such a good thing!

Not all the time that you are the person in debt, although most often it is the case ... , as there are lots of Debt Collection agencies willing to help small businesses. So, if you can’ ... is an affordable collection agency. Remember, no matter how small the balances it can create issues [more...]

Date: 2008-11-21 14:55:57

Astra Business Services – Debt Collection From Afar

We have all heard the news of outsourcing American jobs to Mexico with their cheap, almost free labor costs, ... and of course the transition of skilled computer related jobs to countries such as India. Why would any company pay $40 or $50 an hour for something that can be done in another country at a ... [more...]

Date: 2008-12-05 18:40:18

Regrettable errors

Regrettable errors Author: Raul Gonzalez, Reflections from the Mirror, ... mentioned that, thanks to progressive improvements in revenue collection, lower public-debt levels ... ◙ Business Mirror CONGRATULATIONS to Finance Secretary Margarito Teves for being named Asia’ [more...]

Date: 2009-01-14 15:51:49

Tax Resolution Companies- watch out for them....

You hear it on late night TV, early in the AM while you getting ready for work, and in the mail (or spammed e-mail!) ... solution to resolve your debt. The IRS operates in a business type manner as a collection agency ... is a Collection Agency with great collection powers5. You have options- you just need to know them [more...]

Date: 2008-12-30 14:27:00

What is the definition of Debt?

by JR Rooney What is debt? Debt is something that is owed to someone else ... “debt About the Author: Let no debt remain outstanding, contact a Collection Agency or request ... . An individual person or company / business owing a debt is called a debtor. The entity [more...]

Date: 2008-12-01 12:45:27

Fool-Proof 3 Step Formula That Reveals Best Time To Refer An Unpaid Account To A Debt Collector

by Angelo Ioanides A common dilemma for business owners worldwide is knowing when to stop chasing unpaid accounts in-house and hand them over to a debt collection agency. In reality you’re torn between trying to save money and customers chasing account yourself whilst being mindful not to hold on to those accounts for so long that they become virtually impossible to recover. Hence, there’s a threshold where the cost of chasing a debt yourself actually exceeds the costs of using a debt collector. [more...]

Date: 2009-08-22 11:35:09

Collecting Past Due Accounts in an Erratic Economy

(Finance News and Information) The recent large spike in consumer debt has many business owners struggling to adapt to current conditions and unclear ... and damaging their reputations during this nationwide financial crisis Leading debt collection...... [more...]

Date: 2008-11-19 08:26:10

Growing numbers avoiding or delaying paying tax

Growing numbers of people and businesses are avoiding or delaying paying taxes as the "credit crunch" bites, ... . The auditors estimate that up to 1.5 million working adults had a personal or business tax debt in April ... , introduced risk profiles on taxpayers to target those who could be bad payers and tailored debt collection [more...]

Date: 2008-11-20 08:28:37

IRS Tax levy, Tax Collection, Tax Lien, Foreclosure Debt Foregiveness Rules May Be Amended.

Los Angeles, California - IRS will be improving IRS tax procedures to protect victims of tax-related identity theft and expanding outreach and ... to assist identity theft victims. 3. Cancellation of Debt Income. When an individual or business ... to foreclosure or who default on car loans or credit card debts. Taxpayers may exclude the amount [more...]

Date: 2008-07-22 19:43:56

How to Safely Build Your Credit History

I’ve heard from several high schoolers and early college students asking for advice on how to build up their credit history in a safe and ... and such, but I don’t know where to start. I’m worried about getting way into debt like some people ... (credit bureaus) that are in the business of collecting the information for credit reports - Experian [more...]

Date: 2008-09-23 20:00:35

Good News - Post Office to Layoff Only 40,000 Workers. Bad Time to Be In Delivery Business.

A friend called to tell me about the latest buzz of the postal service laying off 40,000 workers ... From Debt Collection, the Debt Collector, and Creditors I’m Afraid I’m Going To Get Laid Off. How ... of the country’s 1,300 post offices would be closed. According to the APA news agency, the company’ [more...]

Date: 2008-11-11 21:16:24

Grief from commercial sales agents Bag A Business and Knightsbridge Business Sales

Last week we told how commercial estate agent, RTA (Business Consultants) Limited, charges hefty fees even when it fails to sell a business ... for passing the demand on to its debt collection agency and is fully committed to the sale [more...]

Date: 2009-01-14 19:10:07

A recent article in Business Week highlights some apparently (IMO) improper practices used by credit-card issuers in collecting debts ... Forum (NAF) … specializes in resolving claims by banks, credit-card companies, and major retailers ... of their credit-card applications to arbitrate any disputes over bills rather than have the cases [more...]

Date: 2008-06-16 19:52:25

China: It Ain't The Business, It's The Pot Of Cash.

I rarely have revelations, but after being knocked over the head countless times over the years, ... by US companies and both were unwilling to spend any money at all in an effort to collect those sums. Steve ... that if these two companies did not get more aggressive in their debt collections, they would end up going under [more...]

Date: 2008-12-14 03:09:08

Avoid your uncollectible account receivable

All professional businesses (maybe some of traditional business) have uncollectible account receivables in their balance sheet ... profit as example of the Nationwide Debt Collection Agency, solve your money while keep your normal ... t good case, because our company isn’t designed as collection agency and we haven’t skillful staff [more...]

Date: 2008-11-25 21:34:48

Easy Internet Email.

Get your own personalized email for you or your business, without the headaches! You pick the address, we do the rest! Easy Internet Email ... , unfair debt collection practices, and class actions. emLos Angeles/em Lawyers …The largest local ... California …Pasadena Immigration Firm.Encino office. Includes an archive of press-worthy and precedent [more...]

Date: 2008-11-22 12:06:49

There Is An Angel After All For Folks Facing Foreclosure

It seems there is at least one lawyer who is in business to help people facing foreclosure. Her name is April Charney ... to take possession of those homes. Her encyclopedic knowledge of contract law, debt-collection practice ... she help people in Florida, her knowledge is shared with lawyers in other states. She has given one day [more...]

Date: 2008-12-19 21:00:50

Glam Media Blames Economy, Slows Down Payments To Publishers

Glam Media, the always interesting womens network (and now men’s network) is back in the news this morning ... of their business model is float management - making sure that they collect money before they pay it out to partners. If they pay too soon, they could get hit with bad debt when advertisers don’t pay. Pay later [more...]

Date: 2008-11-04 18:57:21

Google Docs Treasure Trove

The “Free” collection of online applications included with Google Docs provide a great introduction to the SaaS world ... , invoice and business card templates are among your choices. Spreadsheet options include loan calculator, credit card payoff, invoice, debt manager, household expenses, budget planner, road trip [more...]

Date: 2008-07-27 17:17:01

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

Best Of 2008 And Wishing You A Happy 2009

It’s hard to believe how fast time flies, but here we are already in 2009. Before we look forward, let’s reflect back on 2008 ... Network — This is actually a great collection of frugal ideas for your trips to various locales ... . The Correct Way to Pay Off Personal Debt: The Debt Avalanche at Consumerism Commentary — Step aside [more...]

Date: 2009-01-01 15:09:51

Roth IRA FAQ, Income Streams and Financial Q & A @ The Carnivals

new logo design is now over. As for which logo won? It was a tight vote between 2 logos. Now how about I surprise you all with it when I put it up? ... In Washington All Financial Matters: Oil Just Keeps Dropping! Rich Credit Debt Loan: How To Stop ... Decision Crackerjack Greenback: Personal Finance in the Bible: Proverbs 13:7 Ask Mr. Credit Card [more...]

Date: 2008-12-03 22:11:44

Spending Control.

Christmas is almost upon us and so I’m very sure that you have already finished or about to finish shopping gifts for your loved ones and friends ... about your expenses. The collection agencies are on a holiday break too so start thinking about credit cards and debt ... of your cosigners, you’ll find a way out of debt. There are financial institutions [more...]

Date: 2008-12-19 02:54:40

Chain Of Fools

The Denver Post reports from Colorado. “Mike Kraft, a Realtor in Loveland, said first-time buyers have an edge in the current marketplace. The property they buy won’t have inflated equity, Kraft said, and many sellers are willing to help with closing costs. ‘It’s a buyer’s market. There’s a lot of inventory out there,’ he said [more...]

Date: 2009-01-04 18:13:27

Collapse and Ruination from Gluttonous Growth

by The Mogambo Guru I was sitting outside, looking up at the stars, and wondering how many planets circle those billions of twinkling lights, ... for repayment until that day when the collection agency finally decides to just write the whole damned ... it to buy the new government debt so that the government could spend the money to satisfy [more...]

Date: 2008-12-18 19:21:05

The Poverty Business

Sorry if this appears to be an older article, and not latest headlines, just thought it was interesting - loki The Poverty Business Inside U.S ... into Byrider, Tsosie drove off, jubilant, in a 1999 Saturn subcompact she bought entirely on credit ... access to credit has put cars, computers, credit cards, and even homes within reach for many [more...]

Date: 2009-01-15 00:45:24

E-Commerce For Entrepreneurs - Internet User’s Guide to E-Commerce Policies

A few days ago, I wrote about the different types of internet businesses that one can put up. That article prompted a lot of inquiries from my readers which sent to my inbox a number of requests for assistance on several aspects of e-commerce and other online ventures. Some of the questions I received such as “How do I put up a website? [more...]

Date: 2008-12-15 06:16:19

Review of 2008 Economic Predictions

Here we go… My overall assessment is that: a) All major directions were right in this prediction b) Where I was wrong, I was either too early and (amazingly) too optimistic. It has hard to realize how long ago in financial terms Jan 2008 was. As you read these predictions, they look almost mild, yet in January 2008, [more...]

Date: 2009-01-14 13:48:45

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

How to Avoid a Lawsuit From a Collection Agency

The first thing you need to understand is that most large collection companies have a lawyer at their disposal who writes letters on their behalf ... to respond… they’ll sell the debt to another collection agency for pennies on the dollar. In order for them ... that they cannot legally be collected on. So even with a judgment to repay the debt… the collec [more...]

Date: 2009-01-14 19:53:56

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

Teach Your Children Not to Bet Against Apollo Group

The numbers the posted last week were impressive indeed, and the internal/organic cash flow generation is a thing of beauty, as noted by ThinkEquity: ... leases. Bad debt expense remained subdued, dropping to only 3.6% of sales during 1Q09 from 4.2 ... . We expect bad debt expenses to remain below 4% of revenue during FY09. * Selling and Promotional [more...]

Date: 2009-01-12 20:01:48

Sovereign Debts: Let the Downgrades Begin!

Making good its warning, the US credit rating agency Standard & Poor's downgraded the credit rating of Greece amidst a deteriorating economic ... the government's ability to improve its budget position through better tax collection and higher property or income taxes is offset by the rising cost of debt servicing and public pressure for additional [more...]

Date: 2009-01-15 11:27:00

Debt Collection Agency

It’s hard to eke a living these days. Cost of living has gone up so much since June and many of my relatives and friends are finding it hard to make ... a chicken rice seller. He did say that he might want to engage a Debt Collection to help him with the debt collection part. This is the last resort for him. I heard that there might be a high cost [more...]

Date: 2009-01-15 17:14:22

Hamilton’s Counterfeit Capitalism

Daily Article by George F. Smith | As we await Bush’s replacement to straighten our wayward lives, it’s crucial to understand how we got here and why policy makers are so determined to do the wrong thing. Austrian economics explains why their policies are flawed, but no one with a voice seems to care [more...]

Date: 2009-01-15 21:36:00

American Profit Recovery

Two months ago, our credit card debt from Sears was over. I’m thankful to the Collection Agency that resolve this matters ... in this country. LOL! I'm just kidding! Speaking of debt collection, I stumbled upon a site ... more profitable, but change the fundamental way in which a collection agency operated. They have a proven [more...]

Date: 2009-01-10 01:07:14

Warning: Great (Cultural) Links Here! (Part 1)

Regular readers may have noticed how rarely I’ve done a link dump on this blog as of late. I read just as much as before and come across a ton of interesting things (I just don’t have time to blog about them).  When you have been blogging a while, you realize that blogging about the daily scandals matters little in the grand scheme of things, [more...]

Date: 2009-01-08 17:20:10

Text: Obama Speech at Statehouse, Columbus, Ohio | November 2, 2008

Ohio, I have just two words for you: two days. After decades of broken politics in Washington, eight years of failed policies from George Bush, and twenty-one months of a campaign that has taken us from the rocky coast of Maine to the sunshine of California, we are two days away from change in America. In two days, you can turn the page [more...]

Date: 2008-11-04 00:07:01

The Importance of Repairing Your Credit Report - Yourself!

It seems to be common knowledge today that we are living in a society overwhelmed with debt ... ! Typically it does nothing more then raise red flags at the collection agency’s and can even make it nearly impossible in the future for you to try to re-dispute an item on your own. Collection Agency’ [more...]

Date: 2009-01-15 01:44:04

Don’t Eat Chocolate from Ivory Coast!

I can’t believe I forgot to blog about this important story. Last February, Christian Parenti broke a great story about the exploitative nature of the chocolate industry. The big cocoa exporters - Cargill, Archer Daniels Midland (ADM, Fortune 500), Barry Callebaut and Saf-Cacao - do not own plantations and do not directly employ child workers [more...]

Date: 2009-01-15 11:58:51

Barack Obama's Speech from Columbus, Ohio

Remarks of Senator Barack Obama (as prepared for delivery) Sunday, November 2nd, 2008 Columbus, OH Ohio, I have just two words for you: two days. After decades of broken politics in Washington, eight years of failed policies from George Bush, and twenty-one months of a campaign that has taken us from the rocky coast of Maine to the sunshine [more...]

Date: 2008-11-02 18:54:34

Ranking Creditors. China Comes In Dead Last.

I had a long and arduous meeting recently with a long term client. The client had called me to discuss its difficulties in getting paid and its difficulties in making its payments. I suggested a big meeting, to which he bring all of the documents relating to those to whom his company owed money and all of those who owed his company [more...]

Date: 2008-12-06 16:18:59

Debt Collection - A Recovery Issue.

The Hobart Debt Collection process should be according to Law of the land. Many countries have passed Laws for collecting debts ... of collection of debt. Personal contact is one of the best methods. If the outstanding amount is small ... . There are also some professional lawyers, who specialize in debt collection suits. If found necessary [more...]

Date: 2009-01-14 23:11:40

14th December 2008 - Who's made a mark this week?

I'm actually away at the moment so some of the posts before and after this one have been scheduled in advance - such a great facility! This is a lightweight version of my normal post and is missing images - which are difficult to do on the computer /connection I'm using connection. I'll be back to normal posting next week - I hope ( [more...]

Date: 2008-12-14 08:00:00

Reunion.com Revisited

Following in the expected path of her earlier ruling, District Judge Maxine Chesney again dismissed an anti-spam lawsuit against Reunion.com. This time, the Judge also threw in a tenuous constitutional holding for good measure. Count this ruling as yet another one muddying the distinction between fraud lawsuits and anti-spam lawsuits and [more...]

Date: 2009-01-10 02:39:51

GRENADA FOR SALE! By Sandra C.A. Ferguson

CAVEATThe following Spice Isle-based message is rather intriguing from the point of view in that there are parallels to how Graeme Hall Sanctuary remains closed while the Advocate, CBC, VOB and the Nation remain silent on how the one-year old DLP regime has said nothing about the fate of the potential National Park, [more...]

Date: 2009-01-13 00:03:00

Collection 101: Collecting for Your Start-Up

By Larry Chiang Congrats on getting to $900k in revenue, getting an angel round done and avoiding the 9 VCs you don’t wanna meet ... of Sales they should definitely be calling to collect. Compartmentalizing the collection by leaving it to a sole administrator is dooming your collection effort to fail. If the CEO won’t call, email [more...]

Date: 2009-01-06 17:53:48

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