Hello Finance Manager! What Are My Options When Someone Is Delinquent? Hello Finance Manager! I have a question for you. Someone is delinquent and I’ve never had to deal with this before. What are my options? Should I just take them to court? Signed, Desperate Over Debt Hello Desperate, First, don’t be desperate. We’re here…
Read more
What You Need to Know About Collecting on Old Debt!
What You Need to Know About Collecting on Old Debt! Whether the outstanding debt owed to you is two years old or ten years old, there are some things you should know about trying to collect on older debt. It’s not going to be as easy as collecting on a debt that has recently become…
Read more
Collections: A Cost / Benefit Analysis
Collections: A Cost / Benefit Analysis Debt is a serious problem. A new debt survey reveals that one in five people believe that the will never be able to get out of debt. Matt Schulz, a senior analyst at CreditCards.com stated, “Whenever you see people resigned to the fact that they can’t get out of…
Read more
Dear Attorneys A.R.M. – How can I get my clients to pay?
Dear Attorneys A.R.M. – How can I get my clients to pay? Dear Attorneys A.R.M., I know it’s the holiday season and I don’t want to sound like a Scrooge. I know times are tough for everyone, but I have several clients who are behind on their bills. How can I get them to pay…
Read more