Debt Collection Help
Include the price and delivery terms on all of your agreements. This isn’t required by the UCC, but it does bring clarity for your customers. – C2C Resources
Free eBook Credit & Collections
C2C Resources says, “You NEED this free eBook”.
With all the many resources available for finding information, where do you start when looking for information on a debtor? Is there more after an Internet search? Check out these Skip Tracing Techniques from C2C Resources.
Debt Collection: Before You Litigate a Debt
C2C Resources provides 6 important things to consider BEFORE you litigate.
Debt Collections: Time-Barred Debt
Need to collect on a Time-Barred debt? Find out what you need to know from this article by C2C Resources.
Making Clear Business Contracts
If you write a contract that ends up in court, YOU will be held liable if the contract is unclear. C2C Resources reminds you: Make your business contracts crystal clear.
C2C Resources Debt Collection Call Do’s and Don’t’s:
Do set out to achieve a same day payment to resolve the debt
Do treat your customer as you would like to be treated
Do maintain a respectful relationship with your customer
Do give your customer undivided attention
Don’t accept a partial payment until you fully understand the story and the necessity behind the request
Don’t allow yourself to become annoyed – stay calm, respectful and controlled
Don’t limit payment ideas submitted by your customer
Don’t interrupt. Listen openly to your customer’s story
Commercial Credit Report Companies
C2C Resources reminds you that it’s important to collect the right information before extending credit to your customer. To begin the process of collecting information, you might consider using the services of one of the four larger commercial credit report companies.
Debt Collecting: Effective Collecting
C2C Resources has found that keeping its file sizes small for their Collection Specialists increases monies collected. Each account gets the attention it deserves from Collection Specialists who are able to remain focused on a positive outcome. With smaller caseloads, Specialists can work an account thoroughly giving each one individual attention.
Debt Collections: The past can gauge the future
Past patterns and behaviors is one way to determine future actions. An applicant’s intent to repay debt can sometimes be foreseen by looking back.
C2C Resources recommends a thorough check of your customer’s credit reports or bank and trade references. The information found there will help you make a wise decision before extending credit.
Profiles
- Entity Links
- Ecolab
- Johnson & Johnson
- Pfizer
- Hewlett-Packard
- International Business Machines
- Verizon Communications
- Kraft Foods
- Boeing
- United Parcel Service
- Intel
- Motorola
- Sears Holdings
- Lowe's
- Time Warner
- General Electric
- Dell
- Exxon Mobil
- Chevron
- PepsiCo
- Hexion Specialty Chemicals
- Thrivent Financial for Lutherans
- DaVita