The Notice of Listing law is aimed at regulating the actions of collection agencies and their operatives.
Bill Collecting Q & A
Jim:
When I work up the nerve to call someone about an overdue bill I always seem to fold or lose my cool as soon as the other guy throws a reason at me for why the bill hasn’t been paid. Do you have any suggestions?
Patrick, NJ
More Debt Collecting Q & A
Q) My most important customer has always been very good about paying invoices on time. But the accountant at that company always gives me an excuse (too busy, being processed now, etc.). We keep waiting but the checks don’t arrive. I have called the boss but sometimes he is out of town and can’t be reached. The accountant is the person responsible for seeing that invoices are paid so how can I get her to issue checks on time?
How to Collect Debts from Clients: A Step-by-Step Guide
Step-by-step guide on collecting debts from clients effectively. Emphasizes communication, clear contracts, and legal recourse if needed.
Collecting Debts From “Big Shot” Business Owners
Q) Dear Jim – I’m an administrative assistant and I do bill collections for our company. Some of the owners who owe us money act like they are real big shots; they just walk all over me so I end up getting flustered, losing my composure and often I don’t get the money. I’ve read your book, “Past Due,” and gotten a lot from it, but sometimes I just can’t get through those four steps in the collection call before I lose them. What should I do?
Inside Help in Collecting Past Due Accounts
A frequent problem in commercial collections, especially when up against a large corporation, is the inability to reach the top decision maker. The president of the company successfully insulates himself against such bothersome issues as past due invoices through a layer of Vice Presidents, department heads, secretaries and the like.
DEBT COLLECTING Q & A
Dear Jim:
My company sold $3,200 worth of merchandise to another firm some six months ago. When I attempt to pursue payment I learn that the person who placed the order has left and the company claims not to have ordered the product and refuses to pay. What do I do?