BizCreditPolicy: Understanding Debtors Archives

Understanding Debtors Archives

May29	The Begining of a Collection Call Michelle Dunn May 29, 2008 Know More: Making Collection Calls, Understanding Debtors, What makes a Good Collector? When you pick up the phone to make a collection call, you will have already checked out the customers account, but do you have an opening line?You will want to know what you are going to say before the customer... Posted at 1:06 PM \| Permalink \| Comments
May28	Handling emotional debtors Michelle Dunn May 28, 2008 When you make calls to customers that are past due, brace yourself for an emotional phone call. That emotion might be anger, embaressment, sadness and could entail crying, swearing and yelling.Be ready for this. Making debt collection calls is hard... Continue Reading Posted at 10:15 AM \| Permalink \| Comments
May20	How to Successfully Collect Money Michelle Dunn May 20, 2008 When doing debt collections for your business, now more than ever you need to have certain skills that will help you to collect more money.One of the most important traits to have is that you must be interested in working... Continue Reading Posted at 1:30 PM \| Permalink \| Comments
May19	Does your Company need a Check-up? Michelle Dunn May 19, 2008 As we struggle with our customer’s during this recession we may have to give our business credit policy a check-up. When you wrote your credit policy, most likely the economy was thriving, now that it is struggling your credit... Continue Reading Posted at 5:34 AM \| Permalink \| Comments
May10	Dealing with Debtors AFTER you place them for Collection Michelle Dunn May 10, 2008 I have a great question someone asked me this morning. This person is the debtor and did not respond to the creditor when they were trying to collect. The creditor placed the account with an attorney and here is the... Continue Reading Posted at 4:14 AM \| Permalink \| Comments
May 6	Dealing with Excuses! Michelle Dunn May 6, 2008 As you make collection calls you will be running into many excuses, you have to make sure you are ready for them if you want to get paid! Here is a scenario of how one call could go: Example: Debtor:... Continue Reading Posted at 5:30 AM \| Permalink \| Comments
	We all need Common Sense Should I use a Collection Agency? Your Credit Policy- How it works 50% of checks written are Consumer to Business Credit counseling can help you Get Paid Pre-Sale Paperwork does NOT kill a sale! Setting Up Payment Plans Consumer Confidence Lowest in 5 Years...Can you still Get Paid? Motivating your Customers to Pay The toughest question your customer will ever ask you…and how to answer it without getting into trouble. How to collect from a customer who doesn’t have a job How to maintain service levels when your customers can’t pay No Recovery until 2009 – How your Business can Survive Will you Collect More Money due to the Stimulus Plan? Handling a Non Sufficient Funds Check Will your Customers Pay You? Checking Credit Effectively! Will the Bush Administrations “Project Lifeline” help or hinder your business? How the Market Affects your Credit Policy Consumer Bankruptcy Filings Rose 40% in ‘07 Cyber Monday or Get into Debt Day What do you do if you’re late paying a bill? Debt Collection Questions Answered! Steepest drop in Home Prices in 20 years – How does this Affect your Business? How Countrywide Financials bankruptcy affects Business Owners Are you trying to collect past due rent or mortgage payments? The End of Easy Credit Tips for Closing a Collection Call Common Telephone Collection Mistakes and How to Avoid them Closing a Collection Call Efficiently Don't Buy Stuff you Can't Afford WHY did Imus become bigger News than the Soldiers Dying in Iraq? How to easily Get rid of non-paying customers once and for all. Little known ways to get paid quicker. The Ugly Truths about Collecting Medical Bills Debt collections on YouTube? What do Cats and Debtors have in Common?

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