Savvy credit grantors track the aging of their Accounts Receivable. This enables them to determine the financial health of their customers. They categorize them according to how long invoices have been outstanding. If an Accounts Receivable Aging Report shows that a customer’s receivables are being… Read More ›
business debt
Upfront Identifiers Key to Collecting Overdue Receivables
We recently wrote about the “Top 7 Pitfalls to Avoid with Overdue Receivables.” Not following the tip given to us recently by Mason, Schilling & Mason Co., LPA, could add Pitfall #8: “Not getting all the personal and business identifiers… Read More ›
Types of Attorney Fees and Court Costs
Today’s blog was written with the help and expertise of James Kozelek, Shareholder/Partner, Weltman Weinberg and Reis*, one of The National List’s largest law firm members. Our editor, Marti Lythgoe interviewed Jim by phone on 8/25/17. Our forwarders often ask… Read More ›
Collect an Overdue Account – Keep a Customer!
“Customer satisfaction” is probably most often associated with a sales process or a product or service purchased by a consumer. Unfortunately, it is also something creditors can be afraid of losing when it comes to collecting on overdue accounts. Small… Read More ›
TILA Emphasis Is Shift from “Let Buyer Beware” to “Let Seller Disclose”
The Truth In Lending Act (TILA) requires “meaningful disclosure of credit terms,” which translates to “simple and easy-to-read.” TILA applies to most types of credit, including closed-end credit—such as an auto loan or mortgage, or open-ended credit—such as a credit card. TILA does… Read More ›
What Exactly Is a Judgment and How Does It Benefit Me?
Today’s guest blog was contributed by Lisa H. Haster, Esq., Of Counsel/Marketing Director for Gurstel Law Firm P.A. Over a series of 4 blogs, she is walking our readers through the processes that can be expected before, during and after… Read More ›
Is Your Credit Application Sufficient?
Today we’re posting a guest blog written by Dean Kaplan, President of The Kaplan Group, a commercial collection agency and consulting firm, and a National List client. One of the most common mistakes business owners make is failing to properly… Read More ›
NL Member of 40 Years Is Given CLLA’s Prestigious Robert E. Caine Leadership Award
The National List of Attorneys congratulates Paul I. Mendelson, founder of Mendelson Law Firm in Memphis, TN, and a member of The National List for more than 40 years, for being the 2016 recipient of the CLLA’s prestigious Robert E…. Read More ›
Commercial Bankruptcies Up! Debt Collection Down?
One of my favorite restaurants, Sweet Tomatoes/Souplantation (parent company Garden Fresh Corp.), recently sent me an email saying they had closed their doors. I checked their website for other locations, only to find that they were no longer in Utah… Read More ›