Tips for Debt Collecting Expert

Tips for Debt Collecting Expert (1)

Any response that could defer its demand for full and immediate payment can be met in several ways. Here are some suggestions that may improve recovery from his company in the past due accounts. Note that if you are not the original creditor, the sample responses set out below can not be applicatble such tests can be provided before additional contact and interrogations.

Can not pay.
• If this is a long-term problem, the solution would be to suspend the credit.
• If this is a short-term problem and the client is a good paying, offering a pay half now and the balance of a specific date. Be sure to verify the check is received and when specified by the amount specified. If the client breaks its promise to pay, then it's time to submit the account for collection.
• If this is a short-term problem and the customer is a bad payer, then it's time to suspend credit and submit the account for collection.

Already paid.
• If the check was sent more than ten days, request a new check.
• If the check is not received within a reasonable time, then it's time to submit the account for collection.
"Ask your bank to see if your check has cleared your account."
• If the check has cleared your account, ask for a fax of the front and back of the cheque.
• If the check has not cleared your account, apply for a new cheque.

Promise to pay.
• If the client is ready to give specific information about the payment, confirm this information with them and thank them for their promise to pay.
• If the customer is unwilling to give specific information, can have them. If you are talking to the right person and was told they do not know when they can pay, suspend its credit and submit the account for collection.

Will not pay
• If the customer is unwilling to clarify beyond any doubt the party or is unwilling to negotiate, submit the account for collection.