Questions & Answers

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• Creditors' Rights 46: As a small business owner I am wary of extending credit to certain customers. But my business depends on it. How can I offer credit to customers and at the same time protect my interests?

• Creditors' Rights 45: I’ve recently heard of a company filing a Chapter 22 Bankruptcy. What is a Chapter 22 and when would someone file that?

• Creditors' Rights 44: I have sent several bills to a customer and have not heard anything back. The customer’s late fees are adding up and I’m becoming concerned that I am not going to get paid. How do I start the collection process?

• Creditors' Rights 43: Is there a way to protect myself from a customer filing bankruptcy and sticking me for a balance?

• Creditors' Rights 42: I’d like to begin to eliminate sending invoices by “snail mail”. What are some ways I can do business through the internet and what are some important things I should include in the invoice to my clients?

• Creditors' Rights 41: What are some of the requirements that my credit manager should include in a commercial credit application?

• Creditor's Rights 40: How can I predict if a credit applicant is likely to pay?

• Creditor's Rights 39: A customer who usually pays on time has fallen behind on his payments. He is a good client and I’m hoping that he just may have forgotten. I would like to call him but I am unsure of how I should approach this situation. Should I wait a few extra days to see if the payment is in the mail?

• Creditor's Rights 38: I’ve used the Get P.A.I.D.® System and have decided to grant credit to a new customer. What are some exceptions with regard to credit limits and discounts that I can offer?

• Creditor's Rights 37: A customer of mine has failed to pay. We have no other choice but to file a suit in court in hopes to get some of our money recovered. What are some of the outcomes that may occur from litigation?

• Creditor's Rights 36: I’m a business owner and have received credit applications from several potential clients. How do I differentiate between the “honest customers” and the “credit criminals”?

• Creditor's Rights 35: I have a responsible credit policy for my company and have solid relationships with all my customers. What else can The Get P.A.I.D.^® System help me accomplish?

• Creditor's Rights 34: Who is the best person to be responsible for explaining credit terms to the customer in advance of delivery?

• Creditor's Rights 33: I’m worried that certain customers won’t pay on time while I have very loyal customers who never miss a payment. Should a late fee be built in to my credit policy?

• Creditor's Rights 32: What are some suggested provisions for the terms I should be including in my credit agreement in order to protect my rights against a defaulting credit customer?

• Creditor's Rights 31: A company has an outstanding bill and I’ve called several times but to no avail. I’m hoping to avoid legal action, what should I do?

• Creditor's Rights 30: What steps should I take in creating a credit limit for new clients?

• Creditor's Rights 29: How can mediation help me settle a dispute?

• Creditor's Rights 28: What should I do if my customer does not pay when due?

• Creditor's Rights 27: I’d like to ask my credit customer for a Letter of Credit from their bank, but I want to make sure that I’m properly covered. What should I do to make sure I am?

• Creditor's Rights 26: What is a ‘Payment Gap’?

• Creditor's Rights 25: Our company was unsuccessful in attempts to recover a debt from a customer, even after a strongly worded letter*. Would it make sense for us to go to an outside recovery source?

• Creditor's Rights 24: One of my customers recently passed away. There is a large balance still due on his account. How do I approach this situation to increase my chances of collecting on this account?

• Creditors' Rights 23: What is the best way to establish a credit policy and credit lines?

• Business Law: Insight on Effective 2007 Credit Policies for Businesses

• Creditors' Rights 22: Predicting if a Credit Applicant is Likely to Pay

• Be Careful How You Dispose of Old Records

• Benefits of Expedited Foreclosure System ©

• Creditors' Rights 21: Collecting Debt

• Creditors' Rights 20: Getting Paid

• Creditors' Rights 19: Trained Mediator

• Creditors' Rights 18: Credit Radar Screen

• Creditors' Rights 17: Recommended Websites for Finding "Disappearing Debtors" and Their Assets

• Creditors' Rights 16: Reviewing Sales and Credit Contracts

• Creditors' Rights 15: Credit and Collection Policy

• Creditors' Rights 14: Credit Losses

• Creditors' Rights 13: Payment Terms

• Creditors' Rights 12: Reviewing Customer Contracts

• Creditors' Rights 11: Winning a Judgment in a Case May Be Just the Beginning

• Bankruptcy 2: Locating the "Disappearing Debtor"

• Bankruptcy 1: The First Step

• Creditors' Rights 10: The New Bankruptcy Law and Commercial Lease Laws

• Creditors' Rights 9: The New Bankruptcy Law and Creditors

• Technology

• Creditors' Rights 8: Customer Delinquency

• Collections

• Creditors' Rights 7: Chapter 22 Bankruptcy

• Creditors' Rights 6: Discovering Assets

• Creditors' Rights 5

• Creditors' Rights 4

• Creditors' Rights 3

• Creditors' Rights 2

• Commercial Leasing

• Ensuring Collection on Accounts Receivable

• Finding Out About a Customer's Bankruptcy

• Granting Credit on Open Account

• Creditors' Rights 1

• Battle of the Forms

• Extending Credit While Protecting Your Interests

• Bankruptcy Priority

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