The Funny Side of Debt

“If you think nobody cares if you’re alive, try missing a couple of car payments.” – Earl Wilson 

Let us bring some light into debt situations: here are some money jokes.

“A businessman walked into a New York City bank and asked for the loan officer.  He said he was going to Europe on business for two weeks and needed to borrow $5,000.  The loan officer said the bank would need some security for such a loan.

The businessman then handed over the keys to a Rolls Royce that was parked on the street in front of the bank.  Everything checked out and the loan officer accepted the car as collateral for the loan.  An employee then drove the Rolls into the bank’s underground garage and parked it there. Continue reading

Don’t Fear the Customer

Don’t Fear the Customer

Posted on April 4, 2011 by Michelle Dunn

“Some business owners have had their business for months or even years and when I give talks about credit policies, credit limits, and credit applications, they say, “I never did any of that and I have so many customers that owe me money and are past due.”  Many think it is too late to do anything about it, or they are afraid to ask a customer for the money or ask them to fill out a credit application.  They think they will make the customer mad and lose the business.  If the customer is past due or not paying you, why do you worry about alienating them?  This is a customer you do not need.  If someone is not paying you, they are not helping you.  Wouldn’t you rather have a customer that pays you? Stop working for free.

If you have customers that owe you money right now, today, you can and should do something about it.  Add up how much money is past due or is not being paid, the dollar amount will shock you.  Now is the time to take action!” Continue reading

What You Have To Know Before Attempting To Collect Debt

WHAT YOU HAVE TO KNOW BEFORE ATTEMPTING TO COLLECT DEBT:

Federal Debt Collection Law Industry Guidelines

Have you ever been chased to pay debt?

Have you ever chased someone else to pay debt to you?

Chances are you have belonged to both camps at some point in your life.

Do you know that you are legally protected in both cases & you DO HAVE LEGAL RIGHTS? Continue reading