Archive for September, 2011
How Best To Deal with Debt Collectors
Most people deal with debt collectors in a hostile manner. This is probably because of their embarrassment or simply because they do not want to pay the overdue bill. But remember that delaying the payment process and having and conversing rudely with the debt collectors may just worsen the situation. Some may even use your [...]
Filed under Business,Credit and loans, September 14th, 2011How Best To Deal with Bad Debt Recovery
Bad debts are one of those possible problems that a good businessman predicts. These are technically accounts receivable which will be written off as they have less chance to be collected. They would appear under the expenses of the company in its income statement, which then reduces the profit. As bad debts are inevitable, most [...]
Filed under Business,Credit and loans, September 7th, 2011