Best Excuses that Debtors Have Used on Why They Did Not Pay Our Clients

The 5 Best (Worst) Excuses that Debtors Have Used on Why They Did Not Pay Our Clients

The 5 Best (Worst) Excuses that Debtors Have Used on Why They Did Not Pay Our Clients   We often talk about overly serious topics when it comes to our legal podcasts, so today we wanted to take a break and look at some of the best excuses that debtors have used on why they…

Debtor Reach Out to You Once the Account is Turned Over

What to Do if the Debtor Reach Out to You Once the Account is Turned Over

What to Do if the Debtor Reach Out to You Once the Account is Turned Over   When people come to us to help collect from a client of theirs that broke an agreement, we always advise that you refer all communication back to us. There are many problems that can arise if you try…

Collect the Balance That You are Owed, Do Not Deposit Paid in Full Check

If You Want to Collect the Balance That You are Owed, Do Not Deposit “Paid in Full Check”

If You Want to Collect the Balance That You are Owed, Do Not Deposit “Paid in Full Check”   We have recently seen a trend with some of our clients who ended up in litigation after receiving a check from their clients saying “paid in full” and here is our first piece of advice: you…

Know Who You’re Dealing with and How to Relocate Your Signed Contract

Know Who You’re Dealing with and How to Relocate Your Signed Contract

Know Who You’re Dealing with and How to Relocate Your Signed Contract   There is one piece of advice that we wish every client knew: always know who you are doing business with and get your contracts signed! If you think we sound like a broken record, you are not wrong, but it is shocking…

Wilson Cole spotlight

Wilson Cole Spotlight

Wilson Cole Spotlight By Rachel Woods   In this interview Ally Cole speaks with Wilson Cole on the secrets behind his success. For a little background on Wilson, he founded Adams, Evens & Ross more than 2 decades ago, and the company has grown into the nation’s largest credit and collection company exclusively for the…

Credit mistakes

Just in Case You Missed Our 7 Deadly Mistakes Webinar

Just in Case You Missed Our 7 Deadly Mistakes Webinar Everyone is busy, we understand that better than anyone, so if you missed our webinar on the 7 deadly mistakes people make in the staffing and recruiting collections industry, here is a quick recap on what you missed! The first mistake that we often see…

credit mistakes

The Two Out of the Seven Biggest Credit Mistakes

The Two Out of the Seven Biggest Credit Mistakes   If you know ourcompany, then you are aware that for the past 27 years we have been advising companieson what we call “the Seven Deadly Mistakes in collections”. These are the most common and serious mistakes that we have seen in credit collections. Recently, we…

Credit mistakes

The 7 Deadly Credit Mistakes

The 7 Deadly Credit Mistakes 1. The first and foremost mistake made by credit managers is their not requiring personal guarantees on the credited monies. In some cases, this is neither necessary nor practical, e.g., your client is The Coca-Cola Company. For monies loaned on credit to closely- held or medium-sized companies, the credit manager…

Debt Adjustment

Debt Adjustment: How it Works

Debt Adjustment: How it Works An important thing to understand is that any agreement or payment plan must go through the court system. This is not a punishment, but rather a safeguard that keeps both the lender and the borrower accountable under the supervision of the law. Once a company finds itself in too much…

collection specialist, recruitment agencies need it

[Collection Specialist] Why Recruitment Agencies Need It

[Collection Specialist] Why Recruitment Agencies Need It More times than not, a client will pay the staffing agency after they place an employee without any issues. Staffing agencies do, or really should do, most of the hard work in the beginning by drawing up a contract on how much the client will pay before entering…

Counter Suits and the Additional Safety Net of Adams, Evens & Ross Collection Review

Reasons for Counter Suits and the Additional Safety Net of Adams, Evens & Ross Collection Review

Reasons for Counter Suits and the Additional Safety Net of Adams, Evens & Ross Collection Review At any point in time, our company is dealing with about four hundred active lawsuits and three counter suits. Notice, our counter suits account for about 3% rather than the standard 10% of other companies. This is because we…

Getting a Credit App Filled Out First When Supplying Staffing

Going Old School: Getting a Credit App Filled Out First When Supplying Staffing

Going Old School: Getting a Credit App Filled Out First When Supplying Staffing One of the first steps you should take when signing on a new client to do contract or staffing work is to have them fill out a credit application. This may seem like an old school idea, but it is imperative if…