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  • Legal insights on minimizing exposure to bad debt and maximizing recovery efforts

    In this webinar you will learn: What information should you gather from new customers?, The importance of documenting, How can you identify opportunities for recovery?, and What remedies might the law offer?

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    Related content: Legal Remedies

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  • What are the 4 C's of Credit Granting?

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    Character - the desire to pay when debts are due, Capacity - the financial ability to pay debts when due, Capital - the logn-term financial strength to pay, Conditions - factors that affect the debtor, over which they have little or no control

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  • Become A Cost Saving Hero For Your Organization

    Archived Webinar

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  • It's Time to Talk Money: What Credit Professionals need to know about financial hiring and getting hired today

    Archived Webinar
    Discussion topics will include: Trends driving financial hiring, In-demand positions and skills for credit professionals, How employers can attract and retain top performers, Tips for navigating today’s job market, What matters to millennials

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  • International Debt Recovery, Legal Obstacles & Strategies

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Common Credit Management Terms

  • Personal Bankruptcy - Summary Administration
    A Summary Administration applies to individuals whose realizable assets are estimated at less than $10,000. The Summary Administration of a bankruptcy estate is a simplified procedure in which, for example: - there is no publication of the notice of bankruptcy in a local newspaper; - a meeting of creditors is only called if requested by creditors and according to certain conditions; - no inspectors are appointed unless the creditors decide to appoint them; - joint assignments are permitted; - the trustee's fees are prescribed; - the trustee is discharged without a court appearance, except when a creditor or the Superintendent opposes the discharge.

    All Glossary Terms

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