MNS Credit Management Group
MAY 25, 2023
The main purpose of debt collection in any country is to find an amicable and smooth settlement of dues between a debtor and a creditor. However, in Indonesia, there are no specific rules regarding debt collection service companies. This also explicitly states that use of force in any debt collection activity is prohibited.
Your Virtual Credit Manager
AUGUST 22, 2023
The bad news is that nearly 21 percent of last year’s startups will fail this year leaving you with a bad debt on your books if you sold to them on credit terms. This is why age is an extremely important consideration when extending credit. YVCM was launched in February, 2021, and has since grown to over 6,000 subscribers.
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Your Virtual Credit Manager
SEPTEMBER 12, 2023
Processing Delays There are several AR activities that often take longer than they should and therefore cause delays: processing credit applications, approving orders, generating invoices, and posting payments. Credit evaluations, however, often take time. YVCM was launched in 2021 and continues to grow. Offer ends 9/30/23.
aptic
JANUARY 17, 2022
In fact, an Aptic survey* on the state of credit management has revealed that 29% of companies are dealing with more late or unpaid invoices during the pandemic. To limit the impact, many are intensively reworking their credit management procedures. of respondents already adjusted their credit management procedures last year.
RMAi Blog
MAY 12, 2023
Nat’l Credit Sys. , 26, 2023) A consumer filed for Chapter 7 bankruptcy, listing past-due rent he owed, and was subsequently granted a discharge. A debt collector unaware of the discharge, allegedly due to a bona fide error, sent several collection letters to the consumer regarding the past-due rent. 2190 (2021)].
Collenda
MARCH 3, 2023
Despite insolvencies temporarily falling during the height of the COVID-19 pandemic, the Office of the Superintendent of Bankruptcy (OSB) recently reported a rise in the number of business and consumer insolvencies being filed, up 35.9% and 19.6%, respectively.
Lendio
DECEMBER 13, 2022
Speaking of taxes, if your business employed workers through pandemic slowdowns in 2020 and 2021, you may be eligible for the Employee Retention Tax Credit, which can net you up to $26,500 in tax credits (and even a refund?) Bankruptcy Lawyers. Collection and Repo Agents. per employee. Funeral Services.
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