article thumbnail

Commercial Collection Agencies of America Announces Board of Directors

Account Recovery

Commercial Collection Agencies of America has elected its new Board of Directors and has announced the slate of officers of the organization. Board members include Pete Roth of CST Company, Fred Wasserspring of Lyon Collection Services, Inc., David Herer of ABC-Amega, Inc., David Herer of ABC-Amega, Inc.,

article thumbnail

Commercial Collection Agencies of America Announces Board of Directors 2022

Collection Industry News

January 5, 2022-Chicago-Commercial Collection Agencies of America has elected its new. Board members include Pete Roth of CST Company, Fred Wasserspring of Lyon Collection Services, Inc., Humberto Matz of Creditors Adjustment Bureau, Tom Claybaugh of Mountain States Commercial Credit Management, Inc.,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Personal Guarantees in Commercial Collection: How Helpful Are They?

The McHughes Law Firm

It is a prudent credit manager that attempts to obtain personal guarantees from the principals of an incorporated entity to which credit is being extended. In conjunction with the execution of a personal guarantee, the well-informed credit manager will also attempt to obtain a personal financial statement from the guarantor.

article thumbnail

Calling in the Collection Cavalry – How to Get the Most out of Your Collection Agency Relationship

AGA

From the Virtual Credit Manager. There will inevitably be a day when you realize your collection efforts are not getting a delinquent customer to pay their bill. The easy answer — refer the customer account to a Collection Agency when all else has failed to get you paid. What can you do?

article thumbnail

Who Should Use Commercial Debt (B2B) Collections?

Credit Management Company

This is where the commercial collection agency enters. Agencies work on a contingency basis - they only get paid when the debt has been collected. However, a commercial collection agency is unlike a consumer collection agency. B2B Collection FDCPA and Regulations. The end-target is different.

article thumbnail

A Guide to B2B Debt Collection

Payment Savvy

B2B debt collection services are offered through companies specializing in credit management. If your company has unpaid invoices, you will benefit from working with a collection professional who can efficiently recover this receivable. What Information is Shared with B2B Collection Agencies?

article thumbnail

Finding A Collection Agency: Part 1 - The 5 First Steps

Credit Management Company

Develop a debt collection agency list of characteristics. You’re dealing with your clients’ sensitive, personal information, and so is your commercial collection agency. Credit Management Company has the ability to resolve payment challenges quickly with superior communications.