Debt Recoveries
JUNE 1, 2021
Have a Credit Management Policy in Place. Have a credit management policy in place. Your terms should state that you will add your fees, charges, interest and/or legal fees after a certain time period. ?However,
The McHughes Law Firm
JUNE 22, 2016
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.
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