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Introducing Debtor Daddy for Bookkeepers

Debtor Daddy

It’s the first time we have tailored our debtor management solution to focus on a particular business market. A growing list of bookkeeping customers prompted Debtor Daddy CEO and co-founder Matt McFedries to develop ‘Debtor Daddy for Bookkeepers’. Hayley Wilson, My Two Cents.

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How do you manage debtors effectively?

Debtor Daddy

Most businesses are not managing their debtors effectively and efficiently. The good news is that we’ve learned how to make debtor management easy, time-efficient and highly effective for any business. The good news is that we’ve learned how to make debtor management easy, time-efficient and highly effective for any business.

Debtor 97
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How to Negotiate with Your Debtors

JMA

When dealing with debtors who are unwilling or uncooperative, negotiating is a critical step in collecting what is owed and can prevent the situation from escalating into a legal battle. Read more » The post How to Negotiate with Your Debtors appeared first on JMA Credit Control.

Debtor 52
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Eight Signs a Customer Is Becoming a Problem Debtor

AGA

How to Rehabilitate a Debtor and Save a Profitable Customer By David Schmidt courtesy of Your Virtual Credit Manager Business customers pay for the goods and services they purchase from other companies. Problematic customers, or debtors if you will, are much less profitable and more likely to cause a bad debt loss.

Debtor 40
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Is your debtor using you as ‘creditor financing’? Stop it now.

Collections Law

When you have a commercial debtor who won’t pay but stays in business, they’re using your money to stay afloat. Your debtor claims they cannot pay (“CANOPS”), but they’re still in operation. We may also seek a pre-judgment attachment on certain assets, without notice to the debtor. We called this “creditor financing.”

Debtor 52
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My debtor put all his assets in a trust. Are they out of reach?

Collections Law

When a debtor claims they can’t pay, we know how to investigate the debtor and find out where the money went. In some cases, debtors intentionally try to keep their assets out of the reach of creditors, and an irrevocable trust is a popular way of going about it. These trusts are sometimes called “creditor-resistant.”

Debtor 52
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My debtor is collecting on his debts. Can I go after that money?

Collections Law

If you have a judgment against a Massachusetts commercial debtor, it may surprise you to learn that the courts don’t unilaterally enforce judgments. It’s even more maddening when your debtor continues to operate, paying bills, ordering new things, and collecting on the debts owed to them. Can I go after that money? Cohen LLC.

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