Commercial Collections Blog

Get the Most of Your Business

As we move through the steps of partnering with Burt & Associates for all your commercial collection needs, I am going to talk a little bit about trust.We know that partnering with a 3rd party service provider can be a little intimidating and scary.You aren’t sure who you can and can’t trust in the business world, and I’m here to tell you that you we will earn your trust from day 1.

As a partner of Burt & Associates, we want to help you get the most of your business and to do that, we must completely earn your trust.We will take the time and effort to sit down with you and get to know all the aspects of your business and what is most important to you.With our focused attention on your commercial collections and our specialized skill sets, we will help you recover all the money that is owed.As an SAS70 certified company, we stand behind all of our processes and want you to feel as comfortable as possible in our relationship.

Call me right now!I’ll get you all the information you could possible need on Burt & Associates and how we can make a difference in your commercial collection issues.

With warmest regards,

Jerry Curtis
Presiden & CEO

Educational Tidbits For Today’s Credit Executive
Collecting Past-Due Bills

Whenever the economy slows down or has trouble regaining its strength, credit and finance executives may notice troubling signs of a slowdown in payments from debtors. Slow-paying accounts can cost creditors extra time and money in collection attempts, fees for collection agencies and legal costs. All of this can be a drain on the company’s cash. Therefore, it is essential that those in charge of the credit/collectionfunction take extra care to make sure statements have clear payment terms on them. They must also make prompt phone calls on late-paying accounts and properly log all correspondence with debtors, noting the day and time each customer is called.Need assistance in developing an efficient and effective collection policy? Call 1-800-755-7111.

The Credit Manager’s Q&A Corner

Question: Explain under what conditions a settlement of adversary proceedings is advisable.

Answer: While adversary proceedings are sometimes needed to recoup claims, if the legal expenses involved in an adversary proceeding turn out to be more than the potential payments, it is advisable to settle without resorting to such proceedings.

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