Archive for the ‘Finance and Business’ Category

postheadericon How to Collect Money From a Bad Check

How to Collect Money From a Bad Check

Three Parts:Collecting on a Bad CheckTaking Legal ActionAvoiding Bad ChecksCommunity Q&A Most check writers don’t intend to write bad checks, but everyone makes mistakes now and then. While it’s nice to think that collecting on a bad check is as easy as calling the check writer, one phone call may not resolve every incident. Understanding how to collect money from a bad check and when to escalate collection efforts will help you confidently handle this unpleasant and somewhat embarrassing task. Part 1 Collecting on a Bad Check 1 Contact the…

postheadericon How to Collect Money From People Who Owe You

How to Collect Money From People Who Owe You

Four Parts:Asking for the MoneyTaking Legal ActionReceiving PaymentSample Collection DocumentsCommunity Q&A When you loan people money, sometimes they don’t always repay. The debtor has broken a promise to you, and you should not feel bad about asking to be paid money you are owed. Whatever the reason for the original loan, when someone who owes you money is not paying, there is always something you can do. Sometimes they just need a simple reminder, but being prepared to escalate your requests effectively can make it more likely you collect with…

postheadericon How to Cold Call Effectively

How to Cold Call Effectively

Three Methods:Acing the Smile and DialMastering the Sniper ApproachCalling and EmailingCommunity Q&A Cold calling is easier than you might think. You’ll find out right away that when you pick up the phone, there’s no guarantee you’ll make the sale. However, if you don’t pick up the phone, you’re guaranteed not to! Many people don’t realize there is system behind successful cold calling. Keep reading to learn about three tried and true methods. Method 1 Acing the Smile and Dial 1 Develop a script. Work though in your mind what you…

postheadericon How to Collect a Judgment

How to Collect a Judgment

Five Methods:Encouraging the Debtor to PayGarnishing the Debtor’s WagesLevying the Debtor’s Bank AccountsPutting a Lien on Real PropertyLevying and Selling the Debtor’s Possessions at Public AuctionCommunity Q&A If you receive a judgment by a court ordering someone to pay you money, the court will not collect the judgment for you. You must collect it yourself. A judgment is not collectible until a particular time period has expired for the debtor to appeal the ruling. This is typically 30 days but may vary by jurisdiction. After expiration, however, you can move…

postheadericon How to Collect Car Repossession Deficiency

How to Collect Car Repossession Deficiency

Four Parts:Providing Required NoticeSelling the Car ProperlySuing for the DeficiencyGoing to TrialCommunity Q&A When you repossess a car, you have the right to sell it at auction or through a private sale. However, if the sale price does not cover the balance of your loan, then you can sue for the amount still owed to you. This is called the “deficiency.” To successfully sue, you need to provide proper notice to the borrower and make a commercially reasonable sale. Then, you can sue to recover the deficiency. Part 1 Providing…

postheadericon How to Collect Diminished Value

How to Collect Diminished Value

Three Parts:Learning the BasicsFiling an Insurance ClaimUnderstanding the Value of Your ClaimCommunity Q&A In an insurance context, “diminished value” refers to a vehicle’s loss of resale value after it is damaged, even if it is successfully repaired. A perfectly repaired car still loses value, because future buyers prefer a new car over the same model that was previously damaged and repaired. Whether or not you are entitled to recover for the diminished value of your vehicle depends on state law, as some states treat this theory of recovery differently than…

postheadericon How to Access Criminal Court Records

How to Access Criminal Court Records

Five Methods:Requesting Online Records from a State or County CourtRequesting Hard Copies from a CourtObtaining Records from a Federal CourtRequesting Records from an AttorneyObtaining Records From Other AgenciesCommunity Q&A Most criminal court records are part of the public record, so you can request them from local, state, or national agencies.[1] Note that in many states (eg California), regular citizens can’t request someone’s entire criminal record. The records for individual misdemeanor, violation, and felony convictions, though, are public. Criminal court records for one person can span jurisdictions, so you may have…

postheadericon How to Collect Back Child Support

How to Collect Back Child Support

Five Parts:Preparing to File an Enforcement ActionFiling an Enforcement ActionPreparing for Your HearingAttending Your HearingCollecting Your Child SupportCommunity Q&A When a parent fails to pay court-ordered child support, you can go to court to collect the back child support, called “arrearages.” Sometimes the state will automatically file an enforcement action to collect back child support, but at other times you may take the initiative. Even where a parent refuses to pay, courts have the power to garnish wages, put liens on property, and even jail a parent in arrears. Part…

postheadericon How to Collect a Court Ordered Judgment

How to Collect a Court Ordered Judgment

Four Methods:Contacting the Debtor YourselfSeizing Assets Using a Writ of ExecutionRecording a LienSuspending the Debtor’s Driver’s LicenseCommunity Q&A If you receive a judgment by a court ordering someone to pay you money, the court will not collect the judgment for you. You must collect it yourself. A judgment is not collectible until the time has expired for the debtor to appeal the ruling. This is typically 30 days but could vary by jurisdiction. After expiration, however, you can move to collect on the judgment. If the debtor does not pay…

postheadericon How to Close More Sales With Goal Setting

How to Close More Sales With Goal Setting

If you’ve been in the sales industry any reasonable amount of time, you’ve likely been exposed to goal setting, and may already use this valuable practice. However, you might be surprised to learn that many people are using goal setting strategies improperly (or ineffectively), thereby producing results that fall short of their true potential. Here’s how to maximize your goals to increase sales. 1 Be specific. The more specific your goal, the more likely you are to actually hit it. 2 Set Goals and Targets (and Know the Difference). Targets…