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Collections Agencies

Discussion in 'General Business' started by Blonde Jon, Jun 25, 2006.

  1. #1
    I half the time deal with customers who order product via purchase orders. I've never had a customer who wouldn't pay until now. They are about 6 months over due. Do any of you know of any good collection agencies or any other way I could get my money from these people, small claims court etc?

    Thanks
     
    Blonde Jon, Jun 25, 2006 IP
  2. lorien1973

    lorien1973 Notable Member

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    #2
    do you have a signed contract or anything that shows terms of payment, guarantees etc? if so, a collection agency has all they need to go after them. they usually only charge a % if they collect.
     
    lorien1973, Jun 25, 2006 IP
  3. Blonde Jon

    Blonde Jon Active Member Affiliate Manager

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    #3
    All that info is on our invoices. Which we've sent them 3 or 4 times. We also received an official PO faxed from this organization. If I said this companies name, everyone would know who they were. I've thought about starting a better customer bureau where people could rag on deliquent customers.

    If I went the collections route, does anyone know of a good one?
     
    Blonde Jon, Jun 25, 2006 IP
  4. Connections

    Connections Well-Known Member

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    #4
    collection agencys who are good will take a 30-40% cut in the money that is owed...

    I have dealt with some slow payers in my time...this is what i do:

    1. send them a invoice and letter stating they owe me the money
    2. Call them tlel them the moneys not here...
    3. Get to their front door step and start asking questions...
    4. send another letter saying a violent collection agency is now been involved...
    5. call with final warning
    6 contact collection agency
     
    Connections, Jun 25, 2006 IP
  5. GADOOD

    GADOOD Peon

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    #5
    Are you in organized crime, Connections?

    A violent collection agency indeed.

    What's the ammount we're talking about here anyway Jon, and have you actually reminded them about them owing you money?

    Pete
     
    GADOOD, Jun 25, 2006 IP
  6. Connections

    Connections Well-Known Member

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    #6
    luckily I have only had to send the violent collection letter once, its only sent to scare the scum who had not paid for 3 months. The funny thing is a few days after the letter was sent the $200 that was owed poped up in my account. Some times you have to lie a bit with scum who owe you money. Make up things such as using the term "violent" colleciton agengy? "Violent" in terms of verbal abuse only :D Have this as a footer in small font size 3 to the letter :D
     
    Connections, Jun 25, 2006 IP
  7. Blonde Jon

    Blonde Jon Active Member Affiliate Manager

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    #7
    I will have to check my records to get exact amounts, but I think it's between $1200 and $1400. And I have reminded them several times that they owe money. This last time we sent an email threatening to use legal action if they don't pay up.
     
    Blonde Jon, Jun 26, 2006 IP
  8. iowadawg

    iowadawg Prominent Member

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    #8
    Want the money quick?
    Forget the legal route...
    Keep this one word in mind:
    MOB
     
    iowadawg, Jun 26, 2006 IP
  9. bpcombs

    bpcombs Active Member

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    #9
    If you wish to collect money without using an agency, persistance is your friend. Call them regularly. If they're in your area, offer to come pick up a check.
     
    bpcombs, Jun 26, 2006 IP