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  • Casual Articles - Getting Paid! Determining the Debtor's Financial Status

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    Getting the Financial Answers
    • Payment schedule
    • Who makes the payments?
    • Why?

    Getting Good Money
    Money sources
    Cash
    Money Order
    Credit Card
    Debit Card
    Western Union
    Money Gram
    Allotment
    Direct Deposit (ACH)

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    As a parent, you may have experienced problems recently during and in the aftermath of the storms.’Communication difficulties … … you not able to get to work quickly, having to stay at home to work because of storms, floods, no transport, no electricity, events cancell
    What are the debtor’s assets?

    How can I determine what the debtor owns? First, you must determine what are the assets of the debtor. This basically means- If the debtor does not have cash, what do they own and could be sold to make up the amount that the debtor owes on their debt?

    Below is a check list for conducting an asset search.

    Historical Financial Standing
    __ Up & Down __ Steady __ Tragedy

    Current Financial Standing
    __ Job Status __ IFM Job Status __ Windfalls __ Home Status

    Future Financial Standing
    Tax Refund Job Bonus Commission Check Settlement
    Big Sale Family Health Moving Birth Death

    What assets are available to the debtor?
    Motor Vehicles
    Boats / Watercraft Planes
    Deeds of Trusts
    Tax Liens
    Judgments
    401ks
    Lawsuits
    UCC Filings
    Partnerships
    Inventory
    Owned Equipment
    Royalties
    Contracts
    Accounts Receivable
    Till Tap
    Bank Accounts
    Wages
    Other Income
    Stocks
    Bonds
    Wearing Apparel
    Animals
    Books
    Household Goods
    Musical Instruments
    Crops
    Appliances
    Tools
    Promissory Notes
    Patents

    Getting the Financial Answers
    • Payment schedule
    • Who makes the payments?
    • Why?

    Getting Good Money
    Money sources
    Cash
    Money Order
    Credit Card
    Debit Card
    Western Union
    Money Gram
    Allotment
    Direct Deposit (ACH)

    Overview of Home Equity Loan Concept
    Home equity Loan concept in simple terms means the difference between what your home is worth and the amount you owe on it. For most homeowners their home is their biggest asset and it usually represents a treasure trove of cash. Stats for the year 2005 show that the value of h
    a check list for conducting an asset search.

    Historical Financial Standing
    __ Up & Down __ Steady __ Tragedy

    Current Financial Standing
    __ Job Status __ IFM Job Status __ Windfalls __ Home Status

    Future Financial Standing
    Tax Refund Job Bonus Commission Check Settlement
    Big Sale Family Health Moving Birth Death

    What assets are available to the debtor?
    Motor Vehicles
    Boats / Watercraft Planes
    Deeds of Trusts
    Tax Liens
    Judgments
    401ks
    Lawsuits
    UCC Filings
    Partnerships
    Inventory
    Owned Equipment
    Royalties
    Contracts
    Accounts Receivable
    Till Tap
    Bank Accounts
    Wages
    Other Income
    Stocks
    Bonds
    Wearing Apparel
    Animals
    Books
    Household Goods
    Musical Instruments
    Crops
    Appliances
    Tools
    Promissory Notes
    Patents

    Getting the Financial Answers
    • Payment schedule
    • Who makes the payments?
    • Why?

    Getting Good Money
    Money sources
    Cash
    Money Order
    Credit Card
    Debit Card
    Western Union
    Money Gram
    Allotment
    Direct Deposit (ACH)

    5 Things Every Business Needs To Know About Packaging
    When you are getting started it's so hard to understand the integral role packaging has to play in marketing and selling your product. Put simply, it’s one of the most important product decisions you will have to make. There is a universe of packaging suppliers, materials and e
    Settlement
    Big Sale Family Health Moving Birth Death

    What assets are available to the debtor?
    Motor Vehicles
    Boats / Watercraft Planes
    Deeds of Trusts
    Tax Liens
    Judgments
    401ks
    Lawsuits
    UCC Filings
    Partnerships
    Inventory
    Owned Equipment
    Royalties
    Contracts
    Accounts Receivable
    Till Tap
    Bank Accounts
    Wages
    Other Income
    Stocks
    Bonds
    Wearing Apparel
    Animals
    Books
    Household Goods
    Musical Instruments
    Crops
    Appliances
    Tools
    Promissory Notes
    Patents

    Getting the Financial Answers
    • Payment schedule
    • Who makes the payments?
    • Why?

    Getting Good Money
    Money sources
    Cash
    Money Order
    Credit Card
    Debit Card
    Western Union
    Money Gram
    Allotment
    Direct Deposit (ACH)

    Dynamics of Work Environment
    The work environment is undergoing constant change, i.e. in factories, manufacturing units; production houses the work scenario and working condition is changing. Prolonged working hours, specialization of job profiles, technical complexities for jobs, increase in work pressure
    wned Equipment
    Royalties
    Contracts
    Accounts Receivable
    Till Tap
    Bank Accounts
    Wages
    Other Income
    Stocks
    Bonds
    Wearing Apparel
    Animals
    Books
    Household Goods
    Musical Instruments
    Crops
    Appliances
    Tools
    Promissory Notes
    Patents

    Getting the Financial Answers
    • Payment schedule
    • Who makes the payments?
    • Why?

    Getting Good Money
    Money sources
    Cash
    Money Order
    Credit Card
    Debit Card
    Western Union
    Money Gram
    Allotment
    Direct Deposit (ACH)

    Open Event Registration On Time
    When you're planning an event, timing is of essence and one deadline after another makes its mark on the calendar. Getting registration started is an early priority as people may lose interest if they can't register when they want to or they may have made other commitments by t
    es
    Patents

    Getting the Financial Answers
    • Payment schedule
    • Who makes the payments?
    • Why?

    Getting Good Money
    Money sources
    Cash
    Money Order
    Credit Card
    Debit Card
    Western Union
    Money Gram
    Allotment
    Direct Deposit (ACH)
    Deferment / Extension
    Due Date Change
    Check By Phone

    Getting the Payment NOW
    What is your contact schedule with the debtor?
    • When do they have the time in their day to talk to you?
    • Remove the distractions
    • Schedule the next contact time

    What is keeping the debtor from making the payment, RIGHT NOW?
    • Make time in your schedule
    • Remove excuses
    • Ask!

    Future Payments
    See beyond the end of the month Setup 2 payments at time Leave messages with EXACT contact information.

    Please keep in mind that different states have different laws. Please check with your legal concel for direction.

    As Always. Happy Hunting.

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