Browsing Tag credit and collections

300 Warrants Issued for Outstanding Debts

Yes, you read that correctly. 300 warrants!

The Ashley County Ledger recently ran an article titled Judge Pope Issues 300 Warrants for Those Who Have Outstanding Debts.

The article points out that similar efforts may continue on a quarterly basis as a way to entice folks to pay up. It also states that community service may be available for those who lack the ability to pay.

Click here for the complete story.

Do you think the judge made a wise decision?

January 29, 2009 By : Editor Category : industry news Tags:, ,
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Creative Collections Efforts

A company in Lithuania has sought the help of a “witch” to help boost collection efforts.

While, I’m not sure the move will have any true impact on the bottom line, it is great to see the creative juices flowing.

What creative measures are you taking during this turbulent time in the industry?
Gary Jensen
Editor collector mentor


Image on flickr c/o Joe Shlabotnik

January 19, 2009 By : Editor Category : misc Tags:,
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Jan/Feb issue of Collector Mentor now available

The latest issue of collector mentor is now available for download.

Not a subscriber? Visit our website for a complimentary copy or to subscribe!

December 28, 2008 By : Editor Category : industry news Tags:, ,
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The $0.01 Bill

An automated billing process caused a $0.01 overdue water bill to be sent to an Attleboro, Massachusetts consumer and warned of a potential lien against her home if the account was not cleared.

Read the whole story by visiting Blind Woman Threatened With Suit Over 1-cent on CNN.com.

How is your system set up? Do you bill for all amounts or just amounts over a certain limit?

December 17, 2008 By : Editor Category : rants & raves Tags:,
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Even Successful People Can Go Broke

Would you believe it if I told you that Abraham Lincoln, Walt Disney, and Henry Ford were once bankrupt? I didn’t think so. But it’s true!

A couple of days ago I came across an article on CNN’s website, Seven Famous People Who Survived Bankruptcy. Among those cited above, the list also contains Burt Reynolds, Milton Hersey, H.J. Heinz, and P.T. Barnum.

The story also points out other government officials who found themselves short on cash including: Ulysses S. Grant, Thomas Jefferson, and William McKinley. And, in addition to Ford, General Motors founder William Crapo Durant went belly up.

Are you aware of any other famous bankruptcy petitioners?

Gary Jensen
editor collector mentor

image on flickr c/o ~MVI~

December 2, 2008 By : Editor Category : misc Tags:, ,
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Another Positive Collection Story

Earlier this month we shared the story of Misty Kolva, a debt collector who received flowers from a consumer for her help in untangling a $80k bill. This was proof that positive collection stories do exist regardless of what mainstream media may lead us to believe.

Thanks to ACA International’s new initiative, Debt Collector Stories, it appears that we may soon hear positive stories on a more regular basis. Here is the first episode:

September 27, 2008 By : Editor Category : rants & raves Tags:,
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MDHBA Offers New Certification

The Medical-Dental-Hospital Business Associates (MDHBA) announced on Friday that it has developed a new certification for those involved with healthcare patient accounting.

According to the MDHBA press release, the Certified Patient Account Specialist (CPAS) “focuses on providing education and recognition for agency client personnel who are involved with patient balance accounts.”

The cost? $55 MDHBA Agency Member Clients/$85 Non-MDHBA Agency Member Clients.

Still interested? Be sure to brush up on your skills with the MDHBA CPAS Study Guide first!

Good luck!

Gary Jensen
Editor
collector mentor

September 22, 2008 By : Editor Category : rants & raves Tags:, , ,
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Debt Collector Helps Consumer, Receives Flowers

Most people send flowers when there is a funeral, an anniversary, or another special event, but a debt collector for Powell, Rogers, and Speaks received flowers from a consumer who had fallen behind bills.

It seems Misty Kolva helped untangle a $80k insurance mess to get the account paid and in doing so won the appreciation of the consumer who sent Misty a thank-you note and bouquet of flowers.

They’re lovely don’t you think? Way to go Misty!

Gary Jensen
Editor collector mentor

September 7, 2008 By : Editor Category : rants & raves Tags:,
2 Comments