 |
|
 |
|
 |
|
 |
|
 |
|
 |
===============
Our Subscribers Say...
"Being a part of the Credit Today online community is like having the expertise of hundreds of credit managers at your fingertips. These credit execs are willing to help you solve topical business issues as they arise. In the current environment of ever increasing competing priorities which reduce our opportunities to meet peers out of the office face-to-face, this is the most valuable tool you can have on your desktop! It's important that we have a mechanism to reach out to our counterparts quickly to exchange knowledge as well as to stay on top of industry trends."
- Victoria Artis, Director of Customer Financial Services, Pfizer, Inc.
"Over the last 10 years I've seen Credit Today evolve from a monthly credit publication into a quality source of information and guidance for the B2B credit community. The website, with its user friendly form downloads, will take you from examples of new account credit applications to bankruptcy forms and everything in between.
The Credit Today ListServ has become the pre-imminent online forum, providing an opportunity for discussion and comments (and occasional humor) from an impressive list of credit professionals."
David Dungan, Director of Credit
Justin Brands, Inc. (A Berkshire Hathaway company)
Fort Worth, Texas
"There are numerous credit periodicals available to the credit professional today. How good is Credit Today? Is it relevant? I always have to read it late, or online because my credit analysts want to read it the minute it comes in. When my staff wants to read a publication before I have a chance to read it then something is working in that publication. We have cancelled our other subscriptions. When you have the best you do not need the rest."
Ron Woods
Corporate Credit Manager-World Wide
Thales Navigation, Inc.
"The newsletter, coupled with the website and the ListServ, are to us, more valuable than any other credit publication, bar none. I try to use at least one article out of each newsletter for departmental training/discussion sessions."
D. Mark Constantine
Corporate Credit Mgr
Fulton Paper Company
"I love Credit Today and read every issue cover to cover. For me, the greatest perk of a subscription is ListServ. I believe Credit Today's ListServ members may be the most knowledgeable Credit brain trust in existence today. I have saved and categorized hundreds of contributions on a wide variety of topics which I refer to often. It's an easy and cost effective way to network and learn."
Doug M. Thomas
Kimberly-Clark Customer Financial Services
"As a corporate credit manager with over two decades of experience, I consider Credit Today to be one of the best credit newsletters. Whether it is because of Credit Today's management, its distinguished panel of advisors, or the caliber of Credit Today's subscribers, it would be fair to say that some of the best and brightest minds in our profession are represented. The credit issues, technologies, news, credit department profiles, etc. are interesting and useful. Credit Today is a valuable reference and communications tool which I look forward to reading each month."
Paul Brunner
Corporate Credit Manager
Mitsubishi Electric Automation, Inc. |
|
|
 |
Legal Issues Today
That the law governing credit is complicated comes as no surprise to credit managers. Credit Today is unsurpassed in explaining complex legal issues and translating often obscure legal language into terms that shed light instead of shadow. Here's what you need to know about liens, contracts, personal and corporate guarantees, UCC issues, security interests, PMSIs, battles of forms, managing lawsuits, antitrust issues and much more!
|
Oral Guarantees - Enforceable or Not?
Roger Blink, owner and operator of Blink Productions, thought he had everything ready to go for his next epic film. Script, cast, and sets had been approved, rehearsed, and arranged. The project was only a day away from going into production when Rog . . .
keep reading
|
Duty to Read
Credit Manager Tom Wright was skeptical about Sam O'Brien, a new prospect being touted as a potential major customer by the sales rep. O'Brien Distributors, Inc., was clearly a fast growing operation and current suppliers were reporting good payment . . .
keep reading
|
Attorney Fees for International Collections
Retaining attorneys to handle foreign collections can be a challenge. Our office handles numerous claims that have to be referred overseas, and we have experienced a large divergence in the results due not only to the attorneys that we retain but to . . .
keep reading
|
Repossession - Who Owns the Collateral?
Prior to the enactment of the Uniform Commercial Code (UCC), common law provided that when a creditor repossessed collateral covered by a security agreement title normally passed directly to the creditor. The UCC changes that concept radically. When . . .
keep reading
|
Assignments for the Benefit of Creditors
Crispin Creations had been a reliable customer of Harry & Sam's Processing Center for years. So Harry and Sam were inclined to be patient when Joe Crispin took Joe, Jr., in as a full partner, and Crispin Creations seemed to be going through some turm . . .
keep reading
|
Attachments
"Have you been able to talk to Richard Butler about a pay-out plan on the $15,000 that he owes us?" Eric Black of Black Distributors asked Joe Morris, his finance manager. "No, Eric, I haven't been able to reach him," Joe replied. "I called him s . . .
keep reading
|
Guerilla Settlement Negotiations
The keys to successfully negotiating a settlement with a problem customer, like any other negotiations, are preparation, careful consideration of all the facts and circumstances, and plain old fashioned common sense. Here are seven guidelines offered from the perspective of a creditors' attorney that will always serve you well in negotiating with debtors: . . .
keep reading
|
Retention of Settlement Checks
After Mabel purchased a home through a foreclosure sale by the first mortgagee, she offered the second mortgagee $9,000 in satisfaction of the $30,000 remaining on that obligation. Her offer stated in part that a check was enclosed, and that retentio . . .
keep reading
|
Agreements of Guarantee
Tom Carling had been retired in Florida for three years when he began to hear disturbing reports about the company where he'd spend his career as a partner/manager. Sales were off significantly, several lawsuits were pending against the company for d . . .
keep reading
|
Negotiable Instruments
Phil figured it was his lucky day. He needed a copying machine, and he'd just happened to run into Charlie, an old friend who was closing down his business and had a machine to sell. It was hardly used, Charlie assured him, and for Phil, he'd let it . . .
keep reading
|
Getting the Correct Name
Suits must be instituted against the proper party, whether it is a business or an individual. If you institute suit against an incorrect name, the judgment will be filed against that name, and you will be unable to execute on the judgment against the . . .
keep reading
|
Collecting From Joint Ventures
Credit Manager Wiley McLean okayed a first delivery of materials on regular 30-day terms to Contractor Tom Reynold's new jobsite without hesitation. Reynolds was a small but established customer with a good payment record. It crossed Wiley's mind tha . . .
keep reading
|
Cashiers' Checks
Paul Stymie had Dick Rufus in a tough spot, and he knew it. Dick had lost most of his regular customers at his boat yard when a storm filled the river channel with sand. Dredging would take a year or more, and meanwhile Dick was being besieged by his . . .
keep reading
|
|
|
|
 |
This month's topic: Processing of Credit Applications
Click here to participate!
We're examining:
- What information is being captured on credit applications
- What additional information is being requested during the credit app process (such as personal guarantees, financial statements, resale certificates, etc.)
- What the primary challenges are relative to the processing of credit apps
|
|
 |
|
 |
|
 |
|
 |
|
March 2010
|
|
| S |
M |
T |
W |
T |
F |
S |
| |
1 |
2 |
3 |
4 |
5 |
6 |
|
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
14 |
15 |
16 |
17 |
18 |
19 |
20 |
|
21 |
22 |
23 |
24 |
25 |
26 |
27 |
|
28 |
29 |
30 |
31 |
|
|
|
|
|
|
 |
|
|
Webinars
About our ListServ