blu27

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So far blu27 has created 4 blog entries.

When do I place my delinquents?

Most of the companies that give out credit terms, give their customers Net 30 terms. Some credit grantors give out terms of Net 10, Net 15, Net 60 days or even Net 90 days.

The vendor offering Net 10 can not wait the same amount of time to place for 3rd party collections as the vendor […]

By |November 13th, 2014|Information|Comments Off on When do I place my delinquents?

How can I protect myself?

If you have no lien rights and no right to file a UCC filing and your terms are Net 30 (like most unsecured creditors), then a timely placement will be the next action needed to secure yourself. A timely placement of your commercial bad debt is¬†incredibly important, as the age of the receivable will be […]

By |November 13th, 2014|Information|Comments Off on How can I protect myself?

Can I enforce a UCC?

UCC-1 filings are indeed a great tool to utilize; however they are not guaranteed or fool proof. So please be careful.

When a UCC-1 is utilized it is imperative that the assets being listed or used as collateral be identified clearly and specifically. If not, then the assets/items that are not specifically identified in that UCC […]

By |November 13th, 2014|Information|Comments Off on Can I enforce a UCC?

Do you need to foreclose on a lien?

If you need a lien of any-sort to be filed for you or if you are not sure if you have lien rights, feel free to call us to discuss your scenario.

But if you already filed a lien or you have a Judgment Lien on an asset and you need assistance from a local attorney […]

By |November 13th, 2014|Information|Comments Off on Do you need to foreclose on a lien?