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As Nancy and I have continued to attend many overseas international credit and collection conferences, I am always delighted to experience the sights, sounds and culture of the countries we are visiting. And as I've encouraged many colleagues in the past, one of the key areas to pursue is international collections, not only to represent overseas creditors against domestic debtors, but to support domestic creditors with their overseas collections as well.
In establishing new relationships with collection partners overseas, it's always a good idea to read and learn a little bit about the history and culture of the country of the collection professional with whom you're working. You'll often find that understanding the collection process and the legal system of your counterpart is reflected in the general way of their thinking and doing business within that country.
The ALQ Directory has quite a number of overseas listees who I have come to know and appreciate, and I can assure you that taking the time to understand more about their country and culture will greatly enhance your business relationship.
Thomas W. Hamilton
What to do when your flight is canceled
The standard advice is to "call your airline" and check online, or sign up for text alerts from your airline. But that doesn't always work.
Commercial Collection Agency Association releases Q4 placement figures
Annette Waggoner, executive director of the Commercial Collection Agency Association of the Commercial Law League of America, reports that in the fourth quarter of 2013, the number of commercial (B2B) accounts placed with CCAA members decreased slightly by 5.70 percent when compared to third quarter of 2013. The dollars placed for collection increased by 4.13 percent for the same periods compared. Members report that their average sized account rose by over 10 percent.
Why must we send a witness?
by David E. Greenberg
For those of us in the debt collection industry, it is not unusual for us to request a qualified witness to support a contested litigation, but be stymied by the creditor's reluctance to provide a witness for depositions and trial. Many clients both domestic and foreign just don't understand the need; this article should help give them a better understanding of both the necessity and the process.
Occupy Wall Street offshoot purchases, abolishes millions in bad debt
By Jonathan Wolfe
Remember Occupy Wall Street? Among other things, Occupy was criticized for failing to identify and pursue any concrete goals. Strike Debt was formed as an Occupy offshoot. Unlike the movement that brought them together, Strike Debt has a clear, defined purpose: writing off debt. The group has used over $700,000 to purchase and write off nearly $15 million in bad debt.
Pennsylvania firms: Accounting changes could cost legal industry billions
The Legal Intelligencer
While law firms are increasingly modeling their business practices after their clients', one they have not been interested in mimicking is the accrual method of accounting. But it may be coming.
Are some workers 'too cute' to employ?
A yoga instructor and massage therapist claims she was fired from her job for being too good-looking for her boss and his jealous wife.
What some debtors will do to create the illusion of having paid
According to author By Lou Figueroa: In my 35 years as a collection professional, I've seen my share of ploys by debtors who have attempted to fraudulently prove that they have paid or to try and maneuver out of their payment obligation. Let me share some of them with you.
|What our clients have to say:
I would like to thank Judy Taylor and the ALQ staff for their help to remedy a recent problem. We have used the ALQ for many years and have been very pleased with their prompt and helpful service. We intend to use the ALQ's service for many years to come. Thank you again for your assistance and positive outcome.
— Ginny Dobson-Reel, Manager, Madison Avenue Associates Inc., Indianapolis
Our firm has been a listee of ALQ for over 25 years. ALQ has actively promoted the services of our firm for each of those years. Without reservation, I would recommend ALQ to any potential listee.
— Edward F. Bukaty, III, Attorney, Metairie, La.
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