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Win When Collecting Debt: Basic Practices

Collecting debt from clients is one of the most challenging tasks companies face today. The ability to settle these debts is detrimental to the company’s bottom line. Collecting is a skill, and there are techniques that greatly increase the percentage of successful collection. Why learn through trial and error when you could learn about preventative measures and the steps that make the difference when you are faced with a dispute.

On March 22 from 8 to 10 a.m. at the Cobb Chamber of Commerce, Neil Wilcove of Freeman, Mathis and Gary, LLP will present on the basic practices of collecting, including the importance of knowing your client before doing business, how to avoid chasing down debts, the inclusion of specific written contract clauses that deter clients from walking away from debts and the steps you should take when a dispute occurs.

He will also cover:

  • Preventative measures-How to avoid chasing down debts
  • When a dispute is erupting and important contractual deadlines
  • When to hire an attorney
  • Demand letters
  • How lawsuits work and judgment
  • Judgment discovery

The cost of the seminar is $20 for Chamber members online and $25 at the door. General admission is $40. Click here to register for the seminar. Admission is free for Chairman’s Club representatives and Executive Club representatives. The registration deadline is Wednesday, Mar. 21 at noon.

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