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PICB’s Credit Tip – Who’s Your Valentine By Andrea Schlack, President PICB Have you been victimized by a customer who suddenly sold its company while still owing you money? Were you left bereft, a profitless victim without recourse? PICB’s Valentines Wish to You William Shakespeare wrote “A rose by any other name would smell as…
Have you ever wandered around in the darkness, in a new house, or a new place, looking for the bathroom, only to stub your toe on some object that you didn’t see coming? This is what it feels like for companies that have not taken the time to create a strong credit and collection policy.…
Printer Recovers $50,000.00 When PICB Bites Crime! Two years ago, a debtor conspired to use the bankruptcy code as a means to swindle his Printer out of substantial money, but Printing Industry Credit Bureau’s guard dogs stopped their plot by taking a bite out of their bone-headed plans. The Con The Debtor paid all the…
PICB Pricks Puffed-Up Excuses & Deflates Dumb Disputes Recently, a member sought the assistance of PICB to recover money owed from a customer who’s dispute reeked of flatulent falseness. Shortly after PICB made a demand for payment, the Customer made his own demand. He wanted the Printer’s insurance information so he could file a multi-million…
Crawly Critters and Credit Creeps: As Kafka stated in Metamorphosis, no matter the adversity cockroaches will always survive, therefore should you ever believe a won battle wins the war, you are wrong, the roaches will always survive. When it comes to things that scurry in dark places and at night, your best hope is to…
The Profitability of the Ho-Hum and Hum-Drum of Credit Practices Have you ever looked at your receivables and asked ‘Why bother’, stressing that your efforts are wasted? REMEMBER The majority of customers do pay timely – some may need extra prodding to get the money – and there will always be a small percentage…