PICB's Monthly Digest of Sound Credit And Collections Practices

Printing Industry Credit Bureau 
www.picb-us.com  (847) 265-0400

Volume 5, May 2014

Dear Member,

Did you know that PICB has collected over $351,000 since the beginning of the year?  Did we collect for you?  Have you been duped into issuing credit to those who don't deserve it?  Why hold on to your bad debt when we can collect it for you?  Let us ease the headache of dealing with these deadbeats and get the money back in your pocket where it belongs!  Start the painless process with us here.

With much respect, 


Original Artwork by Marc. Art, Inc. mob5948@aol.com
Credit Tips  

How do you prevent Credit Pirates from stealing your gold?


Credit Pirates hide behind many masks and create multiple corporate identities to create confusion. Like the eye patches worn, these alter egos are intended to cause confusion and to prevent anyone from seeing truth. One name will hold the booty while the other inflicts the damages and neither are easily linked together otherwise their nefarious activities could be exposed, and their ships sunk. While both may share similar names, have a common address and generally have common ownership it is the victim's burden to prove the pirate is a pirate.


To avoid walking the plank use a good credit application. Don't  forget to check the facts.


Need to pirate proof your company? Click here for PICB's word formatted credit agreement that can be downloaded as is or changed to fit your needs. 


  Two Companies - One Passion: 
  Protecting Printers' Profits  

Collection Services 
PICB is the printing industry's dedicated commercial collection agency that has helped printers recover unpaid debts for over 35 years.  Our collection expertise, personal service, dedication, and intimate knowledge of the industry produce superior results at rates below industry averages.
From PICB's website, click Resources & Archives at the top of the page to find links to government websites with real-time, free information you may find helpful in determining a customer's stability or viability. These sites provide you the ability to verify business registrations, civil court records, lien information, and much more.

No time to research your customer's background?  PICB's sister company, Check It Co. can help. Check It Co's Credit Risk Assessments compile reports the old-fashioned way with hands-on, extensive research using 21st century tools.  Know your customer before you do the work. 

PICB's free web-based tool, located at www.picb-us.com near the center of the navigation bar, provides free access to our database of customers who haven't paid printers.  Look up your potential customer and see if PICB already knows them.  It may save you some heartache. 

Questions?  Call us any time at (847) 265-0400
For Collections, visit PICB: www.picb-us.com
For Risk Assessment, visit Check It Co: www.checkitco.com

Guaranteed Funds Save You Headaches

by Vin Ayden, Sr. Risk Manager



At Checkitco.com, our Credit Risk Assessment report helps you determine a customer's potential credit worthiness. How you elect to be paid is directly correlated to the risk score. Customers who score poorly may earn the suggestion "request cash in advance with guaranteed funds".


But what does this mean?  What are "guaranteed funds" and why is this a suggested payment method?  


Cash in advance simply assures you receive payment for a job before you spend a dime to produce it.  This prevents your raw materials and labor from being wasted on a customer who can't pay, and assures that materials and time are not diverted from paying customers.


Guaranteed funds means the customer pays with a cashier's check from their bank.  The bank accesses the customer's balance, immediately transfers the amount in cash to the bank's general account, and writes a check from the bank's general fund for the amount owed.  The check is guaranteed to clear because the money is coming from the bank's account, not your customer's account, and banks generally do not bounce checks.    


A word of warning: Postal money orders are technically "guaranteed funds", but are also the most commonly forged monetary instrument out there, so be wary of anyone volunteering to pay with or offering postal money orders.  Consider a policy prohibiting payment with postal money orders.  This protects you against postal money order fraud. Postal money orders are a huge red flag that someone operating outside the typical banking world, which usually spells trouble.  Suggest that the customer visit their bank to request a cashier's check.  Legitimate customers have a bank that can prepare a cashier's check with guaranteed funds. Don't take wooden nickels or postal money orders.  


Click here to order a Credit Risk Assessment 


Thanks for reading this edition!  Feel free to forward this to others.


Printing Industry Credit Bureau 
(847) 265-0400
Quick Links  
In This Issue
Credit Capers
Help Is Here
Your Staff at 
Printing Industry
 Credit Bureau

Andrea Schlack 

 Dennis Adams

Vice President
Collections Manager


Vin Ayden, 

Senior Risk Manager   Email Vin


Dan Comer

Vice President of Operations

  Email Dan






Don't let them  bite twice!


A partial list of Uncollected Judgments for MAY 2014. 

 Click here

to view the full list.


Alec W. Bowers dba Diat Concepts, Ltd.  



Andrew Eperi, Individually and dba Afrique 



Alex Fino dba SF Transport Services (PA)


Associated Air Products 



Berg Printing Enterprises, LLC dba Masterprint (WI)


Blue Ink



CCMP dba BerylMartin 



Christopher Nicholas Campos dba Campos School Portraits 



CMY&K Advertising



CMY&K Publishing



Dale Jaslove Ind dba Healthcare Construciton 



DBR Enterprises Inc & Anna Fregron as Personal Guarantor  



Desi Talk Inc (dissolved)

Hemant, Inc. (dissolved) 

Brahmbharr, Inc.




Direct Media Marketing, Inc. 



El Sol Newspaper 



Emory Lithoof Nassau LLC



Ewa Kuchino dba A to Z Media Graph (dissolved) 



Frank Finocchiaro individually & T/A LBT Systems & LBT Systems, Inc.



First Fruits Beverage Company 



Gregorys Furniture & Mattress LLC



Hi India, Inc. 



Higher Standard Entreprises Inc dba Intouch Publishers.com



Hip Hop Weekly Entertainment, inc. 



Home Video Studio, Inc. 



Hometown Heating & Cooling, Richard E. Fox, individually



Indian Hill System Inc, Robert Kelly



 Jeffrey Samuel Perry dba Chicago Salon & Day Spa



Jill Morgenthaler for Congress



Jim Weems dba J Print Services



Joseph D. Rinder dba Beltone Hearing Aid Center, and individually



Karry Matheson dba Matheson Custom Print, and individually



Kenmar Stationary



Kristys Moore a.k.a. Kristys Waggoner dba Orion Publishing



Lester Bafia, individually and D Mega Force Productions, Inc. 



Lisa Dote dba G Graphics and dba Print This, and individually



Lori Hutchings dba Kangaroo Cardio and Kendra Meeker dba Kangaroo Cardio



MBL Communications, Inc. 



My Mothers Invention



















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