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Printing Industry Credit Bureaupicb-us.com
Phone: 847-265-0400 
Fax: 847-265-4377 
 
NOV.  2015
ISSUE No. 22
"It takes many good deeds to build a good reputation, and only one bad one to lose it."
-Benjamin Franklin

Do you know where your money is?

Start the painless collection process at PICB-US.com 

Get your Credit Risk Assessment at  


HAPPY THANKSGIVING FROM 
PICB AND CHECKITCO TEAM!
 
Granting Credit is not rocket science, it is the art of determining Risks vs. Reward by using common sense to determine who should be trusted with credit and who should pay cash.

              
"24-ISH"

              

Lithographic Industries Recommends PICB



As you know, Radioshack filed Chapter 11 Bankruptcy and we wrote off $3,400 in unpaid bills.  In addition, they hit us up for $21,000 for payments received in the preference period. The collection attorney working on behalf of Radioshack was "willing" to give us credit for the unpaid bill from Radioshack along with a 10% discount on the preference claim.  They wished to settle for $ 15,750.

Andrea Schlack, President of Printing Industry Credit Bureau, helped us with good solid advise that it would be worth our while to negotiate with the trustee rather than go to court. We followed the advise given.  We compiled a worksheet which listed the payment history of Radioshack payments to us for a two year period.  This worksheet clearly demonstrated that over that period of time we were not given preferential treatment.  Two years before filing for bankruptcy Radioshack was paying us in about 30 days from invoice date.  For the final one year of payment history Radioshack was paying us in about 60 days.

Long story short; due to PICB's excellent advise (as always); we negotiated and settled for $3,000.

Thanks so much . . . . .
   


Mark J. Hebert
Controller
Lithographic Industries Inc.
PH: 773-921-7955
              
Andrea Schlack's email address has been changed effective immediately to
                  

Please notate the new address and direct ALL communications accordingly

Thank You
Andrea Schlack, President
Printing Industry Credit Bureau
847/265-0400

THE BAD GUYS ARE BACK AGAIN . . . 
a 3rd victim has reported 
substantial losses

PRINTERS AND PIA MEMBERS BE WARNED!

We have been alerted by an East Coast Member that they were recently victimized by the old Canadian mail scam...

              
Printing Industry Credit Bureau - PICB
Phone: 847/265-0400 | Fax: 847-265-4377 | Email: info@picb-us.com  | picb-us.com 
, 5250 GRAND AVE #14-122, GURNEE, IL 60031
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