Goldman, Evans & Trammell, LLC - Bad Debt Warning Signs

Bonded, Licensed, Insured and Proud Members of the IACC

When Should an Account be Placed for Collections?

When a customer goes out of business or their phone is disconnected,
it is usually too late for an agency to recover any funds.
Time is our biggest enemy –
Know when to place:

Watch for these warning signs and act promptly:

Lies
NSF Checks
On Credit Hold
Talking Bankruptcy
Skips Scheduled Payments
Over 90 Days Past Due of Terms
Credit Card Payments are Denied or Reversed
Buying from Competitors (with Your Money)
Says Selling Company and Will Pay Upon Sale
Rumors of them having Financial Problems Exist
Asks for Extending Payment Terms After Purchase
Threatens that if you do anything they will Never Buy From You Again
Refuses to Sign Personal Guarantee When Not Paying According to Terms
Blames Bank or Government for Delayed Payments but cannot provide documentation
Claims Will Have to Go Out of Business If Actions are Taken Against Them
Competitors Call Asking for Credit References While They are Past Due
Makes Partial Payment Instead of Payment as Agreed
Claims Cannot Pay You Until They Get Paid
Dispute (especially 'Late Disputes')
Falsely Claims Defects of Product
Refuses Delivery of Product
Breaks Promise to Pay
Ignoring Letters
Stopped Check
Avoids Calls

Act before other agencies start chasing them
Act before they go out of business
Act before they pay someone else

Corporate Headquarters: 10323 Cross Creek Blvd "F" Tampa, Fl 33647
Phone: (813) 991-5288 Toll Free: (888) 991-5288 Fax: (813) 991-5266