received this crap in email today

________________TOP STORY__________________

Have customers that don't pay?

Send delinquent accounts to collections by using a
licensed collection agency to get your money back
for you.

Bad checks, missed payments, credit card chargebacks
closed accounts, or just late payments can slow any
business to a halt.

There is a simply way to send your delinquent
accounts to collections, just by entering their information
in to a web form and hitting submit.

<a href=" http://yourfavorite.com/free/c.htm ">Collections Forms</a>

The best way to be sure you get paid is to have a
licensed collection agency on your side. A collection
agency can do the dirty work for you, and will be much
more effective than you can be.

For just a few dollars per account, you can have a
professional agency send letters to your delinquent
accounts demanding payment.

Because these letters come from a licensed collection
agency, your customer will know the account is urgent.
Perhaps they ignored you, but they are much more likely
to pay a collection agency before the account requires
action.

If recovery cannot be accomplished by notifying the
debtor repeatedly with written notices, you can refer
any account to intensive collections where you will
pay a percentage of the face value of the debt, usually
around one third. Some agencies may charge as much
as half for very difficult accounts, but looking at the
bottom line, getting a check for half does beat getting
nothing.

This system uses the letter writing, and phone call
collections approach, but also allows the collection
agency to persue the debtor in court, right in their
own city or county.

This method is extremely effective, because if the
debt is referred for legal action, they will get a letter
from an attorney who is right in their own town, or
very close by. The court summons they are served
at home or at work will also be for appearance at their
local court.

Using intensive collection methods are very effective
as you can imagine. As a business owner, you owe
it to yourself and your company to use a professional
service to handle these difficult clients. Nobody enjoys
dealing with collections and delinquent customers, but
the fact is the issue cannot be ignored.

If you visit the following URL, you can send accounts
to collections online. Just find your bad debt file and
start entering the names, addresses and amounts due
to you, and the collection effort will begin when you hit
submit.

<a href=" http://yourfavorite.com/free/c.htm ">Collections Forms</a>

Look for these warning signs with your customers:

CUSTOMER PAYMENT HABITS:

Asks for extended terms
Slowdown in payments
Pays by partial payment on account
Record of bad checks
Default, followed by request for lower payment schedule
Irregular payments
Admission by the debtor that other bills must be paid first
Partial payments of steadily decreasing amounts
Repeated defaults--always with an excuse
(lost invoices, check lost in the mail, bill not received,
quality complaints, no one available to sign checks)

COMMUNICATION PROBLEMS:

Evasiveness of principals
Inaccessibility of management
Is excessively irritated by collection calls
Failure to return phone calls or respond to letters
Debtor defers to his attorney
Telephone disconnected
Mail returned undeliverable

NEGATIVE FINANCIAL DEVELOPMENTS:

Increased requests for credit references
Poor previous business record of the principals
Other creditors taking collection action against debtor
Federal or state tax liens
Poor financial statement
(high debt to equity ratio, negative net worth, negative cash flow) .

For more information or to place account in collections
please visit the following URL:

<a href=" http://yourfavorite.com/free/c.htm ">Collections Information</a>

 

I just checked their website, they are from Florida. It seems a lot of these agencies are in Florida. They must have some lax laws there. In fact, I think I read somewhere that Florida doesn't even require collection agencies to post a bond. what a load.