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Credit and Collection : Letters Ready to Go! [Illustrated] [Paperback]

Ed Halloran (Author)
5.0 out of 5 stars  See all reviews (2 customer reviews)


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Book Description

February 11, 1998
Bad debt and poor receivables management are the most common reasons small businesses fail. Some businesspeople make the mistake of thinking they have achieved success when getting an order. But, as many have discovered to their disappointment, that's only half the equation. The other half is getting the money in a timely manner. Credit and Collection Letters Ready to Go! makes letter writing faster, easier, more effective, and more productive. This comprehensive financial resource and relationship-building tool presents dozens of powerful letters you can customize to keep collection problems under control without alienating customers. In addition, it includes several sample forms and documents you can use to create sound credit policies and pick the best credit risks. This book includes
  • Prudent guidelines for extending credit
  • Samples and guidance for setting up an effective collection program
  • Practical advice on how and when to use collection professionals
  • Savvy insight on navigating the legal system
  • Sound guidance for handling international credit and collection
  • Handy credit applications, forms, and checklists
And you receive two more invaluable tools: First, the simple formula--timing, tone, and tenacity--to help you craft letters that are firm, yet courteous, and within the limits of the law. Second, the keys to writing effective letters--practical guidance that will make your letter writing more effective and efficient. About the Author Ed Halloran is a reporter and business writer who runs a multimedia production company based in Denver, Colorado. He is a former credit field investigator, with many contacts in the collections industry, law enforcement, and the legal profession.


Editorial Reviews

About the Author

Ed Halloran is a reporter and business writer who runs a multimedia production company based in Denver, Colorado. He is a former credit field investigator, with many contacts in the collections industry, law enforcement, and the legal profession.


Product Details

  • Paperback: 160 pages
  • Publisher: McGraw-Hill; 1 edition (February 11, 1998)
  • Language: English
  • ISBN-10: 0844235695
  • ISBN-13: 978-0844235691
  • Product Dimensions: 11 x 8.5 x 0.4 inches
  • Shipping Weight: 14.4 ounces
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #1,180,891 in Books (See Top 100 in Books)

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Average Customer Review
5.0 out of 5 stars (2 customer reviews)
 
 
 
 
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9 of 10 people found the following review helpful:
5.0 out of 5 stars very helpful information, July 25, 2001
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This review is from: Credit and Collection : Letters Ready to Go! (Paperback)
I read this book after starting my new job as a debt collector and it helped me to triple the amount i was collecting the month after I read it. I only read the areas that directly affected my specific job, so I can only speak for some of the book, but what i did read was well written and very informative. A definite for anyone collecting or dealing with credit collectors.
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2 of 2 people found the following review helpful:
5.0 out of 5 stars Awesome book!, February 16, 2005
This review is from: Credit and Collection : Letters Ready to Go! (Paperback)
I highly recommend this book. I bought this book years ago when I was just starting my own collection agency and found it to be VERY helpful.. FULL of great information, tips and letters. Ed Halloran certainly knows what he is doing. Anyone wanting to collect more money should purchase this book.
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Inside This Book (learn more)
First Sentence:
Years ago, a consumer lending officer at a large bank told me, "I have all of my lenders spend their first six months on the job working the phones in our collection department. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
due will revert, address element, credit wisely, settlement figure, credit bureau report, contingency fee basis, original balance, balance due
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Client Name, Creditor's Name, Debtor's Name, United States, Attorney's Letterhead, Collection Agency Board, Date Called, Name of Foreign Firm, Street Address, Tax Exemption Certificate, Where It All Begins
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