Education

UNDERSTANDING THE CONCEPT OF INSOLVENCY:

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Insolvency may be defined as inability to pay debts or a situation where by the amount of Debt exceeded the value of the Assets.insolvency is often defined in terminological sence as bankruptcy or indebtedness or lack of solvency,many economist evaluate lack of solvency with lack of worthiness’ In corporate law…
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NEGOTIATION SKILLS

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By Dr Opeodu Akintunde Chris.FIDRRegistrar CEO. institute of Debt Recovery Practitioners of Nigeria.(IDRPN) Conflict in every relationship is a natural phenomenon and is an inevitable consequence of human interaction in any society. Negotiation is a major process for resolving disputes and managing operational problems. According to black’s Law dictionary, negotiation…
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How do I Become a Debt Collection Attorney?

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Akintunde Chris Opeodu FIDR A debt collection attorney provides legal representation to creditors to compel consumers to pay back loans or overdue bills. You can become a debt collection attorney by first completing your undergraduate and law degrees and passing the the institute of Debt recovery Practitioners exam in your jurisdiction. Your resume can…
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WAYS TO COLLECT BAD DEBTS

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Business owners are struggling enough in this weak economy, but when you add stagnant accounts receivables to the mix, it can make for some pretty tough financial times. According to wall Street report, small business owners are having to wait longer to get paid 20 percent more of the time…
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The Role of Automation in Credit

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What Makes Automation Important Automation increases efficiency within a department by accomplishing more work with fewer resources. It allows for your team to focus on tasks that are forward-moving and prioritizes those that provide the most value. Automation eliminates tedious and repetitive tasks. It enables your credit team to properly…
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Credit Risk Mitigation Tools and Tips

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Credit Risk Mitigation Tools and Tips Good morning, everyone. Thank you for joining us for Credit Risk Mitigation Tools and Tips. Joining us today is Michael Dennis. Michael is a partner at DC Associates, a consulting company helping clients to manage credit risk and to limit payment delinquencies. Michael has…
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