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collecting payment/advice

updated thu 21 sep 00


OWLPOTTER@AOL.COM on wed 20 sep 00

My brother, an attorney who specializes in debt collection, would applaude
your strategy. He advises me to send only COD and collect as much up-front
as possible. He says 30 days net is for big corporations who can afford loss
and risk.

In the real world however, I find myself giving 30 days net and finding out
it usually turns into 60-90 days, and wishing I'd listened to my brother! I
guess how we set our terms all depends upon how much risk we are willing to
-Carolynn Palmer, Somerset Center, Michigan