Webinar: Legal Aspects of Credit and Collections

In this fast-paced hour devoted entirely to the legal aspects that affect the daily operations of the successful credit and collection department, David Balovich discusses the numerous day-to-day legal occurrences that credit professionals deal with that can affect productivity, success, and failures.

• Learn the difference between Credit Agreements and Credit Applications and why Credit Applications are becoming obsolete.
• Learn the importance of knowing your customer’s correct legal name.
• Learn about the pitfalls of personal and corporate guaranties and how to make them effective.
• Learn when the customer’s purchase order terms is a valid reason for the customer to pay beyond your terms of sale and how to avoid it.
• Learn how and the importance of being a secured creditor and easy it is to become one.
• Learn about the Unclaimed Property Act and its requirements.