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Let’s say that you have placed your former customer for collection and your agency demands, as well as the local attorney, demands have not been successful. Your agency along with your attorney believe that litigation is your only option in hopes of being paid, provided that the amount due falls above your suit parameters. Had […]

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anscersx w new d and b

It’s been more than a year since the launch of the anscersX multibureau trade credit report, which offers credit managers a one-click look at credit scores of their customers from the three major credit reporting bureaus. Since the report was launched, we’ve listened to our users and are proud to announce some valuable additions to […]

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Michael Dennis

Creditors are frequently asked to provide credit references. Doing so correctly protects customer as well as the creditor. The following are some do’s and don’ts guidelines for the exchange of credit information: Don’t share anything except factual information [data you can prove is correct] Never ever discuss your future intentions, and don’t ask about the […]

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On Wednesday, President Obama announced that his administration will now focus efforts on giving small businesses greater access to loans from local banks.  This matters to CMA because most of our members would be categorized as small businesses under the definition used by the Obama Administration. Many CMA members have reported experiencing a combination of […]

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Author: Michael Mitchell, CAE – CMA President Recently I attended a meeting of the Los Angeles Bankruptcy Forum (a quarterly event that CMA administers) and the guest speaker was Congressman Richard Gephardt. As a former Speaker of the House, he offered many insights about the current financial crisis and the stimulus package that has since […]

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