Video

  • 8 minutes

Designing a Collections System and How to Discover Assets

 
When designing a collection system, the collection system will vary depending upon the nature of the business. The basic concept is that the creditor has a consistent series of collections activities that escalates when a debtor fails to respond. The general steps are to establish a consistent process to identify that there has been a default in the first place, and that the debtor has failed to pay in a timely manner.

In this video our speaker, Mollie Pawlosky, reviews the steps to take when attempting to collect from a debtor while making good business decisions. The creditor needs to make sure they are in compliance with the Fair Debt Collection Practices Act. Ms. Pawlosky discusses how to discover assets with the use of the Internet and other public and private resources.

Mollie Pawlosky is a shareholder with Dickinson Mackaman Tyler & Hagen, P.C. Her practice emphasizes all aspects of commercial litigation, collections and foreclosures. She has been selected for inclusion in the 2016 edition of Best Lawyers in America in bankruptcy and creditor debtor rights/insolvency and reorganization law.
Runtime: 7 minutes

Faculty

Mollie Pawlosky

Mollie Pawlosky

Dickinson, Mackaman, Tyler & Hagen, P.C.