Credit Checks And Collection Agencies - Polices

Do you run credit checks on potential customers? Is there any liability on doing so/? Is it worth it? What policies do you use on past due invoices? Most likely its different if it's a monitored alarm accounts vs. a product or service account. How soon do you move to a collection agency? It seems we have had bad luck with the collection agencies we keep choosing. Any recommendations will be much appreciated!

Thank you!

Login to read this IPVM discussion.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

** ** *** ****** ****** ** ********. * ** *** a ******, *** * ***'* ***** ***** ** *** ********* involved. **** ** *** ** *** **** ****** **** & Bradstreet **** *** * ******. ** ** ***** ** ** a **** ********* ********. * **** ***** ** ** ** by *** ***** * ***** ** ****. ****** * ***** and ********** ************ **** * ******** ** * ***** *** to **** ** **********.

*** ****** ** *********** ** ********** ********* ** ****** ******** forward (*** ***** **** **** *******). *** *** * ****, Net **. * ******** ** ** ** *** ***** *** (that ** **** **** ** ******* ** *** *******). ***** 90, ** *** ******* ** ***** ** ***. ** ****** a ******* *****. ** ** ***** * **** **** *** 2 ******** **** ***** *** ** *** *** ***. *** first *** *** * ***** ****** *** *** * ***** of ****. *** ****** *** **** ****** *** **********, *** we *** **** ** *** *****; ***** **** *** ***** pending. ** *******, ** ** ****.

** ***'* *** ********** *********. ** ****** *** ********* ********* (we *** **** ******* ***) *** *** ***** ** *********. We **** ******* **** ****** *** **** ** *** ************ runs **** ** ****. ** *** ***'* *** **** *******, you *** ** ****** **** *** **** ******** ***** *** do. ** ***** ** *** *********** ***** **** *** *********. That ***** *** * *** ** ********.

********** ********* ***** * ******* ** **** *****, **** **** don't ******* *** ***** ** **** ** *** ********.