tag:blogger.com,1999:blog-5989273554214179483.post4140381117266462118..comments2017-06-14T09:55:22.175+01:00Comments on Bob Shepherd Associates - News and Comment: All Change Is Not All GoodBob Shepherd Associateshttp://www.blogger.com/profile/11069794733504632429noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5989273554214179483.post-17211610707951843392009-12-17T18:03:23.169+00:002009-12-17T18:03:23.169+00:00Good points
As someone who has worked in credit m...Good points<br /><br />As someone who has worked in credit management for many years, cheques have seemingly ruled my life!<br /><br />But at the harder end of the spectrum when there is a difficulty collecting from a debtor, the writing of a cheque, whilst not giving absolute security, is certinaly preferable to the vague promise that "my bank will do the transfer" followed by the "oh they forgot"<br /><br />Also, post dated cheques are a form a security. And a dishonoured cheque is security in the sense that a court judgement can be obtained without defence<br /><br />And as someone who has dealt with many a client that has been struggling along waiting for "that payment", holding a cheque on the basis that it can be banked when they give the go ahead, is again preferable<br /><br />loss of cheques will mean the loss of flexibility in these situations I believe. Will we see the resurgance of Promisory Notes (still prevalent on the continent...especially Spain)?<br /><br />Whilst I am by no means a debt collector (credit management consultant for b2b), how to handle a tricky collection is something we advise onAnonymoushttps://www.blogger.com/profile/00435979020684668418noreply@blogger.com