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                     Collection Agency | Collection Agencies | Debt Collection Agency |Debt Recovery 
Agency
At this time, the debtor is currently making payments so no attempts have been made to liquidate the 
warehouse inventory.
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-for-collection-agency/
      Our manufacturing client in the cosmetic industry faced a similar situation.
Our client was hired to manufacture components and assemble the components with other parts 
supplied by the customer to produce lipstick cases. A scattered schedule was set for production and 
payment. 
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ion-agency/
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Agency
Our client was paid for some production and assembly and shipped those goods according to schedule. 
When the debtor stopped making payments, the client ceased production, assembly, and shipment. Our 
client was in possession of the non-paying customer’s remaining components.
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Collection Agency | Collection Agencies | Debt Collection Agency |Debt Recovery 
Agency
In this instance, the components had greater value to the non-paying customer than to our client. The 
debtor, though seriously delinquent on the $650,000 balance, needed the client’s assistance to continue 
producing the product so that debtor could realize a profit. The debtor required the client’s 
manufacturing and assembly services.
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-good-for-creditors-for-collection-agencies/
Collection Agency | Collection Agencies | Debt Collection Agency |Debt Recovery 
Agency
In this instance, where the goods and manufacturing process had greater value to the customer, we were 
able to structure a deal in which the debtor paid our client in installments. 
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how-to-benefit-from-new-yorks-liberal-judgment-enforcement-policies/
Collection Agency | Collection Agencies | Debt Collection Agency |Debt Recovery 
Agency
Once payments were made, our client released products from the past due balance. Any new 
manufacturing, assembly, and shipment were paid before the manufacturing process began. Our client 
was not only able to get paid on the past due amount but on future production contemplated by the 
parties.
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                Take a Security Interest to Improve Your Odds of Collecting
Did you know you can take a security interest in goods sold on terms? This option is available as long as 
the customer agrees, and the goods are not owned by or pledged to another. 
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oor-billing-practices-from-debt-collection-agency/
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Agency
Security interests offer an advantage if the buyer defaults, and provide you alternative debt collection 
remedies. By obtaining a security interest in specific collateral owned by the borrower, the creditor 
becomes a secured lender.
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biting-checks-for-debt-recovery-agency/
Collection Agency | Collection Agencies | Debt Collection Agency |Debt Recovery 
Agency
Consider how a bank or alternative lender works: if the loan is collateralized, the loan is based on the 
collateral of a borrower. The borrower, in return for the loan, pledges the assets or other capital to secure 
the loan giving the lender a security interest in the collateral. 
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