Commercial Collections Assessment
$27.37
Commercial Collections Assessment
$27.37
Skills Assessment
| Total Questions | 36 |
| Question Types | Multiple Choice |
| Competencies Tested | Communication Collection Terms Commercial Collections Rules Legal Issues |
| Tasks Tested | Knowing When to Call on an Account Proper Understanding of Frequently Used Terms Contacting Proper Personnel Reaching Appropriate Department Approach to Collections Collection Process What Third Party May Be of Assistance Definition of Commercial Collections UCC Personal Guarantee Statement Appropriate Term for Someone Who Owes Money Skip Tracing Net 30 On Service or Credit Hold 90+ Receivables or Aging Reports Receiving Post-Dated Checks Utilizing a Third Party Collecting Information from the Debtor Rates for Late Charges Required Certification for Commercial Collectors Receiving Checks Commercial Collector Representation Judgment and Interest Knowledge of Who Should Handle Collection Files Chapter 7 Bankruptcy Secured Debt Chapter 11 Bankruptcy Debtor Failure to Appear Freezing a Bank Account Execution of a Judgment Sole Proprietor Responsibility Knowing the Responsible Parties |