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GLOSSARY

Debts or receivables

The schedule of work a Member RMA processes in order to try and collect debts (also known as a Workflow)

On-going debts being collected

Profitable enough to warrant a cost investment

The levels of professionalism in approach an RMA can demonstrate e.g the training of its agents, how data is protected by the RMA, how secure are its payments process and client money, once debts have been collected etc

The arrangement whereby debt collection services are offered on a “commission on collection” basis

Criminal records bureau checks

A company, an organisation or individual who places debts for collection onto the Metwork platform

Group of debts/accounts/receivables

The layout of the debt information (usually on an excel file) that is transferred to the RMA.

  • (a) The age of the debt. The older it is the more difficult it is to collect
  • (b) the quality of the contact data supplied. Is there a phone number, an email, a work telephone number, the full address available etc? The less the amount of contact data available the more the Member has to do to find it.
  • (c) The level of dispute around the debts. Are people refusing to pay because services haven’t been carried out or information hasn’t been supplied?
  • (d) Amount of work already processed to try and collect the debts. How many letters, emails and calls have been sent/made and have the debts been placed with another agency prior to placing on Metwork?

RMAs based in the same country as the debt placer.

Formal checking process to establish the business credentials of a party

Secure online facility provided by RMAs (Metwork members) that supplies information and analysis to the debt placer on the progress of their accounts.

Laws and guidance governing the work of collection agencies

A formal procurement process where multiple bidders are invited to submit a detailed proposal

Materials and know-how that specifically are the creation of a particular party and as such are subject to ownership rights.

The debt collection system that the RMA( Metwork Member) works on.

A Receivables Management Agency or RMA, better known as a debt collection agency who may place bids to collect your accounts.

A company, an organisation or individual who places debts for collection onto the Metwork platform.

A rapid procurement process. Usually sent to “preferred potential bidders”

Amounts of debt that have been collected

If no debt has been collected in that reporting period the RMA must record a 0, as opposed to not recording a figure.

One payment based on a forecast of how much debt will be collected

Group of debts/accounts/receivables

Would be considered by all interested parties as a “fair proposal” based on the information supplied

Debts or accounts

The amount of debt that a member RMA predicts will be collected.

Receivables Management Agency/ Metwork member

A formal procurement process where multiple bidders are invited to submit a detailed proposal.

An amount an RMA will charge for finding someone who has disappeared from an address

Sending the debt amounts and personal information to the RMA so they can start collecting them

A legal action resulting in a court judgment awarded against the defendant

To cancel a placement of debts already on the Metwork platform

The difference it costs a Member to collect a debt and the commission they earn from collecting it.

What’s the Fuss? Chief Enjoys & Regional Perks within Parq Vancouver

Posted on by cc_user

Parq visitors handle the latest daily work, however, BCLC keeps them sincere

We still remember the first-time I moved to your Parq, a couple days once they opened-felt like the complete urban area is humming. Parq’s a completely new part (and you will yes, I’ve obviously destroyed a https://bettinia.org/no-deposit-bonus/ minumum of one umbrella right here). If you have ever pondered having extremely at the wheel behind the the latest the downtown area glitz, this is actually the honest scoop from somebody who has spotted Vancouver’s gambling enterprise world change up romantic.

Back into the new Edgewater days, downtown casinos was basically a completely more beast

  • Brand: Doing here, someone just call-it The brand new Parq otherwise “you to definitely location from the BC Set.” Into the games night, you’ll see a good Canucks jersey or a couple of, secured. Commercially, it is Parq Vancouver, resting inside the brand new thicker away from downtown-methods away from BC Place and you may Rogers Stadium, which means you cannot really miss they when you’re away to own an effective night.
  • Agent (Court Entity): Parq Vancouver ULC (that’s Unlimited Accountability Providers, just in case you love legal lingo), local and Canadian-work on.
  • Ownership: The major brands was PBC Class from Ottawa and Dundee Enterprise. Everything’s managed not as much as some long-winded courtroom label-Parq Holdings L.P., I do believe. (You should never offer me to the paperwork, ha.)
  • Address: 39 Smithe Highway, Vancouver, BC V6B 0R3. Just an easy walking on the SkyTrain-very easier, particularly when you happen to be dodging downtown vehicle parking cost.
  • Best Beneficial Citizens: PBC Classification and you will Dundee Firm-zero smoke and you can mirrors here, one to info’s in public places filings and you will development releases when you are for the the newest monetary soap opera side of things.
  • Courtroom Rep: Not something you will see through to a wall surface (if you are very for the lightweight printing, the newest online privacy policy provides the latest contact information).
  • Certification Authority: Between the vibrant lights and also the sound away from potato chips, your often forget about this one try run particularly clockwork because of the BCLC-the british Columbia Lottery Business. They have been the ones who state exactly how many ports and tables Parq’s greeting (around 600 ports and you will 75 dining tables, last We appeared). Licence is right as a result of 2025, whenever we want to decrease the fresh new rabbit hole, the state BCLC registry is perhaps all public.
  • Payment Processing: Any bucks, cards, and you may potato chips undergo Parq Vancouver ULC-zero on the web commission middlemen. Everything’s addressed on the-webpages, having BCLC enjoying for any comedy providers.
  • Cousin Procedures: The fresh new Parq shares their digs towards JW Marriott plus the Douglas (thought deluxe hotels, perhaps not their mediocre immediately). All of the belonging to the same team, when you end up stretching every night in the tables towards a staycation, you will be arranged.
  • Online Functions: Since , it’s all stone-and-mortar. Zero authoritative internet casino-when you see a web site utilizing the Parq term, it is far from genuine. Follow the floor if you like the fresh authentic experience.

So, who may have actually in charge? Any details, disputes, and legal rights because a person are covered by provincial law. Into the deep-diving designs, the new privacy and BCLC posts have got all the main points. If you’re unable to discover something social, it’s probably designated N/A for a reason-that’s already been searched in order to Parcel standards.

Alright, this is what matters-the newest items that actually helps make the Parq a spin-so you can, whether you’re a regular or around to have an untamed Saturday. This really is most of the right up-to-time lately 2025, therefore you will get it upright, perhaps not off a vintage guests pamphlet.

Parq Vancouver? It offers the latest works-definitely. Tech, online game, the brand new package. Add swanky accommodations and you will restaurants that actually surprises you (ramen at nighttime? Yes, please) and you have the latest the downtown area fusion residents rave regarding. Exactly what sets Parq aside? Actually, it is the mood-progressive, yet not cool. The new lodging and you will eats? Chef’s hug. Regardless if you are running in the after an effective Canucks earn, finding a large inform you, or away having per night having relatives, it is more about as the convenient (and stylish) as the Vancouver becomes.

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