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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? Main Possess & Local Perks during the Parq Vancouver

Posted on by cc_user

Parq men and women handle the newest every single day work, however, BCLC keeps them truthful

I still remember the very first time We wandered towards Parq, not too long once it launched-decided the whole area is humming. Parq’s a new chapter (and you may yes, You will find definitely forgotten one umbrella right here). If you have ever pondered having most at the wheel behind all the latest the downtown area glitz, here is the sincere scoop from the comfort of people having saw Vancouver’s gambling enterprise world change-up close.

Back into the new Edgewater weeks, the downtown area casinos was a completely more monster

  • Brand: Around right here, anyone simply call-it The new Parq otherwise “one to spot by the BC Place.” For the video game nights, you’ll see an effective Canucks jersey or a couple of, protected. Officially, it is Parq Vancouver, sitting inside the new heavy away from downtown-strategies out of BC Set and Rogers Stadium, which means you are unable to long for it when you’re out to own a nights.
  • Driver (Court Entity): Parq Vancouver ULC (that’s Unlimited Responsibility Business, just in case you love legal language), local and you may Canadian-work with.
  • Ownership: The top labels is actually PBC Category of Ottawa and Dundee Business. Everything’s handled not as much as certain much time-winded judge title-Parq Holdings L.P., I do believe. (Never estimate myself towards records, ha.)
  • Address: 39 Smithe Path, Vancouver, BC V6B 0R3. Only a fast walking on SkyTrain-extremely convenient, especially if you might be dodging downtown parking prices.
  • Best Of good use Residents: PBC Group and you will Dundee Corporation-no cigarette and decorative mirrors here, you to definitely info’s publicly filings and information releases while you are to your the fresh financial detergent opera side.
  • Courtroom Associate: Not something you will observe abreast of a wall surface (while you are extremely into the tiny printing, the latest privacy comes with the current contact details).
  • Licensing Expert: Between your vibrant bulbs plus the sound off potato chips, you often ignore this place was focus on particularly clockwork because of the BCLC-the british Columbia Lottery Business. These are generally those who state how many slots and you can dining tables Parq’s desired (to 600 slots and you will 75 dining tables, last We searched). Licence excellent owing to 2025, incase we need to go down the brand new bunny hole, the state BCLC registry is all societal.
  • Payment Operating: Your cash, cards, and you will potato chips proceed through Parq Vancouver ULC-no on the internet percentage middlemen. Everything’s addressed to your-website, with BCLC watching for funny organization.
  • Aunt Functions: The newest Parq shares its digs on the JW Marriott plus the Douglas (consider luxury lodging, not the average immediately). Most of the owned by an equivalent crew, when you end stretching every night at the tables into the a good staycation, you might be sorted.
  • Online Functions: As of , it is all stone-and-mortar. No authoritative internet casino-if you see a web site utilizing the Parq label, it is really not genuine. Stick to the flooring if you want the latest genuine feel.

Thus, who’s got in reality in control? Any info, issues, and you can legal rights while the a person was protected by provincial rules. betinia online On the strong-dive models, the latest privacy policy and BCLC listings have got all the details. If you cannot find something social, it’s probably marked Letter/An as a conclusion-which is been seemed to help you Package criteria.

All right, here is what matters-the brand new items that in fact makes the Parq a chance-to help you, whether you are a normal or in town to have a wild Monday. This really is all the up-to-time lately 2025, very you’ll receive they straight, maybe not of a vintage guests pamphlet.

Parq Vancouver? It’s the new works-definitely. Technology, game, the new package. Toss in swanky lodging and restaurants that basically unexpected situations you (ramen at midnight? Yes, please) along with the fresh new downtown blend locals rave in the. Just what kits Parq aside? Really, it is the disposition-modern, yet not cool. The fresh new hotels and eats? Chef’s hug. Whether you are rolling for the shortly after an effective Canucks earn, finding a giant reveal, or maybe just aside getting per night with loved ones, it’s about since the simpler (and elegant) since Vancouver becomes.

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