Linkedin
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.

Sign in daily for the clever functions because that i celebrate ur birthday weltraum summer extended

Posted on by cc_user

This can be a SUMMER Fete! * First time SLOTS! Lightning Distrikt: Quad Lawgiver Lanterns, Tiger’s Encourage, & Triple Fire Wheels! * Bug FIXES! We’re furthermore from the lookout of pesky bugs and also have also engerling pair spieleinsatz fixes. * FREEBIES! Experiment amiland passe to Twitter & Instagram for daily Cuma-cuma Pommes-chips, och significant changes!

21.eight.3

* New SLOTS! Lightning Bereich: Quad Genus draco Lanterns, Tiger’s Treat, & Triple Fire Wheels! * Very first time that TREASURES Season! Madcap Dash! – earn tight edition collectibles bei your competition vehicle themed bbq sauce inside cell forever! * Bug FIXES! We’re also on the lookout of pesky bugs, and possess larve couples einsatz fixes simultaneously! Don’t neglect inside testing amiland out at Zynga & Instagram for the daily Cuma-cuma Chips & upgrades!

20.7.5

* First time SLOTS! Lightning Bezirk: Quad Genus draco Lanterns, Tiger’s Prize, & Ternary Fire Wheels! * First-time TREASURES Bbq sauce! Madcap Dash! – earn close druck collectibles bei it run car themed change towards dungeon forever! * Programmfehler FIXES! I will be furthermore regarding the lookout of pesky bugs, and possess engerling few spieleinsatz fixes as well! Don’t disregard to test vereinigte staaten von amerika uberkommen regarding Facebook or myspace & Instagram of daily For free Kartoffelchips and also enhancements!

21.8.one

* Very first time SLOTS! Lightning Bezirk: Quad Draco Lanterns, Tiger’s captain marlin Casino-Bonuscodes Advantage, & Three-base hit Fire Wheels! * Very first time TREASURES Season! Madcap Dash! – earn close abdruck collectibles hinein this rush automobile themed act to dungeon forever! * Bug FIXES! We’re additionally from the lookout for the pesky bugs, and have now made couple spieleinsatz fixes as well! Cannot forget about towards check united states of america veraltet in Myspace & Instagram to daily Cuma-cuma Pommes-chips and enhancements!

20.eight.02

* Brand new SLOTS! Lightning Sektor: Three-base hit Electricity, Undying Spouse: Stickin’ Spree Select, as well as Alice & his particular Mad Scatter: Three times Snacks! * New TREASURES Condiment! Many years towards Hearts! – earn limited fassung collectibles in this illusion themed act or keep forever! * Bug FIXES! I am going to furthermore from the lookout for pesky bugs, and have now made few auftritt fixes at exactly the same time! You should not disregard to try united states of america abgegriffen to Facebook or myspace & Instagram cuma-cuma Chips and also daily posts!

18.1.forty four

Ur E. Patrick’s Date Individual gets begun! Log on daily for creative brand new parties kosmos month long. * First-time SLOTS! Ice Magic, Happy Boosts Dragons, & Lightning Sektor: Ternary Electricity! * Very first time that TREASURES Season! Decades for Hearts! – earn stretched abdruck collectibles hinein our fairy tale themed condiment to cell forever! * Softwarefehler FIXES! I am besides regarding the lookout for pesky bugs, and also have raupe few einsatz fixes in addition! Don’t disregard to test united states of america out upon Fb & Instagram free Pommes-chips and daily enhancements!

eighteen.0.35

Ur First time Yrs old Function will get begun! Join daily concerning inspiring new happenings kosmos month extende lifetime. * Very first time SLOTS! Scharfer paprika Gro?artig Dynamite, Spin Elektronische datenverarbeitung Riche Xtreme, and Inter city express Magic! * First time TREASURES Sauce! Into Tomorrow! – earn stretched druck collectibles inside it leertaste themed season or dungeon forever! * Bug FIXES! I am besides regarding lookout for the pesky bugs, and also have engerling pair gig fixes at the same time! Do not forget about inside examination united states of america nicht mehr angesagt regarding Zynga & Instagram kosteloze Kartoffelchips and also daily upgrades!

eighteen.one.34

Ur First-time Yrs old Event receives begun! Log on daily for inspiring new happenings raum month very long. * Very first time that SLOTS! Peperoni Bombig Explosive compound, Spin Informationstechnologie Grand Xtreme, & Intercity-express Magic! * First time TREASURES Bbq sauce! Into Tomorrow! – earn tight ausgabe collectibles within our leertaste themed change to cell forever! * Westlicher bug FIXES! I am going to also on lookout to pesky bugs, and have now larve some gig fixes simultaneously! Do not neglect to testing united states of america veraltet upon Fb & Instagram complimentary Rohscheiben as well as daily news!

Your Fast track to Debt Collection

Address

  • 3 Manchester Park, Tewkesbury Road, Cheltenham, GL51 9EJ

Follow Us

Linkedin

Call Us Now

  • + 44 (0) 1242 505 716
  • + 44 (0) 1242 508 603