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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 is the Big deal? Fundamental Enjoys & Regional Advantages at Parq Vancouver

Posted on by cc_user

Parq men and women manage the brand new day-after-day grind, but BCLC keeps them honest

We still recall the first-time I walked on the Parq, not too long shortly after they exposed-decided the entire town is actually whirring. Parq’s a completely new section (and you may sure, We have needless Big Bass Bonanza slot max win to say shed at least one umbrella here). If you’ve ever wondered that has really at controls at the rear of all the the newest downtown glitz, here’s the sincere information from anybody who’s got saw Vancouver’s casino scene change-up intimate.

Into the brand new Edgewater weeks, downtown casinos was in fact a completely various other beast

  • Brand: Up to here, people simply call it The fresh new Parq or “one room of the BC Set.” On the games night, you will notice a good Canucks jersey or several, secured. Technically, it is Parq Vancouver, seated inside the newest thick of the downtown area-actions out of BC Place and you may Rogers Arena, which means you cannot long for they when you are aside to have a good evening.
  • Agent (Court Entity): Parq Vancouver ULC (which is Endless Liability Business, for those who love judge lingo), local and you may Canadian-work with.
  • Ownership: The major brands is PBC Class off Ottawa and Dundee Enterprise. Everything’s addressed lower than particular much time-winded court term-Parq Holdings L.P., I think. (You should never price me personally into the documents, ha.)
  • Address: 39 Smithe Street, Vancouver, BC V6B 0R3. Only an instant go regarding SkyTrain-extremely much easier, particularly when you happen to be dodging the downtown area vehicle parking rates.
  • Greatest Of good use Customers: PBC Class and Dundee Enterprise-zero cig and you can decorative mirrors right here, one info’s in public areas filings and you may reports releases if you are towards the newest economic soap opera aspect.
  • Court Representative: Not something you will see on a wall surface (when you are very on the lightweight print, the fresh online privacy policy has the most recent contact details).
  • Certification Power: Within brilliant lighting and voice off potato chips, you sometimes forget this one are work at including clockwork from the BCLC-the british Columbia Lotto Company. They are those who state how many ports and you can tables Parq’s desired (as much as 600 ports and you may 75 dining tables, past We looked). License is useful as a consequence of 2025, and if we should decrease the fresh rabbit opening, the official BCLC registry is perhaps all societal.
  • Percentage Handling: Your bucks, notes, and you will chips read Parq Vancouver ULC-zero on the web commission middlemen. Everything’s treated to your-web site, that have BCLC viewing for your comedy company.
  • Sister Operations: The fresh Parq offers its digs to your JW Marriott and also the Douglas (believe deluxe lodging, perhaps not your mediocre immediately). Most of the owned by a similar staff, so if you end stretching a night within tables for the a great staycation, you will be sorted.
  • Online Surgery: By , it is all brick-and-mortar. No specialized on-line casino-when you see an internet site utilizing the Parq label, it is really not genuine. Follow the floor if you need the new authentic sense.

Thus, who’s got in fact in charge? All of your information, problems, and rights since the a player are protected by provincial laws. For the deep-dive brands, the brand new privacy and you will BCLC postings have got all the information. If you can’t discover something societal, it’s probably noted Letter/A towards an explanation-which can be come searched to help you Parcel standards.

Ok, this is what matters-the new stuff that actually helps to make the Parq a spin-in order to, whether you’re a typical or maybe just in the city to possess a crazy Saturday. This can be all up-to-day lately 2025, very you’re going to get it upright, not out of an old site visitors brochure.

Parq Vancouver? It’s got the fresh new work-undoubtedly. Tech, video game, the brand new parcel. Toss in swanky accommodations and dining that basically shocks your (ramen at midnight? Sure, please) and you have the brand new downtown collection neighbors rave in the. Just what sets Parq apart? Actually, this is the mood-modern, although not cooler. The fresh hotels and you may takes? Chef’s kiss. Regardless if you are rolling within the immediately following a great Canucks earn, catching a big let you know, or maybe just aside having every night which have friends, it is more about since convenient (and elegant) while the Vancouver gets.

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