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2013 2013 Nuts & & Bolts Seminar Colville CoralvilleCollection 101 9:00 a.m.9:30 a.m. Presented by Christopher E. Tech, Hughes & McDonald P.C. With Offices in Iowa, Missouri and Nebraska PH: 3193623000Wednesday,
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Who needs collection 101:

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Individuals or businesses who have outstanding debt that needs to be collected.
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Financial institutions or debt collection agencies that handle the collection of debts on behalf of their clients.
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Creditors or lenders who are pursuing legal action to recover unpaid debts.
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Any organization, such as a government agency, that requires documentation of outstanding debts for administrative or legal purposes.
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Collection 101 is a form used to report information about certain types of collections.
Entities that have collections meeting certain criteria are required to file collection 101.
Collection 101 can be filled out online or by submitting a paper form with the required information.
The purpose of collection 101 is to track and report information about specific types of collections.
Information such as the type of collection, amount collected, and recipient of the collected funds must be reported on collection 101.
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