Bridge Firm Recovery January 2019

Recovery Reader The January 2019

www.bridgefirmrecovery.com (269) 359-0814

FROM THE DESK OF Dan

On New Year’s Eve, when you sang “Auld Lang Syne,” were those auld acquaintances your auld tenants with balances due?

Should auld “receivables” be forgot, and never brought to mind? I DON’T THINK SO.

In one verse, it says: “and surely you’ll buy your pint cup, and surely I’ll buy mine! And we will take a cup of kindness yet, for auld lang syne.” Yup, they need to pay for their pint! Each year, nearly 80 percent of landlord-tenant judgments remain unpaid. While the tenant is out of the property, frustrated landlords often stack those paper judgments in a drawer … UNPAID! Outsourcing recovery to us can improve the odds to regaining that lost income. With our industry sources, we are able to locate ex-tenants and their assets. For example, six weeks ago, we received judgment for a 2-year-old case, but we recovered payment for all six weeks just yesterday. It can happen!

SHERLOCK HOLMES’ 164 TH BIRTHDAY! ‘Elementary, My DearWatson.’

The most beloved of all fictional detectives, Sherlock Holmes, celebrates his 164th birthday this month. It’s speculated that Holmes would have been born on Jan. 6 of 1854, and fans across the globe gather each year on this date to observe his “birth.” People don their pipes, top hats, and long coats and, with a chorus of “The game’s afoot,” settle down for a weekend marathon filled with novels, short stories, movies, and TV shows. The character Sherlock Holmes was created by author Sir Arthur Conan Doyle, who finished his first novella in 1886, called “A Study in Scarlet.” Although Doyle is best known for his four novels and a handful of short stories about the private detective Holmes and Dr. John Watson, it wasn’t his life’s goal. Doyle wanted to become a historical novelist and wrote several novels of the genre which were admired in his time but did not receive the same attention as Holmes. The author became so disgruntled with Holmes and his popularity that he finally killed the beloved character in 1893. But due to the public’s overwhelming reaction, Doyle grudgingly brought him back in the early 1900s. One of the most noticeable characteristics of Holmes’ character is his ability to use observation to solve cases. Through reasoning and scrutiny of the people and areas around him, Holmes solves seemingly impossible mysteries. These characteristics were inspired by a professor Doyle met while attending medical school, Dr. Joseph Bell. The professor impressed on the students how important observation was when diagnosing a patient. Bell also enjoyed picking a student from his class and guessing their particular profession based only on observation and inductive and deductive reasoning.

Here’s a couple of new year’s resolutions we can help with:

Better Screening: Our background screening service at “Preferred Screening Profiles” can help reduce evictions through better tenant selection — your first line of defense.

Better Recovery: Our recovery services put more cash in your pocket, giving you time to enjoy another pint!

Resolve to make this year your best year ever!

Dan Larson

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