How Accounts Receivable Could Be Poorly Collected By the Shield

By Rob Sutter


As a professional wrestling fan, I enjoy seeing groups being formed. Sometimes power is best in numbers and when stables and the like are brought together, it's easy to see just how robust they can become. However, as much of a fan as I am, I can still think within the parameters of reality and I can see that such groups wouldn't be so effective in the world of business. When attaining accounts receivable, there are other ways to go about it.

When talking about unions in wrestling today, the one that seems to be focused on the most these days is called the Shield. Three men with an agenda make up this group: Dean Ambrose, Seth Rollins and Roman Reigns. They have been nothing short of dangerous, attacking wrestlers who they believed have been causing injustices. They claim to be the ones to right the many wrongs in the company, but their message appears to be skewed, which wouldn't make them the best choice in this industry where debts are abundant.

This kind of industry operates under specific guidelines, which can easily be detected in the Fair Debt Collection Practices Act. In short, attaining accounts receivable necessitates the payment for services made to a business by a customer. There's a certain way to go about this business, though, which is what will separate all companies from each other. Companies like Rapid Recovery are reputable due to its success and methods, which are two things to look for when employing a debt agency.

If I could imagine the Shield going about collecting such payments, I don't see it being very peaceful. They have been attacking people during shows for no real rhyme or reason, so who's to say that they would go about attaining debts any differently? It goes beyond any rule in the FDCPA, though, and it would land them in great legal trouble as well. Debt collectors who haven't kept the rules in mind have been stricken with such problems in the past, so to say that it doesn't occur would be an outright lie.

Wrestling stables are things which I don't see fading away and while they are great, they wouldn't work so well in real-life business situations. If they were ever plucked from that world and dropped into ours, there is no question that problems would come about. Doing business with others entails professionalism and tact, not immorality and threats. Even so, debts have to be collected and this must be done by means which are normal for reputable organizations.




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