RP resources not enough to meet UN MDG needs.
Byline: Edu Lopez Domestic resources alone will not be sufficient to meet the targets under the UN Millennium Development Goals (MDGs) with the inadequate national budget, and consistent revenue shortfall from tax collection and foreign direct investments. Prof. Leonor Magtolis Briones, co-convenor of the Social...

BSP orders banks, fin'l companies to update credit card loan status.
Byline: LEE C. CHIPONGIAN The Bangko Sentral ng Pilipinas (BSP) has ordered banks and financial institutions with credit card businesses to regularly update borrowers' credit card or loan status to correct previously "adverse" information on the borrowers. The BSP's Monetary Board last November 22 approved...

How to use outside collection agencies: Don't simply charge off accounts and forget them. (Practice Management).
IN THIS COLUMN... Collection agencies may be the key to receiving payment on overdue bills. Learn how they work and what to look for in a reputable collection agency. Using an outside collection agency to pursue delinquent patient accounts may seem distasteful -- downright objectionable...

You owe, you owe, so off to work he goes.
Byline: Joe Mosley The Register-Guard Joe Hawes is Ray Klein Inc. He's also Professional Credit Service. He's the guy on the other end of the line when your traffic fines go unpaid month after month. The one who drags you to court when...

Dealing with deadbeats.
Unfortunately, every practice has its share of deadbeats, whom I define not as patients who fall on hard times and are unable to pay, but those who are able to pay and do not. The worst kinds of deadbeats are the ones who not only don't pay...

Attrition Act of 2005' signed; System of rewards & penalties for BIP, BoC now in force.
Byline: GENALYN D. KABILING Govt expects P10-B hike in taxes, duties Internal revenue and customs officials and employees who fall short of the agencys annual revenue targets may now be discharged from service. Corresponding rewards, on the other hand, await tax collectors who surpass their...

Financial friendly fire: dead and wounded debtors.
MORE THAN 2,400 American soldiers have been killed in Iraq and more than 18,000 wounded. According to a Government Accountability Office (GAO) study of military pay, nearly 900 of the wounded and 400 of the dead still owed money to the Army--more than $1.5 million total--most of it resulting...

Fending off private tax collection.
DOES ANYBODY REMEMBER the song lyrics. "They're Coming to Take Me Away--Ha, Ha"? Treasury Inspector General for Tax Administration Pamela J. Gardiner announced that the IRS annually planned to place 2,600,000 delinquent taxpayer accounts with private collection agencies. Happily for taxpayers, the House Ways and Means Committee subsequently dropped...

BSP acts on unfair credit card collection practices.
The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas will now take action against credit card companies implementing unfair collection practices to protect credit consumers. The improvement on credit card collection methods are now implemented after the central bank received complaints of unfair collection...

Money for nothing: states are finally collecting money from deadbeat dads. Now, if they'd only get it to the moms.
LONG AFTER HER DIVORCE, JANE Baker had thought of child support as a "bonus." Sometimes her ex-husband sent the checks to her home in Ohio, sometimes he didn't. Usually he didn't. Over nine years, her ex-husband, who lived across the border in Michigan, had piled up a debt of...