Copyright © Philip M. Parker, INSEAD. Terms of Use.

COMMERCIAL LOAN COLLECTION OFFICER

Specialty Definition: COMMERCIAL LOAN COLLECTION OFFICER

DomainDefinition

Occupations

Coordinates activities to collect delinquent commercial loans: Reviews files of commercial loans in default to determine collateral held by bank. Writes letter to customer to demand payment of loan balance. Calls or visits customer to determine if repayment plan can be established. Computes repayment schedule, using calculator. Determines if status of customer's financial position prevents repayment of loan and justifies re-classifying loan as non-revenue producing. Initiates collateral liquidation when customer does not repay loan. Petitions court to transfer title and deeds of collateral to bank. Coordinates maintenance and repairs to property. Coordinates activities to maintain income flow related to seized assets, such as notifying renters to mail payments to financial institution. Calls real estate broker to initiate sale of real estate. Calls auctioneer or liquidation specialist to sell specified property, such as machines, equipment, and inventory at public auction. Specifies changes to bank records on value of loan. May testify at legal proceedings. (references)

Source: compiled by the editor from various references; see credits.

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Alternative Orthography: COMMERCIAL LOAN COLLECTION OFFICER


Hexadecimal (or equivalents, 770AD-1900s) (references)

43 4F 4D 4D 45 52 43 49 41 4C      4C 4F 41 4E      43 4F 4C 4C 45 43 54 49 4F 4E      4F 46 46 49 43 45 52

Leonardo da Vinci (1452-1519; backwards) (references)

            

Binary Code (1918-1938, probably earlier) (references)

01000011 01001111 01001101 01001101 01000101 01010010 01000011 01001001 01000001 01001100 00100000 01001100 01001111 01000001 01001110 00100000 01000011 01001111 01001100 01001100 01000101 01000011 01010100 01001001 01001111 01001110 00100000 01001111 01000110 01000110 01001001 01000011 01000101 01010010

HTML Code (1990) (references)

&#67 &#79 &#77 &#77 &#69 &#82 &#67 &#73 &#65 &#76 &#32 &#76 &#79 &#65 &#78 &#32 &#67 &#79 &#76 &#76 &#69 &#67 &#84 &#73 &#79 &#78 &#32 &#79 &#70 &#70 &#73 &#67 &#69 &#82

ISO 10646 (1991-1993) (references)

0043 004F 004D 004D 0045 0052 0043 0049 0041 004C      004C 004F 0041 004E      0043 004F 004C 004C 0045 0043 0054 0049 004F 004E      004F 0046 0046 0049 0043 0045 0052

Encryption (beginner's substitution cypher): (references)

37494747395237433546246493548237494646393754434948249404043373952

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INDEX

1. Orthography
2. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.