bursar-l: Settlement Offers

We'd be interested in knowing whether other schools accept settlements
on their institutional loans and/or delinquent AR accounts? We are
working to establish a guideline as to whether we will accept anything
lower than the full amount (Principal + Interest + Late Fees +
Collection Costs). These are accounts already placed with collection
agencies and usually on their second placement. Any feedback is
greatly appreciated.

Beth
 
Elizabeth D. Allen, CPA
Accountant II
Shenandoah University
Business Office
1460 University Dr.
Winchester, VA 22601
Email: eallen_at_su.edu
Phone: (540)542-6294
Fax: (540)665-5433

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Received on Wed Sep 23 2009 - 09:26:16 EDT