Arrears Management definition

Arrears Management means more than just tracking a debt with interest over the course of several decades. It is a pro-active method of reducing the balance of overdue amounts to ensure that assistance is distributed expediently to children. If not based on sensible and attainable child support payment criteria, the enforcement of child support debts results in a minimal or non-existent support payment and in the lack of the NCPs’ involvement in their children’s lives.
View Source

Examples of Arrears Management in a sentence

  • Ratio Arrears Management/ Coordinate and perform arrears, Number of Customers Outsourcing Services credit and bankruptcy functions.

  • VAT (£750 + VAT) Lettings and Rent Collection & Arrears Management Service If ▇▇▇ ▇▇▇▇▇▇ & Co provided tenants on a lettings and rent collection & arrears management service basis for a 12 month tenancy at a monthly rent of £1000 per month, then the fees due would be as follows: Initial setup/1st lettings service commission due = £900 inc.

  • The Arrears Management Group performs periodic reviews of the delinquency reporting and collection activity at the servicing entities.

  • Number of Customers Ratio Arrears Management/ Outsourcing Services Incorporated (OSI) Administration Coordinate and perform arrears, credit and bankruptcy functions.

  • Arrears Management capabilities, through the close supervision and monitoring of the utilization of Tax Credit Certificates.