Collecting delinquent receivables:
Remember to always invest in yourself first. In my case that means staying up to date on transaction law changes, and stay up on the myriad ways to handle business disputes. By “business disputes” I mean any number of methods to address problems business clients encounter from warranty claims, debt collection, intellectual property, employment issues, financial issues, etc., etc. One of the most common is debt collection. A client or customer that accepts your goods and services, and then fails to pay, robs of that amount of profit. Plain and simple, that is a big deal.
As a debt collection attorney, I continue to provide debt collection experience to my business clients as I have for more than 35 years. I approach your business debt collection issue as if it was my problem, and I’m operating in your industry. I have collection programs to handle all aspects of debt collection from fresh debts, with or without the benefit of a lien, lawsuit prospects to less attractive lawsuit debtors, litigation, and judgment enforcement. I individualize our work plan and provide our clients with practical and impressive recoveries. I do advanced skip trace and asset location work in almost all cases, as debt collection work is not done until the debt is collected; meaning, in many cases, assets have to be located so debtors voluntarily pay, or the asset is seized.
In carrying out our responsibilities as professionals, we exercise sensitive professional and moral judgments in all our collection activities. A realistic evaluation of the prospect of recovery is an important part of the decision of how far to go with a collection claim. That’s why asset trace work should be done early in significant cases.
The clients who rely on our firm as commercial collection attorneys expect us to discharge our responsibilities with integrity, objectivity, due professional care, and a genuine interest in serving them in their best economic interest, not ours. They expect and receive efficient, effective representation with their collection matters. We always protect the interest of the clients and give prompt diligent attention to all collection claims.
With a certain volume of bad debts from any one client, we recommend an analysis of that firm’s unique accounts receivable issues and concerns and offer solutions customized for that firm, taking into account the size of the firm, its practices and its client or customer base.
I have had thirty five (35) years of experience in creditor debtor relations, commercial and consumer collection matters, and commercial litigation. I can offer a full array of services to help with every aspect of receivables. You can take advantage of all the services, or select those that help you address the issues of greatest concern to you. However, overall, we utilize an approach that is geared to be cost-efficient for the client, no matter what their size. In the long run, what is best, is often based on strategic planning to develop workable solutions to receivables issues and preventing problems from recurring.