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Recover Your Debt
Dealing with business customers that owe you money but do not seem to be willing or even caring to pay can be very frustrating and bad for your company’s finances, and hence effect your bottom line. One of the common tactics that commercial debtors use is to promise that they will make regular payments, and end up sending occasional checks that are only a small fraction of their outstanding balance. As a business owner, you may be tempted to give the customer all the time they request in order to ensure that they will keep doing business with you. This may be because you know how competitive the business environment has become, and view hiring an attorney as unaffordable. However, if you look at the long-term consequences of this strategy, savvy business people realize that often it is in your best interests to engage an experienced collection attorney who works on a contingent fee basis. This means, not only that they don’t get paid unless they collect on your debt, but more importantly that hopefully you will collect the money that is owed, rather than take the chance that your customer will go out of business or pay your competitor instead of paying you.
Why you shouldn’t waste time with a collection agency
Collection agencies apply a number of techniques that are not always effective, especially if the debt has been outstanding for a long time. As you might know, all collection firms first send debtors a reminder, then start making phone calls in the hope that they’ll be able to recover a portion of your money. While these techniques might work in certain cases, their effectiveness isn’t guaranteed. Instead of wasting more time on a debt that is already long overdue, leverage the law and hire an experienced collection attorney to collect your debt.
A collection attorney will recover your money
The probability of recovering a debt drops considerably if it has been outstanding for a long time. Therefore the sooner you use the services of Goldberg & Oriel, the more likelihood that you will recover the money you are owed. With over 40 years of experience in commercial debt collection, we will explore every possible legal avenue to make sure you recover what is owed to you. Please contact us today by email or by phone for more information on business collections. Remember, there is no charge for us to evaluate your claim.