What you need to know about hiring a succesfull collection attorney

Behind The Scenes of The Business Collection Process

Massachusetts has some of the most stringent consumer protection laws in the country. This includes debt collection for individuals but also for businesses. If you are a business owner and your business customers are not paying their bills, your bottom line is suffering. Studies show that once a debt reaches 90 days old, the chances of collecting on that debt decreases significantly. No doubt you already know that.

Why hire a collection attorney?

One of the primary reasons you should work with an experienced collection attorney rather than a collection agency is personalization. Form letters simply do not work; debtors ignore them. While we take an aggressive approach to debt collection, we also understand the collection laws in the Commonwealth of Massachusetts. So, we understand that when we are collecting on your behalf, we are not only representing ourselves, we are also representing you. We do everything in our power to protect your reputation as well as our own in the collection process.

When should you hire a collection attorney?

Keep in mind, the longer you wait to pursue collection activities, the less chance your customer will pay their past-due invoices. In nearly all cases, we recommend that you work with a collection attorney after you have sent two invoices to the customer and not had any contact with them. This allows us to issue an initial request for payment, customized to your customer, and advise them that we have been hired to collect the money they owe you.

How much does it cost to work with a collection attorney?

One of the best reasons to work with a collection attorney is that you do not pay any fees unless we collect money for you. We are so confident in our ability to collect money owed you that we are willing to wait to be paid out of the money you receive.

What happens if they do not pay?

We will use every means available to us including searching for assets that the customer has. If we are unable to convince your customer to pay their past-due invoice, we will go to court and request the court issue a judgment for collection. If we have been able to find assets we will request the court allow us to attach those assets. For example, if your client has a bank account, we can request a bank account attachment; if they have real estate, we can request a lien on the property.

If you have business invoices outstanding and you want to collect those debts, contact Goldberg & Oriel. We have the experience you need and want when you decide to hire an attorney to pursue debtors in Massachusetts. Remember, it costs you nothing to have us evaluate your claim for you. So give us a call now or send us an email about the debt that you are owed.