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Why Using A Debt Collection Attorney Is Better Than Using An Agency
Your business must do everything it can to collect money from clients who have not paid off their accounts. However, you may not know how to get your money back. Working with a collections attorney is better than using an agency for a variety of reasons. Use the tips below to get your money back, handle collections quickly, and avoid spending too much time on old/delinquent accounts.
Collection Attorneys Are Selective
Debt collection is a difficult process and a proper collection attorney will not take every case. These attorneys believe that they have a sworn duty to help their clients, but they cannot do that if they are overworked. When you find a collections attorney that can help you, they have accepted your case because they believe they can collect on every account.
Collection Attorneys Use Legal Jargon To Help Make Their Case
No one wants to be sued, but debt collection attorneys can file a small claim against anyone that owes you money. When someone gets this document, they will be compelled to work out an arrangement with the attorney.
This is a fast and simple way to get your money back. The clients that have avoided your phone calls will need to talk to your lawyer. Plus, the lawyer has a massive office that can provide you with all the assistance you need. You do not need to write any uncomfortable letters, and you do not need to worry about making any phone calls. The lawyer will give you progress reports that explain how many people have paid, how much, and how much you paid in fees.
Lawyers Must Act Professionally
A debt collection agency is not bound by any code of conduct to act professionally. Collections agencies may say rude or unprofessional things to your old clients. You want your money, but you do not want to have your name tarnished at the same time. Plus, a collections agency is not hiring true professionals to get the work done.
A collection lawyer hires a professional staff of paralegals and administrators who can help you collect debts without any rudeness. The collection attorney you hire will be nice to everyone they contact, and they will use legal jargon to remain as neutral as possible. Plus, some accounts are so big that you may need to take someone to court. It is very hard to prove your case if a collection agency has been harassing or badgering your old clients.
Lawyers Will Give You A Fair Contract
Boston small claims are filed using an agreed-upon fee schedule. You will sign a contract with the lawyer that clearly states how much you are paying for each account that is to be collected. There is no confusion, and there are no surprise fees. The lawyer must treat you properly because they have a license to protect. Plus, the lawyer knows how to write simple contracts.
If the lawyer has collected all your accounts, they will give you a new contract for any future accounts. You can negotiate with the lawyer if you have several accounts to collect, and you will not be surprised by any extra fees once your contract is closed.
Collections Lawyers Can Advise You On Your Next Steps
If you get almost all your delinquent accounts settled, your collections lawyer will help you understand what can be done next. The lawyer knows that you do not want to spend all your money suing old clients, and you will get a full explanation of what your options are. Some accounts are so old that clients will not be obligated to pay them soon, or your lawyer may explain which accounts you must try to collect first.
Collections lawyers will not waste your time, and they will let you know if any case does not have enough evidence to proceed. These lawyers have sworn an oath to not take fruitless cases. You get an understanding of where your business should go from here, and you can get some advice about what you can do to avoid these problems in the future.
Collections Attorneys Take All The Accounts Off Your Hands
When you hand over your collections cases, the attorney takes over. You can allow the attorney to cut deals with your old clients, but you do not need to take their calls anymore. You have other things to do to manage your business. Plus, you may not even remember the nature of the account.
When you give your attorney clearance to offer discounts instead of paying the full amount, you can collect on more accounts. Your lawyer will let you know what they think your best options are, and you can start closing very old cases. You did not get any money in the past, and you can collect something while the case is still active.
A debt collection attorney will approach every case the same way. They use professional methods and language to communicate with your old customers. The debt collection attorney will give you advice when you are not sure what you should do to reconcile all your old accounts. Plus, the attorney can take old clients to court if you have lost a lot of money. Hiring a debt collection attorney in Massachusetts helps your company recover lost revenue, and you have a partner in collections that treats your clients fairly.