A Florida Collection Lawyer Can Help Your Company Collect Delinquent Account Receivable In 2018
Our Florida collection lawyer has been concentrating his practice on commercial debt recovery for more than twenty-five years. Our collection lawyer looks at each debt collection case when it is received in our collection law firm to devise a strategy to maximize the potential to collect money for each client. No two debt collection cases are the same. Our collection attorney will explain the debt recovery strategy to your company so that the company is made aware of the various scenarios that could occur when pursuing collection of past due invoices.
Florida Collection Attorney Gebeloff
Collection Lawyers Versus Collection Agencies
When collecting debt, your company should be aware of the differences between using a collection agency to collect your company’s money versus using the collection lawyers at a debt collection law firm. Collection agencies are very limited in what they can legally do to attempt to collect past due accounts. Collection agencies can only send demand letters and make debt collection phone calls. A collection lawyer not only is able to make collection calls to recover past due accounts, but can send demand letters for payment. The power of a collection lawyer signing a demand letter for payment has a much bigger impact than a debtor receiving a demand letter from a collection agency. When a debtor receives a letter from a collection lawyer, they are made aware that litigation may be imminent to collect on the debt.
Call Our Collection Lawyer
We encourage you to call our Florida debt collection law firm and ask to speak to our collection lawyer. Our collection lawyer will take the time to understand your particular debt collection needs. Working directly with our collection lawyer, our debt recovery law firm will be able to devise a collection strategy that is just right for your company on each case to help your company achieve a higher rate of collecting past due account receivable.
Debt Collection -Recovery in December – Not the Most Wonderful Time of the Year to Collect Money
December brings the holidays and with it small business owners not only having to pay their suppliers, but also have the added pressure of having to buy presents for their friends and families. Our debt collection law firm has noticed a trend that many of the companies who we make collection calls to attempt to recover our clients’ past due account receivable overwhelmingly have the same outcome – “We really do not have the money to pay this invoice and/or open account.” Our collection attorneys have noticed that cash flow for most small businesses is on the decline making it harder for our clients to secure timely payments on their account receivable.
Collection law firm – Collection Attorney
Our collection attorney law firm believes that in most cases it takes a collection lawsuit to get the attention of your customer. Until a lawsuit is brought to collect on your company’s open account receivable, your customer may be out buying holiday presents for their friends and family, rather than paying your company on past due invoices. When it comes to collection money, our collection lawyers believe that time is not on your side. The more legal pressure that is put on your customer to pay past due invoices, the greater are the chances to recover the money due and owing to your company. A collection agency is not always the best option to collect money.
We Are Not a Collection Agency
When you call our debt collection law firm, you will be able to speak to our collection attorney to devise a debt collection strategy that best fits the needs of your company and takes into account the financial position of the customer who owes your company money. Collection agencies are not licensed to practice law. A collection agency can only make debt collection calls and send collection letters demanding payment.
Collection Agencies Are One Dimensional – Call Our Collection Attorney
Ask us how our attorney debt collection law firm differs from a commercial collection agency. Yes, collection agencies have a purpose, but when in December collecting money is not the most wonderful time of the year, let our debt collection lawyers guide you in establishing the best strategy to help your company move into the new year with a debt collection strategy that is right for your company. Let our collection law firm help you recover ore money in the months and years ahead.
Collection Agency or Debt Collection Law Firm
As the economy continues to struggle, our debt collection attorneys continue to contact businesses attempting to collect money on past due accounts. Our collection lawyers are finding many honest business owners admitting to owing the debt, but because of their own personal cash flow struggles are not able to pay the debt in a lump sum payment. Our debt collection law firm is entering into many debt repayment plans. Creditors should keep in mind that until a matter is in in suit, there is no real teeth in the debt repayment plan. Many times, our collection attorney will recommend starting suit to recover money and then enter into a repayment plan secured by a court order.
Florida Collection Attorney Gebeloff
Collection agencies are unable to start suit to collect money. A collection agency is not licensed to practice debt collection law. Collection agencies send out a series of collection letters and then attempt to collect money by making repeated phone calls. Many times a collection agency will try to collect the account for an extended period of time when in reality a debt collection attorney will be more effective. The debt collection law firm is able to file a lawsuit to collect past due accounts. The collection lawyer will then be able to either settle the account or secure a judgment for the amount that is owed.
Use a Florida Collection Attorney to Collect Money
Once judgment is entered, there are many different post judgment options that our collection attorney will discuss with you. Simply a collection agency is limited in what it can do to collect money. Collection agencies do have their purpose, but creditors typically find that placing an account for collection with a collection attorney has many advantages over placing an account for collection with a commercial collection agency.
Florida Collection Agencies Differ From Florida Collection Law Firms
Many creditors continue to send past due accounts to Florida collection agencies. Florida collection agencies send demand letters for payment to your customers that owe money. A collection agency can make debt collection phone calls to attempt to recover your company’s past due accounts. Many creditors come to our debt collection law firm after their account has been with a collection agency. What our collection attorney finds after reviewing the delinquent account is that a collection agency holds on to the past due account for too long. Florida collection agencies loss profit when they need to forward your collection account to a debt collection law firm. The reason is that the collection agency has to split the contingent collection fee with the debt collection lawyer.
Florida Collection Agencies and Fictitious Collection Agency Names
Our law firm is not a Florida collection agency. Florida collection agencies are not licensed to practice law. We see many Florida collection agencies take on fictitious names that lead not only companies to believe they are a Florida debt collection law firm, but deceptively try to lead your customers that they are collection attorneys licensed to practice debt collection law. By way of example, a Florida collection agency will take on the fictitious name Jones, Williams and Smith. The Florida collection agency then instructs their debt collectors to make collection calls stating they are with the firm of Jones, Williams and Smith. That is a highly deceptive practice misleading your customers who are in collection to believe they are being contacted by debt collection attorneys from a Florida debt recovery law firm.
Florida Collection Attorney Gebeloff
Our Florida collection attorney believes that creditors will get better results sending their delinquent accounts directly to our Florida debt collection law firm. Our Florida collection attorney will send an attorney demand letter, demanding payment of the Past due account. If immediate payment arrangements are not made, our debt collection attorney will set forth a debt collection strategy and discuss with your company how your company’s money may or may not be able to be collected. Please feel free to call our Florida collection law firm. We will explain in detail how we differ from a Florida collection agency. Together we will devise a collection strategy that is just right for your company to pursue past due delinquent accounts.
About Collection Agencies:
Collection Agency Directory
Florida Collection Agency
Florida Collection Agencies
Collecting Money Owed After Hurricane Irma
Hurricane Irma has brought the Florida economy to a halt. The strain on small businesses may make it harder for your company to collect money from customers to whom you have extended credit. Hurricane Irma has caused many businesses to board up and close. This will obviously have an economic impact on everyone and may make it more difficult for your customer to make payments that are due because of cash flow issues. Once the storm clears, and things get back to “ business as usual” in Florida, it is important for your business to stay on top of their collection accounts.
Collection Attorney – Debt Collection Law Firm
Our debt collection law firm is sympathetic to cash flow problems that small businesses may encounter. However, unless your company stays on top of collecting money owed to your company, your company’s account receivable may end up on the bottom of the stack of invoices your customer must pay. Our collection attorney will make demand for payment and stress the urgency that your customer make payment arrangements to pay the debt owed to your company. If payment arrangements are not made, our debt collection law firm will recommend that suit be started to collect the money.
Call Our Debt Collection Law Firm
Once a lawsuit is commenced to collect the money owed to your company, if your customer is serious about paying the past due invoices, a payment schedule can be set up. The payment schedule would be filed with the court. If the customer missed a payment, your company would be able to secure a judgment for the amount owed to your company. Litigation does not always secure payment of money owed to your company. However, once suit is filed your customer should feel the urgency to get the debt owed to your company resolved.
Speak to a Collection Attorney
Call our debt collection law firm and ask to speak to our collection attorney. Together we will devise a collection strategy that is just right for you.
Collecting Money Owed To Your Company With A Florida Collection Lawyer
Our Florida debt collection law firm has experience in collecting past due account receivable owed to your company. Collecting money from companies that owe your company money can be frustrating. In today’s economy, many businesses are struggling with cash flow which results in paying their vendors on a timely basis. Debt collection hopefully is the last resort for your company and your company has a good internal credit and collection practice in place. Our collection attorney has authored a book to assist companies set up internal credit and collection practices. Click here to get your free copy of this informative Ebook on debt collection.
Florida Collection Attorney Gebeloff
Debt Collection Law Firm – Debt Collection Attorneys
Our collection lawyer has explained before the difference between a commercial collection agency and using a debt collection law firm to assist your company recover bad debt. Collection agencies do have a purpose. However, a collection agency is limited in collecting past due accounts in that they have to rely on sending demand letters for payment and/or make a series of collection phone calls. A debt collection law firm uses collection attorneys and debt collection lawyers to not only send demand letters for payment of money due and owing, but the collection lawyer is able to file a lawsuit to collect on the past due account if collection letters and debt collection phone calls to not lead to the recovery of your money.
Our Florida collection lawyers also concentrate on collecting on judgments. Once a judgment is obtained there are a variety of methods that our debt collection law firm can employ to try and discover assets. Obtaining a judgment for money due your company is not necessarily difficult, it is collecting on the judgment and getting you company paid the money it is owed that sometimes takes the right skill and finesse to liquidate the judgment so that your company collects the money it is owed
Collecting Money in Florida – Collection Agency – Florida Collection Attorney
In past blogs, we have discussed the difference between using a Florida commercial collection agency rather than a Florida debt collection attorney. Collection agencies are not licensed to practice debt collection law. A collection agency typically will make collection calls and send a few collection letters to your customer to collect your money. If the collection agency is not successful, they then have to charge you a higher contingency fee and send the case to a collection lawyer.
Florida collection law firm
A debt collection law firm contacting your customer first to make demand for payment, has a bigger impact than your customer receiving a collection letter from a commercial collection agency. A debt collection lawyer after sending a demand letter and calling your customer demanding payment, can then recommend that a lawsuit be started to recover the money that is owed to your company.
Florida Debt Recovery Law Firm
Once a lawsuit is started to recover your money, your company now has greater control over the debt collection process. Your customer will either recognize the debt and attempt to make payment arrangements with our office – hire an attorney, if there is a legitimate dispute to the debt or ignore the debt collection lawsuit. If the lawsuit is ignored, your company would be entitled to have a default judgment entered against your customer for the amount of the open invoices, costs and interest as allowed under Florida Law.
Florida Collection Attorneys – Lawyers
To learn more about the debt collection process and about how our Florida collection attorneys may be able to help your company recovery its money, we encourage you to contact us and ask to speak to one of our collection attorneys. Working together, we will devise a debt recovery strategy that is just right for your company.
Debt Collection Attorney – Lawyer
Florida debt collection attorney recently performed with the Symphonic Band of the Palm Beach – Armed Forces Salute. When he is not his saxophone, collection attorney Stephen Gebeloff, manages his commercial debt collection law firm in Palm Beach County. The Gebeloff Law Group is a boutique debt collection law firm with its offices in Boca Raton, Florida.
Collection Attorney – Debt Collection Law Firm
The debt collection lawyer prides himself with offering customizable debt collection strategies to his debt collection clients. As an attorney who concentrates his practice on complex debt collection matters, Mr. Gebeloff explores a wide variety of possible of legal theories that he maybe able to utilize when devising a collection strategy for your company. Collecting money from your customers is the primary goal of our debt collection strategy. Sometimes, a demand letter from a collection attorney may be all that is needed to collect on past due invoices. A letter from a collection attorney rather than a collection agency sends a powerful message that your company is serious about collecting past due accounts.
Contact Our Debt Collection Law Firm
When you contact our Florida debt collection law firm, Mr. Gebeloff will take the time to understand your business and make recommendations on how your company can take better control of delinquent accounts. Our firm has developed an attorney demand letter service that may be appropriate. Our collection law firm also considers officer and director liability. There are times when the corporate entity is more of a sham and is akin to the individual officer him or herself. In that case, our collection attorney will look to assert personal liability for the debt on the officer(s).
When you call our collection law firm, our staff will be happy to answer your questions about commercial debt collection law. We are not a commercial collection agency. There are big differences between using collection agencies rather than collection attorneys when collecting your debt. Let our debt collection attorneys help your company maximize collect of past due accounts.
How Do You Write a Demand Letter for Payment
Our debt collection law firm receives many calls from potential client’s inquiring on the best way to write a letter demanding payment. When writing a letter that demands payment of past due invoices or a demand letter for services rendered, it is important to identify clearly in the letter that if payment arrangements are not made by your customer, you would strongly consider further legal action to attempt collection. Demand letters for payment also serve as an initial attempt to verify that your customer is still operating at the same business location.
Demand Letter for Payment
What Happens if the Demand Letter for Payment Does Not Result in Payment
Not every demand letter for payment will result in your customer paying for services rendered or goods sold and delivered. However, as indicated the letter demanding payment will put your customer on notice. Our debt collection attorney started a demand letter service for clients who want to put the added strength of a debt collection law firm behind the demand letter. When your customer receives a demand letter from an attorney it is clear that if payment arrangements are not made immediately, legal action to collect the past due invoices for services rendered or for goods sold and delivered would be the next step in the debt collection process you would consider.
How Does the Demand Letter for Payment Program Work
To find out more about how our debt collection law firm operates its attorney demand letter for payment of money owed, please visit our home page. We look forward to more creditors utilizing our attorney mend for payment service to collect money owed. Our debt collection attorney would be happy not only to discuss the demand letter process, but also devise a debt collection strategy that is right based upon your company’s debt collection needs.
Debt Collection -Recovery for Small Business / Collecting Account Receivable
When a small business carries account receivable on the company’s books, cash flow can be severely impacted. Internal collection procedure should be established so that past due accounts do not get too far behind. Many companies when they cannot collect on past due accounts start to consider using commercial collection agencies. A commercial collection agency typical will send out a series of collection letters demanding payment of the past due account. A collection agency will also pass the debt collection account to several debt collectors to try and collect on the past due invoices.
Collection Agencies Have Limitations
In today’s economy, the old model of sending an account a collection agency may not be as effective as it was several years ago. Today those companies that push the hardest will get paid the fastest. Our commercial debt collection law firm has several different approaches to collecting past due accounts. Just like a collection agency, our collection lawyer will draft a demand letter seeking payment of the past due account receivable. A significant difference is that demand letter for payment of the account is on a collection law firm’s stationary. A demand letter for payment coming from a collection lawyer, rather than a collection agency will have a greater impact on stressing the urgency of your customer making payment arrangements to satisfy the debt.
Florida Collection Attorney Gebeloff
Attorney Demand Letter for Payment
Our debt recovery law firm has also developed a program to offer a flat fee for sending a demand letter for payment of debt followed by a phone call from one of our attorneys to help recover money due to your company. Using this program a creditor does not have forfeit a high contingent fee to a collection agency. A demand letter from a collection attorney has a greater impact and has the potential to save your company significant amounts of money in collection fees. Call our debt recovery law firm today and ask to speak to a collection attorney to discuss an effective debt collection strategy that is just right for your company.