Collection Agencies – Collection Lawyers – Debt Collection

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.

Debt collection Law Firm Florida

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.

 

Collection Attorney Collecting Bad Debt

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 Lawyers - Collection Attorneys

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.

 

Collection Attorney Pursues Fraudulent Transfers

Debt Collection Attorney Pursues Officers of Companies  for Fraudulent Transfers

Creditor fraud is more abundant with a tighter economy.  Many officers of companies believe they can simply close down one corporation and then open up another company without liability. Our debt collection law firm concentrates on litigating these types of cases. Our debt collection attorney will look to assert personal liability on the officer of the company, your customer and the newly formed company  by asserting  various fraud claims, including claims brought under the uniform fraudulent transfer act.

Collecting your money-Debt collection methods

Guide to Internal Debt Collection Procedures

Collecting  Past Due Invoices

Our debt collection law firm has represented all industries, including insurance companies seeking to recover insurance premium, staffing agencies, commercial lender, material suppliers, just to name a few.  No matter what industry your company is in, it is important to take early steps to help eliminate a greater account receivable.  Let our debt collection law firm put together a debt collection strategy to help your company collect more past due accounts from your customers. We are not a commercial debt collection agency. There is a vast difference between a collection agency and a debt collection law firm. Collection agencies can send debt collection letters and make phone calls to try and collect past due accounts, however, collection agencies are not licensed to practice law and would have to send the account to a collection attorney to attempt collection of the account receivable if the collection agency was unable to collect the debt.

Collection Agencies Cannot Practice  Debt Collection Law

We invite you to call our debt collection law firm and ask to speak to our collection attorney.  The collection attorney will review your case and discuss various scenarios that may come into play while attempting collection of your company’s past due account. Our collection attorney has also authored a book on how to set up internal debt collection procedures and practices.  We cannot promise we can collect all outstanding accounts, but we can put your company in a better position to collect the money that is due for services rendered or  goods sold and delivered.

 

Demand Letter for Payment

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 to Collect Past Due Accounts

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 From Scamming Landlord

Judgment Obtained Against Boca Raton Woman and Real Estate Agent in Rental Scam

Our debt recovery law firm was retained by a Michigan woman, who after being introduced to an alleged high end  Boca Raton  property, that was supposedly  available for rent, sent $26,000.00 as a security deposit  to the owner of the property. The real estate agent failed to disclose a material fact to our client, namely that the restrictive covenants of the HOA did not allow owners to rent the property.  After learning of this fact, a little too late, our client demanded a return of the deposit. Both the real estate agent and the property owner  acknowledged that the money was due to my client , but the money  was no longer available to be returned. No explanation was given  to our client and soon, the owner of the property and the real estate agent  stopped communicating with our client.

Debt Recovery Firm

Collection Law Firm

Securing a Judgment was Relatively Easy -How to Collect on the Judgment is the Challenge

Obtaining a judgment for our client was relatively easy.  It should be noted that we obtained a judgment against both the husband and wife, the owners of the property as well as the real estate agent.  In Florida if a creditor only has a judgment against one spouse, property held as tenants by the entirety  are exempt from execution.  Because we obtained a judgment against both spouses this exemption will not pose a problem  in our enforcement efforts. The other area that has to be addressed even though we have a judgment  against both spouses, we would not be able to execute  on the homestead property  of the owners because of Florida’s constitutional protection of homestead property .  Fortunately, we were able to find several properties owned by the owners. Since you may only have one homestead, we are now exploring the possibility of foreclosing on the one of the other properties .

Call and Speak to our Collection Law Firm for Assistance

Our firm prides itself in exploring many avenues of collection. Our debt recovery firm has seen an uptick in fraudulent activity, coupled with the weak economy. There are many people who will resort to many unscrupulous activity when they are desperate enough for money.  As for the real estate agent, his license is in jeopardy. We will also explore the agent’s personal assets to attempt to secure the liquidation of the judgment for our client. As our debt collection attorney is beginning to piece together a solid debt collection strategy for our client, it is still too early to  tell you with certainty how collection on the judgment will occur. We will keep posting about this case and its debt collection strategy in future debt recovery law firm blogs.

We Welcome Complex Debt Collection Matters

Other attorneys who are not versed in post judgment collection, often refer  their toughest cases to our debt collection attorney for review. We do not take on all cases, but we do try to give each prospective client of our debt collection law firm an  honest assessment of what steps can be taken to enforce the judgment and thereafter, from our years of experience as collection attorneys prognosis as to chances of recovery. We encourage anyone with a debt collection issue to contact our debt recovery law firm. Together we will devise a collection strategy that is just right for you.

Collection Attorney Demand Letter May Collect Money Quickly

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.

 

Debt Collection – Collection Law Firm or Collection Agency

Collecting on Past Due Accounts Using a Collection Agency or Debt Collection Law Firm

For small business owners, collecting on past due accounts from your company’s customers is time consuming and keeps you from focusing on your company’s core business.  Because of that, many businesses turn to commercial collection agencies and or debt collection law firms to assist with debt collection efforts.  A collection agency can offer some value for those companies that have many small balance accounts that need to be sent to outside collection.  However, as we have previously talked about in previous articles is the fact that collection agencies are not licensed to practice law. A collection agency must send accounts to collection attorneys and debt collection law firms for further debt collection efforts once it is determined that the collection agency will be unable to collect on the past due debt. In doing so the collection agency raises its contingent collection fee.

Debt Recovery Firm

Collection Law Firm

Collection Agencies Can Serve a Limited Purpose

Debt collection law firms send out demand letters as well as make debt collection calls to your customers just as a commercial collection agency would do.  However, a major distinction between a collection agency and a debt collection law firm is that the demand for payment of your company’s past due accounts will come from a collection lawyer.  Receiving a demand letter for payment from a collection attorney lets your customer know that your company is prepared to take your customer to court if an amicable resolution to the past due account cannot be reached. In addition, your company will not have to pay an inflated contingency fee by sending accounts directly to a collection law firm as your company will not have to pay the collection agency an extra fee for simply sending the past due account to a collection law firm.

Call to Speak to Our Collection Attorney

We invite you to contact our debt collection law firm and speak to our collection attorney.  Together we would devise a debt collection strategy that was just right for your company.  We would be happy to go into more detail about the differences between  your company using a debt collection law firm rather than  a  commercial collection agency.

 

 

Debt Recovery – Debt Collection Law Firm

Collection  Agency or Collection Attorney

December is the time of year many businesses take a pause to self asses the year their business had. Many small businesses struggle with cash flow. Companies that have outstanding account receivable often do not have a system in place to pursue bad debt / past due accounts.   Our debt recovery law firm has put together a free -E-book to assist companies with their debt collection policies and procedures. Inside the book our collection attorney provides some strategies that may assist a company sharpen up their internal debt collection procedures.

Collection Lawyer Stephen Gebeloff

Collection Attorney Stephen B. Gebeloff

If a business has done everything they believe was possible to collect past due accounts, they often may start to consider sending the account to a collection agency.  Collection agencies may be an effect tool for debt recovery, but we have discussed the differences between a collection agency, collection attorneys, and debt collection law firms.  A collection agency is not licensed to practice debt collection law.  Collection agencies typically send accounts to collection attorneys throughout the United States. To send collection accounts to collection lawyers a collection agency must typically charge a higher contingency fee. The reason is that the collection agency is simply acting as a middleman.

Collection Agencies and Debt Recovery Law Firms Are Not The Same When It Comes To Collecting Past Due Accounts

Most commercial collection law firms can provide the same services that a collection agency can, but as stated above, because collection agencies are not collection attorneys, a debt recovery law firm can be a lot more powerful way to attempt the collection of your company’s overdue accounts. A letter and phone call from a collection attorney lets your customer know that your company is serious in pursuing the collection of the past due account.

 

There are many variants to being able to collect a past due account. Our debt collection law firm believes that before a lot of money is spent on contingent collection fees, a flat fee alternative should be considered. To learn more about flat fee debt collection attorney fee programs our commercial collection law firm provides, we encourage you to contact one of our debt recovery law firm and ask to speak to someone from our debt collection and recovery team.   CLICK HERE TO LEARN MORE

Collecting Past Due Accounts Collection Attorneys – Agencies

Debt Collection Law Firm

Thanksgiving means a lot of different things to different people. However, for a small business it may be time to start looking at different areas of the business that may need adjustments to better help with the overall cash flow of the business.  Collecting on past due account receivables and/or setting up credit and collection   procedures for your company may be one of those areas that with paying closer attention to collecting past due accounts, might make a difference.

Debt Collection Agency to Collect Past Due Accounts

Collection Law Firm to Collect Past Due Accounts

Commercial Collection Agency

Our debt collection law firm offers small businesses a variety of options to consider.  Commercial collection agencies are one way, but our collection attorney has discussed in past blogs the difference between a collection agency to collect past due accounts and a collection lawyer in a debt recovery law firm to collect your company’s past due account receivable.

Our Collection Attorneys Can Help Collect Past Due Account Receivable

Our firm has recently added a flat fee commercial demand letter for payment of debt.  Our clients were asking us for examples or templates of collection letters but, most found that a debt collection letter coming from a collection attorney was more effective than the company simply sending a letter demanding payment.  A company should send a demand letter for payment first, but after time passes it will become apparent when a company is simply stalling or cannot pay on the past due account.  If your company is interested in exploring our debt collection law firm’s flat fee letter to collect on past due accounts, feel free to visit our website.

 

Of course, or debt collection firm offers the same traditional collection agency services – letters and phone calls, but unlike a commercial collection agency, our commercial collection lawyers  will be able to  bring  suit to attempt collection of your company’s past due account receivable when warranted.

 

Debt Collection Attorney Letter For Recovery of Past Due Accounts

Letter Demanding Money Due

Even though companies are getting smarter about extending credit for goods sold and/or services rendered, there are still instances when unexpectedly your company is owed money on past due accounts.   Internal debt collection procedures should be in place for your company from the outset, again past due accounts   are part of the risk of doing business.  If you do not extend some credit, sometimes demanding upfront payment on account may lead potential customers to other service providers and/or companies to get product. We have put out a free guide to help your company set up debt collection procedures.

GET YOU FREE E-BOOK HERE

Collecting your money-Debt collection methods

Guide to Internal Debt Collection Procedures

Past blog posts have addressed the major differences between commercial collection agencies, collection law firms and debt collection attorneys. A collection agency does serve a purpose in some instances when your company may have a high volume of collection accounts with small balances where repeated debt collection calls may be all that is needed to collect your company’s money. However, collection agencies are not licensed to practice law. A commercial debt collection law firm gives creditors a stronger approach to attempting to recover the company’s past due account receivable.

Collection Agency of Collection Attorney Letter Demanding Payment

Our debt collection law firm has set up a new attorney demand letter service. For a flat fee our collection lawyer will draft a letter demanding payment of your company’s past due account. Putting the power of an attorney behind your demand for payment will let your customer know your company is serious about pursuing collection of the account.  If the demand letter fro payment does not result in your company receiving payment, our collection law firm can tailor a more traditional debt collection strategy which may include litigation to attempt to recover your money.

Call Our Debt Collection Law Firm

When you call our debt collection law firm one of our collection attorneys will speak to you about your company’s collection policies and procedures. Together we will work on a debt collection strategy that is right of your company, whether simply a letter demanding payment or starting a lawsuit to collect on the past due account receivable.