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.

 

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.

 

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.

 

collection letter demand letter for payment

Demanding Payment With Collection Letters

Sending a demand letter for payment of past due account receivable is the first step in effectively managing your company’s cash flow.  A demand letter puts your customer on notice that your company is ready to take collection of the past due account to the next level.  Our commercial debt collection law firm has established an attorney demand letter program.

 

Demand Letter Are Effective Collection Tools

An attorney demand letter for payment of money due to your company indicates to your customer that you are willing to start a legal proceeding to collect on the account. The difference between a demand letter from a collection attorney rather than a demand letter from a commercial collection agency is obvious.   Collection agencies are not licensed to practice law. Most debtors know that and will ignore demand letters from a collection agency.

 Collection Attorney Demand Letter

Collection Attorney Gebeloff

A demand letter from our   collection lawyers will be firm and the letter for payment will make it clear what the consequences may be if the letter for payment does not result in your customer paying you. Our collection law firm also has begun to offer flat fee pricing for the demand letters for payment.  Typical collection agencies charge a contingent fee upon collection. Our flat fee debt collection demand letters are offered at a low price with no contingent fee if the letter results in the customer paying you.

Click Here to Learn About Are Demand Letter Program

Of course, if the demand letter does not secure payment of your past due account, our law firm can then assist you with moving your collection matter into the litigation arena. No matter where  your customer is located, with our  demand letter for payment and/or litigation services, we can  assist your company collect on past due account receivable.

Demand Letter for Payment

Attorney Demand Letter for Payment is Effective Debt Collection Tool

Sending a demand letter for payment when trying to collect account receivable puts your client on notice that your company is preparing to send the account to a third party to collect if payment arrangements are not made.  We have written about the differences between commercial collection agencies and commercial debt collection law firms.  Creditors that use a collection agency end up paying higher contingent fees upon collection of the account when the collection agency sends the account to a collection attorney when the collection agency cannot collect on the debt without litigation. Collection agencies are not licensed to practice law.

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Collecting your money-Debt collection methods

Guide to Internal Debt Collection Procedures

Demand Letter for Payment May Save Your Company Money

The Gebeloff Law Group has started an attorney demand letter program for creditors seeking to recover past due collection accounts. The attorney demand letter for payment advises your customer that this is their last attempt to make payment arrangements before your company may decide to pursue legal action to collect on the debt. The demand letter for payment also serves a purpose to verify that the customer still has an active mailing address so that in the event litigation is necessary to collect on the debt, the sheriff will be able to serve a summons and complaint.

 

Our law firm offers creditors a flat rate for sending a demand letter for payment.  The demand for payment instructs your customer to make payment arrangements directly with your company. By offering a flat fee, our clients may save money because they will not have to pay a commercial collection agency a contingent fee which usually ranges between twenty and thirty-five percent.

Many creditors look to our law firm to provide complete debt collection services. Our demand letter for payment is just one tool for debt collection that our law firm provides.  We invite companies to call our firm   and see if sending an attorney demand letter for payment of past due accounts is right for their company. If the attorney demand letter for payment is not effective alternative collection tactics can be explored.

 

Attorney Demand Letter for Payment is Effective Debt Collection Tool

Collection Agency Alternative

Collection agencies typically have legal forwarding departments for debt collection accounts that the collection agency was unable to collect.  The collection agency maintains a network of debt collection attorneys that are retained by the collection agency to file lawsuits or send attorney demand letters demanding payment for money owed.  Once collection agencies forward an account to a collection lawyer the collection agency must charge a higher contingent fee upon collection.

Attorney Demand Letter for Payment

The Gebeloff Law Group has created a debt recovery program that could save companies money. AttorneyDemandLetters.com was designed to allow a credit manager to put the power of their final demand for payment with a debt collection attorney for a low flat fee.    There is also an option to have a debt collection lawyer make a phone call to the debtor to make final demand for payment of your company’s money.

Debt collection demand letter

Collection Demand Letter

AttorneyDemandLetters.com allows clients to test the temperature of their chances for collection of past due accounts without having to pay a collection agency a contingent collection fee. Our attorneys will draft a demand  letter for payment. The chances that a debtor will respond to an attorney demand letter for payment rather than a letter from a collection agency are obvious. The demand letter from an attorney stresses the urgency that your customer make immediate arrangements for payment with your company.   Of course, our debt collection law firm is able to provide full debt collection litigation services in the event the debtor does not respond favorably to the attorney demand letter for payment of the money due to your company.

 

The Gebeloff Law Group would be happy to discuss all of your debt collection needs. Together we can devise a debt collection strategy that is just right for your company’s debt collection needs.

Collection agencies collection agency debt collection

 Collection Agencies Have Limitations

For most small businesses, having to engage in collecting past due accounts becomes frustrating. For small business owners cash flow is crucial to keeping the lights on and the business up and running.   Having to take the time and resources to attempt to collect past due accounts internally takes away from the time the business should be focusing on their core business.  There are commercial collection agencies to consider. But, perhaps a better alternative is utilizing debt collection law firms who focus their practice on representing business that are owed money. We have talked in past blogs about the limitations of using a collection agency to collect your company’s money.

Collection Agencies Are Not Licensed to Practice Debt Collection Law

A collection agency cannot hold themselves out as a  debt collection law firm nor can they legally practice debt collection law.  Collection agencies send a series of collection letters and then attempt to collect past due accounts by making debt collection telephone calls demanding payment.  Collection agencies also typically will charge a contingent collection fee between 25% to 40%.   If a lawsuit is required to sue a debtor for your money, the agencies typically will raise the contingent fee even higher.

Debt recovery law firm

Debt Recovery Law Firm

Alternative to Collection Agencies

Our commercial debt collection law firm has   designed a new program to offer credit managers and small business owners an alternative to paying a collection agency high contingent collection fees.  We have established www.AttorneyDemandLetters.com .  With this unique debt collection service, a flat fee is offered. We will send out an attorney demand letter for payment of your money and also offer an option for attorney demand telephone calls.  The concept is to “Put the Power of an Attorney Behind Your Demand for Payment.”    It is clear that when your customer sees demand for payment coming from a debt collection law firm rather than a collection agency, your customer will now that their time to contact your company to make payment arrangements is running short.

 

Please visit our website for further information on how you can use the power of a debt collection attorney to help you recover your money. We will show you why it may no longer be necessary to consider using commercial collection agencies to collect past due accounts.