Collecting Past Due Accounts Collection Attorneys – Agencies

Date November 26, 2016

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

Date November 19, 2016

Posted by gebeloff

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.

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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.

collection letter demand letter for payment

Date October 29, 2016

Posted by gebeloff

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.

Attorney Demand

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 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

Date October 3, 2016

Posted by gebeloff

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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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.

Attorney Demand

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

Date August 14, 2016

Posted by gebeloff

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.

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.

Attorney Demand

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 Attorney Marine Corps Marathon

Date June 19, 2016

Posted by gebeloff

COLLECTION ATTORNEY TO RUN MARINE CORPS MARATHON

Boca Raton, Florida collection attorney has pledged to run the 2016 Marine Corps Marathon in support of the Leukemia and Lymphoma Society. His debt collection law firm provides debt recovery and commercial collection services to corporations, individuals and collection agencies nationwide. The Gebeloff Law Group is there to support a collection agency when their debt collectors are unable to secure payment of past due debt. Collection agencies are not licensed to practice debt collection law. They must send noncollectable account receivables to collection lawyers for litigation when their agency cannot collect the debt.

FIFTH MARATHON FOR COLLECTION LAWYER TO BENEFIT LEUKEMIA AND LYMPHOMA SOCIETY

Collection lawyer Gebeloff has pledged to fund-raise to support the Leukemia and Lymphoma Society.

(Click Here to Sponsor Steve)

Collection Attorney Gebeloff

The debt collection law firm is fortunate that is has collection agency and other clients the firm provides commercial collection services for. These collection agencies and commercial clients have sponsored his efforts. Just like running a marathon collection of past due accounts requires careful planning. Collecting on judgments in particular requires analyzing each fact pattern on a case by case basis. The firm’s debt collection attorney will look for ways to impose personal liability on officers of the debtor company.

COLLECTING DEBTS, RUNNING MARATHONS, RECENT DEBT COLLECTION AUTHOR

Collection attorney Gebeloff has recently authored an E-Book on collecting on past due accounts. The book is free and will be a valuable tool for many companies that extend credit. The book helps set up internal credit and collection policies and procedures for companies as well as discusses collection agencies, commercial collection attorneys and post judgment debt collection strategies. Feel free to download a copy of the “Collecting Account Receivables” E-Book HERE.

SUPPORT COLLECTION ATTORNEY GEBELOFF’S RUN HERE

Collection agencies collection agency debt collection

Date May 28, 2016

Posted by gebeloff

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 agencies that specialize in debt collection for small businesses that they should 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

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.

Collection Agency Agencies Demand Letter

Date May 21, 2016

Posted by gebeloff

Collection Agency Litigation Departments Forward Claims from their Collection Agencies

A collection agency is not licensed to practice debt collection law. Collection agencies set up departments in their collection agency to forward accounts for collection of past due account receivables to commercial collection attorneys. Our debt collection firm has established a division that gives credit managers the opportunity to forego using a collection agency and send their accounts for collection directly to our commercial debt collection law firm.

Debt Collection Law Firm

AttorneyDemandLetters.com May Save You Money When You Use An Attorney Debt Collection Service Instead of a Commercial Collection Agency

AttorneyDemandLetters.com was established to offer credit managers a low cost solution to paying high collection agency contingent fees. Just like collection agencies our collection lawyers will draft a demand letter for payment. In addition, we offer an attorney telephone demand service to let your customers know that your company is serious about collection past due accounts that are due. Collection agencies typicaly charge between thirty – forty percentage contingency fees. With our flat fee service, you may save thousands of dollars using this debt collection service instead of utilizing a collection agency.

Collection Agencies May Not Be As Effective

Once your customer sees that you have retained a law firm to assist your company collect past due debt, the debtor will know that if arrangements are not made with your company for payment, litigation may be imminent. Today, most debtors recognize that a collection agency cannot bring suit. Collection agencies rely on commercial collection attorneys to bring suit on behalf of their collection agency clients. The collection agency in effect is acting as a middleman. As a result, you end up paying a higher contingent fee. By cutting out the collection agency you are eliminating the middle man and will save on contingency fees.

Collection Agency Collection Agencies Software

Date May 15, 2016

Posted by gebeloff

Collection Agency Collection Attorney Software

Whether you are a collection agency or a collection attorney in order to properly manage your work flow in a debt collection setting it is important to have debt collection software. Collection agencies and commercial collection law firms typically have a high volume of debt collection files. To manage these files without the assistance of a debt collection software program would almost be unheard of in the debt collection industry.

Our commercial collection law firm uses a web based software called Casetracker. Casetracker software allows our debt collection professionals track thousands of commercial debt collection cases. Because it is web based it allows not only our commercial debt recovery staff but also our commercial debt collection clients to log in from anywhere there is a web browser, including smart phones, to gain access to their files.

Collection Agencies and Collection Attorneys Use Debt Collection Software

Casetracker has different modules in place to help manage the work flow. Our debt collectors have a different module from our customer service representatives. Each collection file maintains a separate accounting section so that when funds are collected from debtors, clients are easily able to track the amount collected, the contingent collection fee that our collection lawyers will retain and then the net proceeds of the collection that will be remitted back to the client.

Collection Law Firm

Our commercial debt collection law firm was first introduced to Casetracker by a Florida commercial collection agency that had been using the software for several years. Collection agencies have some different needs when it comes to debt collection software but, the similarities between what a commercial collection law firm and a commercial collection agency do are not that different. Casetracker was able to customize our debt collection software to our needs as we did not need some of the features that a commercial collection agency would utilize.

We are a commercial collection law firm based in Boca Raton, Florida. We would be happy to share our experience using Casetracker over the years in our office. We welcome commercial debt collection claims directly from creditors and from collection agencies from all over the United States.

Demand Letter for Payment

Date April 22, 2016

Posted by gebeloff

Collection Agency Demand Letter

Collection agencies send demand letters to debtors to recover past due account receivables. A collection agency may send a series of demand letters seeking to collect money due and owing for their client. A demand letter sets forth the collection agencies authority to represent a creditor and the amount the collection claims is due and owing on behalf the creditor.

Florida Collection Agency Demand Letter

Collection Agencies Are Limited in the Scope of the Debt Collection Services the Collection Agency Can Provide

Creditors need to recognize that collection agencies are limited in their ability to effective represent a client in that the collection agency does not hold a license to practice law. Effective recovery of a past due account may sometimes require the filing of a lawsuit to make the debtor come to the table and pay the past due account. Collection agencies also need to refer cases to debt collection attorneys. When the collection action has to refer the matter to a collection lawyer they typically charge the creditor a higher contingency fee.

Flat Fee Attorney Demand Letter for Payment

Our debt collection law firm has started a flat fee demand letter service that creditors may wish to consider before obligating their company to paying contingent fees upon collection. Just like a collection agency our debt collection lawyers will draft an attorney demand letter seeking payment of the overdue account. Because the demand for payment is coming from a collection attorney rather than a commercial collection agency, the likelihood that the debtor will take the demand for payment more seriously increases.

You May Save Money Using a Collection Lawyer

Because your account would already be with debt collection attorneys, if litigation was truly required to liquidate the past due account, there would be no need to forward the debt collection claim from a collection agency to our commercial collection law firm. Your company would not to pay a higher contingent collection rate to the collection agency thus, saving your company money upon the recovery of your money.

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Guide to Internal Debt Collection Procedures

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