Collection Agency Agencies Demand Letter

 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 Agency

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 Agencies Demand Letters

Collection Agencies Use Demand Letters

Collection agencies have been referring their collection agency accounts to our commercial collection law firm early in their debt collection process. In previous blog posts we have discussed the difference between a collection agency and a collection lawyer. There has been a lot in the news about collection agencies, With the economy slowly recovering businesses are starting to extend credit again. The result is that there are more collection accounts that may need to the assistance of a third party debt collector. The client needs to decide whether to send the account to a commercial collection agency or a collection attorney.

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When the client has many small balance accounts that are past due, sending those collection accounts to a collection agency may make sense.  A commercial collection agency is not a collection attorney and not license to practice debt collection law. Collection agencies have systems in place for handling huge volumes of claims and can send multiple demand letters for payment and make many debt collection phone calls. However, once a matter is not able to be collected a collection agency must send the account to a collection law firm to pursue further debt collection activities.

 

Attorney Demand

 

Collection Agency Alternative

Our law firm has launched a new service wherein; a creditor can put the power of an attorney demand letter behind their demand for payment.  Most people who owe money would take the threat of legal action from a lawyer letter demanding payment over simply receiving a collection letter from a commercial collection agency.  Our attorney demand letter for payment service also offers an avenue where collection calls are made from our collection attorneys and trained collection staff.

Collection Agencies Use Our Debt Collection Service

We encourage you to visit our web site to learn more about our attorney demand letter service for debt collection. You may find this service a better and less expensive alternative to placing your collection accounts with a collection agency.

Collection Attorney Demand Letter

Collection Attorney Demand Letter

The collection attorney demand letter in a debt collection case is an important tool to the debt collection law firm, debt collection attorneys-lawyers and the creditor who is attempting collection on its past due receivable. The collection attorney demand letter typically is the first communication a debtor receives from a debt collection law firm. The collection attorney-lawyer sets forth the creditors’ position and entitlement to payment on past due debt.

Attorney Demand Letters

Attorney Demand Letters

The collection attorney demand letter drafted by one our collection attorneys-lawyers is sometimes all that is needed to have a debtor call our debt collection law firm to make arrangements for payment of the outstanding receivable. Other times, the collection attorney demand letter is returned by the postmaster as non-deliverable. This helps our collection attorneys-lawyers establish whether the debtor has simply relocated or if the debtor may have closed its doors. Our collection attorneys after verifying if the debtor is still in business will reissue the collection attorney demand letter.

 

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If the debtor is still operating and there is not a positive response to the collection attorney demand letter and the ensuing debt collection phone calls made by our debt collection attorneys-lawyers, our debt collection law firm will discuss taking further legal action to attempt collection of a creditors account receivable.

Our debt collection law firm can customize the attorney demand letter to be industry specific. Please feel free to call our debt collection firm and ask to speak to one of our debt collection lawyers-attorneys about setting up a debt collection strategy and sending a collection attorney demand letter to your customer.

Attorney Demand Letter

Attorney Demand Letter Service for the Collection Industry

The Gebeloff Law Group is excited to announce a new attorney demand collection letter service to creditors. The attorney demand letter service allows creditors to place debt collection claims initially at a flat rate fee rather than being obligated to pay a contingency fee for debt collection. The concept is to send the attorney demand letter to a debtor and to inform the debtor that this is their last chance to make payment arrangements on past due receivables.

Attorney Demand Letter

Attorney Demand Letter

If collection of money due to your company does not result from the attorney demand letter, our collection attorney will consult with our collection client and decide if they would like to place the claim for debt collection litigation. The concept of the debt collection attorney demand letter program is save companies money. Rather than a creditor paying a contingency fee , sometimes a debtor just may need the final push of an attorney demand collection letter and a phone call from a collection lawyer to get the debtor to pay your company money due and owing.

To place an attorney demand letter our collection clients can visit our web site attorneydemandletters.com. Once they are on the attorney demand letter site, there will be instructions on how to submit a claim for our collection attorney demand letter service. If a client feels that a collection attorney demand letter most likely will not be enough to persuade a debtor to pay their outstand account, the debt collection client can also place the debt collection account for litigation with our debt collection law firm.

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For more information on the attorney demand letter debt collection program, our clients can visit our website or call our collection firm to discuss the attorney demand letter program. Together, working with our collection attorneys, a debt collection client can determine if the attorney demand collection letter program is the right approach to collect their money.