Florida Collection Attorney To Run New York City Marathon
Florida collection attorney Stephen Gebeloff will be running the New York City Marathon on November 4, 2018. The Boca Raton, Florida debt collection attorney maintains a commercial debt recovery law firm – The Gebeloff Law Group. Mr. Gebeloff has been a collection lawyer for many years and when he is not representing his clients collecting account receivable, he often gives advise to other Florida lawyers looking for advice on advanced debt collection strategies and techniques to help clients recover more of their delinquent debt.
Florida Collection Attorney – NYC Marathon 2014
Florida Debt Collection Law Firm
Florida collection attorney Gebeloff will be running the marathon for the Dystonia Medical Research Foundation and welcomes sponsors for this charitable cause. The Gebeloff Law Group gives to many charitable organizations throughout the year. However, our Florida collection attorney also believes that by actively participating in charitable endurance race events, not only is our collection lawyer helping a charitable cause, but also keeps him physically and mentally fit. As our Florida debt collection clients can attest, there are many businesses out there that are not paying their past due invoices and/or are simply stealing product – without the intent of ever paying for the product or services.
Debt Collection Law Firm In Florida
Collecting debt in Florida can sometimes feel like a marathon to our Florida debt recovery clients. A smart debtor can slow down the debt collection process. The Florida Court System, if put into the hands of an attorney defending a non-paying customer, can drag out the debt collection process for extended periods of time.
Debt Collection Attorneys
Please feel free to call our NYC Marathon – Florida Debt Collection Attorney, Steve Gebeloff. Working with your company, our Florid Debt Collection Law Firm would be happy to assist devising a debt collection strategy that is just right for you.
Collection Law Firm in Palm Beach County Florida
Florida collection attorney will be attending the South Palm Beach County Bar Association 57th Annual Installation Gala at the Woodfield Country Club in Boca Raton Florida. Our debt collection law firm has been providing debt collection legal services to clients in Florida since 2004. Our collection lawyer has thirty years of legal experience and he prides himself in offering companies seeking alternative ways of attempting to collect past due debt. The South Palm Beach County, Florida Bar Association has some of the top lawyers in the county as members. Our collection attorney is often asked for his advice from these Florida lawyers on how to help collect on some their law firm’s debt collection matters.
Florida Debt Collection Law Firm
Lawyer Who Collects Debt in Florida
Obtaining a judgment in Florida is only the first step when trying to recover past due accounts. Our collection lawyer will explain to our law firm’s clients that there are several ways to uncover assets and collect on past due accounts. The collection attorney has been using charging liens to attach the interest of officers, directors and members of Florida entities. There are other post judgment methods that will be presented by our Florida collection attorney and will explained to our Florid debt recovery law firm’s clients.
Florida Collection Attorney Who Helps Recover Bad Debt
When you call our law firm in Florida that collects past due debt, our collection attorney will learn more about your company’s account receivable practice and procedure with the goal of helping your company reduce the amount of bad debt it has on the company books. Our collection lawyer will take the time to help shape your company’s internal debt collection policies and procedures. We are happy to assist all our Florida clients with their debt recovery and credit and collection needs.
Palm Beach County Debt Collection Attorneys – Lawyers
The Gebeloff Law Group is pleased to announce it has moved its collection attorney offices to new office facilities in Boca Raton, Palm Beach County Florida. The Firm provides debt collection and recovery services for its clients throughout Florida. The collection attorneys are pleased to move to the new Boca Raton office where they will continue to pursue the recovery of account receivable for their debt collection clients who are looking to collect on past due accounts.
Florida Debt Recovery Law Firm
The Gebeloff Law Group is not a collection agency. In past blog posts we have discussed the difference between a commercial collection agency and a law firm that concentrates its practice on debt collection. A collection agency is not licensed to practice debt collection law. Collection attorneys are licensed in the State of Florida to practice law. The collection lawyers focus on debt recovery and collection. Just like a commercial collection agency our collection attorneys are able to send demand letters for payment of money due to your company.
Florida Collection Attorney Gebeloff
Collecting money in the state of Florida requires a comprehensive debt collection strategy. The collection attorneys at our Florida debt collection law firm are available to custom tailor a debt recovery strategy after speaking to you about your company’s debt collection needs. Not every company wants to pursue the same type of debt collection method. Our collection lawyers will listen to your company’s business model and then make suggestions on how best not only to collect on current past due account receivable, but assist your company devise a credit and collection strategy to keep past due accounts becoming problematic and becoming a drain on your company’s cash flow.
Call Our Debt Collection Law Firm
Fell free to call the Florida collection attorneys at our debt recovery law firm to discuss how together our debt collection team can devise a debt collection strategy that is just right for your company.
Collection Lawyers and Debt Collection Law Firms Can Help Your Company Recover Past Due Invoices
When your customer owes your company money for goods sold or services your company provided, it can place huge strain on your company’s cash flow. Our debt collection lawyer has authored a free e-book on collecting past due accounts. Our debt collection lawyer has helped many companies improve their cash flow by implementing a better internal debt collection strategy. If you call our debt collection law firm, our collection attorney would be happy to discuss a debt recovery strategy that is tailored to your company’s debt collection needs.
Guide to Internal Debt Collection Procedures
When deciding to use a debt collection agency or debt collection law firm there are several factors to consider when trying to recover your company’s money. Collection agencies are not licensed to practice law. A collection agency if they are unable to collect the past due account, must then forward the claim to a debt collection law firm for a collection lawyer to proceed. A collection agency would then have to charge your company a higher contingent fee once they place the collection matter with a debt collection law firm.
Collection Agencies Are Limited – Collection Agencies Send Accounts To Debt Collection Lawyers
Collection lawyers are licensed to practice debt collection law. Collection attorneys can write debt collection letters on their legal stationary. Receiving a collection letter from a debt collection law firm has a bigger psychological impact on the debtor than receiving a collection letter from a commercial collection agency. When your customer receives a legal letter demanding payment for past due debt, they know that your company is serious in pursuing collection of the past due account. Our debt collection law firm can customize the debt recovery letter to maximize the effectiveness of the letter which will demand payment for the past due invoices. Your customer will know that our collection lawyer is ready to litigation, if necessary to help your company recovery money that is due.
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.
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
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.
Debt Collection Policies
Having debt collection policies in place will assist a debt collection attorney when you need to hire a debt collection law firm to collect your money
Keeping copies of your customer’s checks can be very helpful to 0ur debt collection law firm after judgment is obtained. Our collection attorneys will ask our clients after a judgment is obtained if they have any information to assist our debt collection law firm garnish or attach assets. Sometimes a debtor is unaware that once a judgment is obtained a debt collection attorney can issue a writ of garnishment and serve the writ on a bank. Our debt collection law firm has found that many times the debtor is using the same bank account and may have some or all of the funds in the account necessary to satisfy the judgment.
Guide to Internal Collection Procedures
When setting up a credit and collection policy for your company your employees should be mindful that one day your customer may stop paying their invoices and your company may have to engage a collection attorney to help your company collect your money. Our debt collection law firm has been assisting companies with their debt collection policies and procedure. Some companies have credit applications but, surprisingly a lot of our clients learn the hard way once one of their customers stops paying. Having a credit application helps our collection attorneys not only find post judgment assets but, gives our collection lawyers a better chance of locating the principals of a debtor corporation in the event your customer closes its doors. Our debt collection law firm will also suggest adding an attorney fee provision to the credit application, if there is not already one in place. Without that provision, in some states, you will not be able to recover the fees paid to your collection attorney from your customer.
Our debt collection law firm uses all information available to it to determine if there is a possible successor company that may be liable for the debt. Our debt collection lawyers will also explore the possibility that there may be personal liability of an officer for transferring assets. We invite you to call our debt collection law firm to speak to one of debt collection attorneys about your credit and collection policies. Our collection lawyers will be happy to make suggestions to help tighten up the credit application so in the event it becomes necessary to start a lawsuit to recover your money, the chances for successfully recovering your company’s money will be increased
How Fast Can Judgment Be Obtained in a Debt Collection Case
Our debt collection client’s frequently ask our collection attorneys-lawyers how long will it take to collect their companies past due account receivables. It is important to note that every debt collection case is unique. Below we will summarize what to expect when your account receivable manager places an account for debt collection with our law firm.
If after a debt collection lawsuit is filed by our collection law firm, the debtor files no responsive pleading to the complaint, twenty (20) days after the summons is served, default will be entered. Thereafter, our debt collection client simply has to execute an affidavit of proof and our collection lawyers-attorneys will prepare a Motion for Default Judgment. In this scenario Judgment can be obtained anywhere from thirty (30) to forty-five (45) days.
Debt Collection Case
If a debt collection case is disputed by a debtor, the timing of a debt collection case depends on the dollar amount of the account receivable. In Florida, if a debt collection account is under $15,000.00 that would put the account in the jurisdiction of the Florida County Court Judicial System. In Florida, debt collection cases filed in the County Court typically go to trial within four to six months after the debt collection case is filed. Debt collection cases filed by our debt collection law firm in Florida that have an account receivable above $15,000.00, put the account in the Jurisdiction of the Circuit Court. Cases in this jurisdiction typically take longer to go to trial than debt collection cases that are filed in the County Court.
As previously indicated, each debt collection case is different. Our collection attorneys-lawyers work with our clients to try and streamline the process and get the debt collection case to trial and secure a judgment as expeditiously as possible. Once a judgment is obtained by our debt collection law firm, our collection attorneys-lawyers and debt collection paralegals will then devise a strategy to then attempt to liquidate the judgement.
We encourage all account managers to call and speak to our collection attorney to devise a comprehensive debt collection strategy for all of their account receivables that have become delinquent. There are many studies that show the longer a creditor waits to take action on collecting past due accounts, the percentage of recovery drops over time.
USING A DEBT COLLECTION LAW FIRM TO ASSIST COLLECT PAST DUE RECEIVABLES
Our collection lawyers recognize, in this tough economy, many businesses are struggling with cash flow. Our collection law firm can assist a company in collecting their past due collection accounts. Our collection attorneys are sensitive to the tough economy and work with our collection clients to implement a debt collection strategy. Not every debt collection matter is the same. Each one of your customers is unique and our collection lawyers work with you to identify the specific issues presented. Our collection attorneys work with you to identify what may have put your customer in a situation where they are now behind in paying their past due invoices.
Our collection law firm will not only send a collection demand letter but, our collection attorneys will investigate the customers corporate status, attempt to speak with the owners of the company and then make a recommendation as to the best debt collection strategy for your company. Sometimes we may suggest that your company may better be suited using a debt collection agency. Our collection attorneys will ask you specific questions that will help you decide whether to use a collection agency or a collection law firm.
Palm Beach County Court House
If your company has many low balance past due accounts, a collection agency may be ideal. However, a collection agency cannot give legal advice and a debt collection agency cannot file a law suit if necessary. Not every debt recovery matter needs a collection lawsuit. That is why it is important to speak to our collection attorneys and decide together a debt recovery strategy. Sometimes it makes sense to place some of your past due accounts with our collection law firm and other accounts with a collection agency.
Call our collection law firm and ask to speak to one of our collection attorneys. Together, we will devise a debt collection strategy that is just right for your company’s past due accounts.