Tag Archives: commercial collection agencies

Palm Beach County Florida Debt Collection

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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 Agencies - Florida Collection Agency

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 Lawyer – Collection Lawyers – Debt Recovery

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Collection Lawyers  Help Your Company With Debt Recovery

Collection lawyers can help your company recover bad debt.  Collection lawyers are able to send demand letters to your customer making it clear that if payment is not made, the debt collection law firm may start suit to recover your money. Commercial collection agencies are not licensed to practice debt collection law. A collection agency must send the account receivable to a collection lawyer, as a result the collection agency typically charges your company a higher contingency fee to collect the past due account.

Collection Lawyers Differ From Collection Agencies

A collection lawyer is able to provide your company legal strategies to attempt recovery of the debt. Collection lawyers can call your company and determine the best legal course of action to take to attempt collection of your company’s money. There are many options a debt collection lawyer can consider. Once a judgment is entered against your customer for not paying its invoices, the debt collection lawyer has powerful tools to enforce the judgment. The collection lawyer can through post judgment discovery discover assets that may be subject to garnishment and/or execution.

Florida Collection Agencies - Florida Collection Agency

Florida Collection Attorney Gebeloff

Our debt collection law firm concentrates its practice on the collection and recovery of past due account receivable. Our collection attorney, working with your company will map out a debt recovery strategy that is tailored to your company’s debt collection needs. Our collection attorney will speak to you about your company, your delinquent customer and then together map out a collection strategy to recover the debt.

Call Our Collection Lawyer

We encourage you to call our debt collection law firm and ask to speak to our collection lawyer. Recovery of bad debt is the thrust of our debt recovery law firm. Our collection lawyer will provide your company with several scenarios that could happen in the debt collection process. Our collection lawyer will make clear that we can not always collect every account that is placed with our collection law firm. However, our collection lawyer working with you will provide a debt collection strategy that will give your company the best chance at recovering the bad debt. Call our debt collection law firm today.

Collection Lawyers

Collection Agency – Collection Attorney – Collection Agencies

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 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 Agencies - Florida Collection Agency

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.

Florida Collection Agency – Florida Collection Agencies

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Florida Collection Agencies Differ From Florida Collection Law Firms

Many creditors continue to send past due accounts to Florida collection agencies.  Florida collection agencies send demand letters for payment to your customers that owe money.  A collection agency can make debt collection phone calls to attempt to recover   your company’s past due accounts.  Many creditors come to our debt collection law firm after their account has been with a collection agency.  What our collection attorney finds after reviewing the delinquent account is that a collection agency holds on to the past due account for too long.   Florida collection agencies loss profit when they need to forward your collection account to a debt collection law firm. The reason is that the collection agency has to split the contingent collection fee with the debt collection lawyer.

Florida Collection Agencies and  Fictitious Collection Agency  Names

Our law firm is not a Florida collection agency. Florida collection agencies  are not licensed to practice law. We see many Florida collection agencies take on  fictitious names that  lead not only companies to believe they are a Florida debt collection law firm, but  deceptively try to lead your customers that they are  collection attorneys  licensed to practice debt collection law. By way of example, a Florida collection agency will take on the fictitious name   Jones, Williams and Smith. The Florida collection agency then instructs their debt collectors to make collection calls stating they are with the firm of  Jones, Williams and Smith.  That is a highly deceptive practice misleading your customers  who are in collection to believe they are being contacted by debt collection attorneys from a Florida debt recovery law firm.

Florida Collection Agencies - Florida Collection Agency

Florida Collection Attorney Gebeloff

Our Florida collection attorney believes that creditors will get better results sending  their delinquent accounts directly  to  our Florida debt collection law firm. Our  Florida collection attorney will send an attorney demand letter, demanding payment of the Past due account. If immediate payment arrangements are not made, our debt collection attorney will set forth  a debt collection strategy and discuss with your company how your company’s money may or may not be able to be collected.  Please feel free to call our Florida collection law firm. We will explain in detail how we differ from a Florida collection agency. Together we will devise a collection strategy that is just right for your company to pursue past due delinquent accounts.

About Collection Agencies:

Collection Agency Directory

Florida Collection Agency

Florida Collection Agencies

Collection Agencies – Collection Lawyers – Debt Collection

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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

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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).

Contact Us Now

 

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.

 

Debt Collection – Collection Law Firm or Collection Agency

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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.

Contact Us Now

 

 

Collection Agency Agencies Demand Letter

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 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

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 Retail Collection Agencies  Regulated by the FDCPA

A collection agency is employed to collect debts either on commercial debt collection or retail debt collection accounts. When collecting debts from consumers or individuals who owe money from transactions that are not related to a commercial transaction, the account is considered a retail debt collection account. The collection agency is regulated by the FDCPA (Fair Debt Collection Practices Act). The collection agency is prohibited from employing debt collection tactics that may mislead or be overly aggressive. There are many prohibitions detailed in the act and collection agencies should be very careful when attempting collection of consumer accounts. There are law firms that their entire law practice concentrates on suing collection agencies that violate the act.

Commercial Collection Agencies

Commercial collection agencies that only collect on commercial collection accounts are not bound by the FDCPA. Our debt collection law firm mainly collects on commercial collection accounts as we do not want to subject our debt recovery from to the rigors of the FDCPA. We perform the same services as a commercial collection agency and more. Just like a commercial collection agency our law firm will send out collection demand letters demanding payment for your company’s money. Our debt collection attorneys will also make telephone calls just like a commercial collection agency to attempt to collect money and to determine the nature of the dispute, if any.

Florida Collection Agency

Florida Collection Agency

A commercial collection agency is not a collection law firm. Collection agencies are not licensed to practice law. A collection agency cannot file a lawsuit to collect your money. The collection agency has to send your debt collection account to a collection law firm. In most cases, the collection agency will be obligated to charge a higher contingent fee rate   to act as an intermediary between the collection attorney and the client. If your company knows form the outset that the account is going to be difficult to collect or require litigation, rather than placing the account with a collection agency, retaining a commercial collection law firm with experienced debt collection attorneys and paralegals.

Contact Us Now

 

Feel free to contact one of our debt collection lawyers or paralegals to discuss your company’s debt collection needs.