While visiting some of our international clients in Spain and France, it was brought to our attention that many businesses here in Europe have difficulties collecting money for the products they import into the United States. Our international debt collection law firm located in Boca Raton, Florida is able to help companies collect debt in Florida and throughout the United States. Many businesses in the USA believe that because they order goods and/or services from companies outside of America, that if they decide not to pay for those goods, they will not be pursued by the international companies who are owed money for their products.
Our international debt collection law firm is here to assist companies located outside the United State collect money owed for the products they sell and ship to the USA. We invite companies who have outstanding account receivable to speak to our debt collection attorneys about how they can go about collecting the money they are owed. Once our debt collection law firm receives your account for collection, we make demand on the debtor here in the United States and let them know that your company has retained our collection attorneys to bring legal action to collect the account receivable on your behalf.
It does not matter that your company is located outside of the USA. Our international debt collection law firm will guide you through the process of collecting account receivable from your company’s customers who refuse to pay for the product your company has shipped to the United States. Do not let your company not get paid money from debtors in the USA. Our debt collection attorneys will make sure the debtor located here in America will know that your company is represented by aggressive debt collection attorneys. Call our international debt collection firm today to learn how we can assist your company collect its money.
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.
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 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.
A Florida Collection Lawyer Can Help Your Company Collect Delinquent Account Receivable In 2018
Our Florida collection lawyer has been concentrating his practice on commercial debt recovery for more than twenty-five years. Our collection lawyer looks at each debt collection case when it is received in our collection law firm to devise a strategy to maximize the potential to collect money for each client. No two debt collection cases are the same. Our collection attorney will explain the debt recovery strategy to your company so that the company is made aware of the various scenarios that could occur when pursuing collection of past due invoices.
Florida Collection Attorney Gebeloff
Collection Lawyers Versus Collection Agencies
When collecting debt, your company should be aware of the differences between using a collection agency to collect your company’s money versus using the collection lawyers at a debt collection law firm. Collection agencies are very limited in what they can legally do to attempt to collect past due accounts. Collection agencies can only send demand letters and make debt collection phone calls. A collection lawyer not only is able to make collection calls to recover past due accounts, but can send demand letters for payment. The power of a collection lawyer signing a demand letter for payment has a much bigger impact than a debtor receiving a demand letter from a collection agency. When a debtor receives a letter from a collection lawyer, they are made aware that litigation may be imminent to collect on the debt.
Call Our Collection Lawyer
We encourage you to call our Florida debt collection law firm and ask to speak to our collection lawyer. Our collection lawyer will take the time to understand your particular debt collection needs. Working directly with our collection lawyer, our debt recovery law firm will be able to devise a collection strategy that is just right for your company on each case to help your company achieve a higher rate of collecting past due account receivable.
Hurricane Irma has brought the Florida economy to a halt. The strain on small businesses may make it harder for your company to collect money from customers to whom you have extended credit. Hurricane Irma has caused many businesses to board up and close. This will obviously have an economic impact on everyone and may make it more difficult for your customer to make payments that are due because of cash flow issues. Once the storm clears, and things get back to “ business as usual” in Florida, it is important for your business to stay on top of their collection accounts.
Collection Attorney – Debt Collection Law Firm
Our debt collection law firm is sympathetic to cash flow problems that small businesses may encounter. However, unless your company stays on top of collecting money owed to your company, your company’s account receivable may end up on the bottom of the stack of invoices your customer must pay. Our collection attorney will make demand for payment and stress the urgency that your customer make payment arrangements to pay the debt owed to your company. If payment arrangements are not made, our debt collection law firm will recommend that suit be started to collect the money.
Call Our Debt Collection Law Firm
Once a lawsuit is commenced to collect the money owed to your company, if your customer is serious about paying the past due invoices, a payment schedule can be set up. The payment schedule would be filed with the court. If the customer missed a payment, your company would be able to secure a judgment for the amount owed to your company. Litigation does not always secure payment of money owed to your company. However, once suit is filed your customer should feel the urgency to get the debt owed to your company resolved.
Speak to a Collection Attorney
Call our debt collection law firm and ask to speak to our collection attorney. Together we will devise a collection strategy that is just right for you.
December is the time of year many businesses take a pause to self asses the year their business had. Many small businesses struggle with cash flow. Companies that have outstanding account receivable often do not have a system in place to pursue bad debt / past due accounts. Our debt recovery law firm has put together a free -E-book to assist companies with their debt collection policies and procedures. Inside the book our collection attorney provides some strategies that may assist a company sharpen up their internal debt collection procedures.
Collection Attorney Stephen B. Gebeloff
If a business has done everything they believe was possible to collect past due accounts, they often may start to consider sending the account to a collection agency. Collection agencies may be an effect tool for debt recovery, but we have discussed the differences between a collection agency, collection attorneys, and debt collection law firms. A collection agency is not licensed to practice debt collection law. Collection agencies typically send accounts to collection attorneys throughout the United States. To send collection accounts to collection lawyers a collection agency must typically charge a higher contingency fee. The reason is that the collection agency is simply acting as a middleman.
Collection Agencies and Debt Recovery Law Firms Are Not The Same When It Comes To Collecting Past Due Accounts
Most commercial collection law firms can provide the same services that a collection agency can, but as stated above, because collection agencies are not collection attorneys, a debt recovery law firm can be a lot more powerful way to attempt the collection of your company’s overdue accounts. A letter and phone call from a collection attorney lets your customer know that your company is serious in pursuing the collection of the past due account.
There are many variants to being able to collect a past due account. Our debt collection law firm believes that before a lot of money is spent on contingent collection fees, a flat fee alternative should be considered. To learn more about flat fee debt collection attorney fee programs our commercial collection law firm provides, we encourage you to contact one of our debt recovery law firm and ask to speak to someone from our debt collection and recovery team. CLICK HERE TO LEARN MORE
Senior Debt Collector Joins The Gebeloff Law Group
A Commercial Collection Law Firm
The Gebeloff Law Group has added a Senior Debt Collector to its staff. The addition of the debt collector will assist Mr. Gebeloff in securing prelitigation payments from debtors. The philosophy of The Gebeloff Law Group is to provide its clients commercial debt collection services in an effective and cost efficient manner. If voluntary payment is not obtained prior to litigation, the debt collector will help gather valuable information about the debtor, including, but not limited to, the nature of the dispute, assets the debtor may or may not have and/ or if the debtor’s officers may have set up other entities in an effort to defraud creditors.
Collection Attorney Stephen B. Gebeloff
We have discussed in prior blogs the difference between our commercial debt collection law firm and commercial collection agencies. Collection agencies also use debt collectors but, too many times debt collectors are limited in their effectiveness as they are constrained. Collection agencies are not licensed to practice law. A commercial collection agency must eventually send your debt collection case to a collection attorney if the collection agency is unable to collect on your company’s past due account receivable. The collection agency then will charge the creditor a higher contingent collection rate.
Our debt collector will also work on post judgment collections. Too many times after a judgment is obtained, not enough pressure is brought upon a debtor to make payments to satisfy the judgment. Commercial collection agencies cannot bring proceedings supplementary to implead third parties and/or pursue third parties for fraudulent transfers. We are optimistic that the addition of our Senior Debt Collector to our staff will increase the percentage of the recovery of bad debt our clients send to our commercial collection law firm.
Please feel free to call our debt collection law firm and ask to speak to one our experienced debt collection staff. We would be happy to discuss the differences between using a collection agency, collection agencies and/or using a collection attorney with a commercial collection law firm to collect your pre-judgment or post judgment debt.
When you are busy running your small business, worrying about collecting on past due accounts is the last thing you want. Cash flow is vital to the success of any small business. Having an effective plan in place on how to manage your account receivables is vital. The Gebeloff Law Group will soon be releasing a free e-book to assist credit managers and small business owners implement a plan to better manage their accounts. The book will be titled “Collecting Account Receivables – Don’t Let Your Company’s Money Burn.”
Gebeloff E-Book will assist your company collect more of its outstanding debt
When in house collection methods are not working, there are choices to be made. Debt can simply be written off or the debt can be sent to a commercial collection agency or a commercial debt collection law firm. In the e-book collection attorney Stephen Gebeloff will discuss the difference between collection agencies and collection attorneys. Sometimes sending your accounts to a collection agency may make sense but, after reading the book on debt collection procedures and strategies, you may come to recognize that utilizing a full service commercial collection law firm may prove more cost effective and lead to a higher percentage of your delinquent debt accounts being recovered.
The Gebeloff Law Group is a full service debt collection firm. Our collection lawyers would be happy to discuss your company’s internal debt collection procedures. Being proactive is very important in maximizing your company’s recovery of past due accounts. Not every account is collectable but, by discussing your company’s debt collection needs, our collection lawyers can effectively work with you to explore different collection strategies that may lead to the recovery of your company’s money.
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
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.