The year 2021 has presented challenges to many. Businesses have struggled for a myriad of reasons, supply chain, cash flow, Covid-19. Our debt collection firm has been steadfast in assisting our clients collect money when their customers have failed to make payment for goods supplied or services rendered by our clients. Our debt collection attorneys work with our clients to devise a debt collection strategy based on the facts presented to our collection law firm. Each collection case sent to our debt collection law firm is reviewed by a collection lawyer to be able to present a plan to attempt collection of the account receivable.
Our Collection Law Firm Can Help Collect Money
The collection attorney will look at factors that may impose personal liability on the officers and or directors of a company, in the event there was no personal guarantee of performance on the account. Our collection law firm explores alternative theories of legal liability. In today’s climate, fraudulent schemes are abundant. If our collection attorney sees the necessary elements in place, our debt collection firm will add officers, directors, and other third-party entities to the debt collection lawsuit.
Call Our Collection Attorney
Once a judgment is obtained, there are several approaches our debt collection firm may take. The collection attorney will review several options that can be explored to attempt to secure collection of your money. Our collection attorney will discuss bank garnishments, writs of execution and other methods of post-judgment discovery which may aide the debt collection effort.
Our Debt Collection Law Firm Is Here to Help You Collect Your Money
As indicated, there are many different scenarios that may be a factor in your company’s debt collection case. Our law firm is constantly reviewing our client’s collection cases to see if there are new approaches that can be taken by our collection attorney to secure payment of the money owed to your company. Call our collection law firm and ask to speak to one of our debt collection attorneys to, learn more about the options available to your company to collect its money.
The debt collection law firm Gebeloff Law Group recognizes in today’s environment, that collecting your company’s money from customers is not always easy. Our collection attorney has been practicing collection law for over thirty years. Our collection law firm has experience collecting money from all types of businesses. Our debt collection staff is trained to assist our clients collect their account receivable from large and small businesses alike. Our debt recovery firm also helps clients collect on judgments that have been awarded in their favor.
Collecting your money
Collecting on a judgment has many different components. Our debt collection attorney will investigate each judgment. Our law firm provides its debt collection clients with a roadmap on how the lawyer will attempt to collect your money. Our legal debt collection staff will search for alter egos and conduct bank account searches to seize assets. When possible, the collection lawyer will suggest a bank garnishment or the possibility of asserting personal liability on the officers and directors of the company that owes you money.
Let our collection lawyers help
Once you retain our debt collection law firm, you will recognize that our collection lawyer will explore the best path to attempt to collect your money. When you call, please ask to speak to one of The Gebeloff Law Group collection legal team. The paralegals and legal assistants, along with our dedicated customer relation collection team members will be happy to guide you through the collection process. Of course, the collection attorney is available to address sophisticated collection matters including creditor fraud and the possibility of pursuing third-parties who may be responsible for the debt.
Once a judgment is awarded to you, there are several avenues to consider when attempting to collect your money. Our Florida debt collection firm will review your judgment and devise a strategy to give your company the best chance at getting paid. Our collection lawyer will discuss post judgment discovery, with the goal of being able to levy on assets and/or garnish wages. Florida law provides many exemptions to garnishment. Our collection lawyer can make sure that the exemption to garnishment is legitimate. Our collection law firm will file the proper response with the Court to asserted claims of exemption.
Our collection attorney can garnish – freeze – the bank account of a debtor. Our Florida debt collection law firm advises its clients to always keep copies of their customer’s checks. If there ever comes a time when your customer owes you money, having bank account information will assist our collection lawyer. With this information the collection attorney can petition the court for a writ of garnishment. Once the writ is served on the bank by the sheriff, and if there is money in the account, the bank must freeze your customer’s bank account. The money that was frozen and set aside by the bank, upon Court approval can be turned over to you.
Post Judgment Discovery
If you do not know where your customer has a bank account, our collection attorney will serve documents on your customer which require that a financial disclosure be turned over to our debt collection law firm. The information obtained is useful in assisting the collection attorney in getting appropriate court orders to seize assets. Once assets are frozen or in the hand of the Sheriff, the collection lawyer will file appropriate court documents to request that these assets be turned over to our collection firm to pay the judgment.
Call Gebeloff Law to Speak to Our Collection Attorney 561-953-4600
Collection Attorneys Can Guide Your Company and Collect Your Money
As the economy is slowly opening back up, it is very clear that the two month nationwide shut down has drastically affected the financial condition of many businesses. Our Florida debt collection law firm has seen a dramatic increase in the number of calls from businesses looking for help collecting their past due accounts. Our collection attorney helps guide companies who have not been paid for the services they have rendered or for products they have shipped and invoiced. Our collection lawyer will on a case by case basis review your company’s debt collection matter and customize a strategy to help your company collect its money.
Debt Collection Law Firm – Covid-19
Although the economy has taken a hit, cash flow will once again begin to pick up for businesses. Our collection attorney recognizes that there will be those companies that will use the pandemic as a lingering excuse for non-payment. However, our collection lawyer will quickly recognize when the covid-19 excuse for non-payment, is just that – an excuse. While there will be some legitimate reasons for the delay in paying what is owed, our debt collection law firm believes that every business should be making good faith efforts to begin paying down their past due accounts. When our collection lawyer gets the runaround, our collection law firm recommends to our clients that they consider filing a lawsuit to give your customer a little more urgency to pay your company what is owed.
Call our Collection Attorney to Discuss a Debt Collection Strategy
A debt collection lawsuit will make paying your past due invoices a priority. Our collection attorney knows that the added pressure of a lawsuit will motivate your customer to begin paying your company more expeditiously, then your customer simply receiving a letter demanding payment. If no affirmative action is taken, our collection lawyer will proceed to enter default judgment from the amount of money your company is owed. Once judgment is entered, there are a myriad of debt collection options that our collection attorney will be able to discuss with you.
Boca Raton, Florida Collection Attorney Stephen Gebeloff completed his fifth marathon on November 4, 2018, completing the New York City Marathon. Mr. Gebeloff is an attorney with The Gebeloff Law Group, providing debt collection legal services. Running a marathon is difficult, but sometimes collecting past due account receivables can feel like a marathon to some of our firms Florida debt recovery clients. We welcome you to call our law firm and speak to our debt collection attorney to map out a long-term debt collection strategy.
Florida Collection Attorney Gebeloff
Collecting Debt in Florida
Collecting debt in Florida is not always a straight forward process. Florida is known as one of the friendliest States for debtors to reside. There are many exemptions in place that makes it hard to attach assets when you hold a valid judgment. Gebeloff believes that, in part, through his marathon training, he is able to look at each collection case that he is retained, as not a short sprint, but a process that takes time and a sound debt collection strategy put into place. Our debt collection law firm has been representing creditors in all industries for many years and is very familiar with the delays and stall tactics debtors will try to employ to keep our debt collection clients from recovering the money that is justly owed to them.
Florida Debt Collection Law Firm
We encourage credit managers and other individuals that may be owed money for goods and/ or services delivered/provided to call our Florida debt recovery law firm. Just like planning to run a marathon, Mr. Gebeloff will lay out a step by step road map to help our clients devise a collection strategy that is tailored to their particular Florida debt recovery case.
Collecting Debt in Florida – What is the Statute of Limitations
Statute of limitations on debt collection cases in Florida are five years for written contracts and four years for oral contracts. Many collection cases presented to our Florida debt collection law firm relate to goods sold and services delivered. When an account receivable is placed for collection relating to goods sold and delivered the statute of limitations is four years. Our debt collection attorney will confirm to you that when attempting collection of account receivable, the earlier you place your claim with our Florida debt collection law firm or with a commercial collection agency for that matter, the odds of being able to collect your money increase.
Call Our Florida Debt Collection Attorney
Our Florida collection law firm hands commercial collection accounts. Our Florida collection lawyer will send a written demand letter to your customer demanding payment for the products your company has delivered for their services your company has provided but has not been paid. If the demand letter from the collection attorney does not secure payment of the account, our collection law firm would then be able to bring a law suit to collect the past due account. A collection agency is not licensed to practice debt collection law and therefore must send the account to a Florida collection attorney, if the collection agency is unable to collect the past due receivable.
Florida Collection Attorney and Florida Debt Collection Law Firm
We welcome your company calling our debt collection law firm. Ask to speak to our Florida collection attorney about different collection strategies that might be just right for your company. When you work with our Florida collection law firm and collection lawyer, you will be assured that an effective debt collection strategy will be implemented to help maximize your recovery of past due Florida account receivable.
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.
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.
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.
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.
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.
Implementing an effective debt collection strategy for your company
Collection Attorney, Stephen Gebeloff is set to release his eBook to help companies with internal debt collection and external debt collection policies and procedures. The eBook is entitled “Collecting Account Receivables.” The eBook was written to help companies tighten up their internal collection procedures. The sub-title of the debt collection book is “Don’t Let Your Company’s Money Burn.”
Guide to Internal Debt Collection Procedures
The debt collection attorneys at our commercial collection law firm believe that if more companies were more proactive with their internal procedures relating to collecting their past due accounts, they would find that there would be a higher rate of recovery on accounts that they extend credit to.
The eBook discusses the differences between collection agencies and collection law firms. Using a commercial collection agency can be useful in some situations. However, credit managers should be mindful that a collection agency is not licensed to practice law. When using collection agencies, if the collection agency is unable to collect on an account, they then must send the file to a commercial collection law firm. The collection agency will charge your company a higher contingency fee as the collection agency will act as a middleman and want to retain a percentage of the contingency fee.
The eBook also discusses the debt collection process once a file is turned over to either a collection agency or debt collection law firm. Once a lawsuit is filed to attempt collection of past due accounts, the various scenarios are discussed. The e-Book gives an outline of the debt collection process. The collection attorneys at The Gebeloff Law Group are always happy to answer any questions your company may have. We will discuss the differences between commercial collection agencies, commercial collection law firms and how each may or may not be appropriate to help your company recover past due accounts.