Credit Applications/Contracts

blog

No matter what kind of business you own, it is important to make sure every customer signs a contract at the outset of the commercial relationship. At the Law Offices of Alan M. Cohen LLC, we have over 30 years of experience helping businesses collect their accounts receivable. Our law firm is available to help you take legal action quickly to help you obtain the money owed to you. We offer aggressive, relentless, effective and ethical tactics to attempt to collect your outstanding account receivables.  Contact our law firm today to meet with a skilled debt collection attorney covering Boston, Massachusetts.

Protect Yourself Early in the Game

If a customer cannot or will not pay, you should already have the legal power and information you need to pursue the payment you are owed. Have you already agreed on an interest rate for the late payment? Have you determined where your debtor banks? What court will hear the case if you need to bring a suit against your customer turned deadbeat?

All of this information should be clearly outlined in a credit application or contract. Attorney Alan M. Cohen can prepare for you a contract that works to better protect your financial interests which may include, among other things:

  • Minimum default interest rate
  • Attorney’s fees clauses which reduce or  remove judicial discretion
  • Jurisdiction
  • Banking information
  • Company owner’s name
  • Personal Guaranty

Every business owner, credit manager and controller hopes that customers will pay on time for the goods or services they purchased. A thorough credit application can help provide the protection you need if your customers fail to uphold their end of the bargain. We prepare a soup-to-nuts credit application, terms and personal guaranty for a set fee. Call (508) 620-6900 or email alanmcohen@collections-law.com for details.

Contact a Skilled Middlesex County Business Debt Collection Attorney

We have offered business-to-business debt collection services for over three decades. We know how to protect our customers’ financial interests when businesses try to avoid making payments. Contact our law firm online, or call (508) 620-6900, to meet with an experienced debt collection lawyer in Central, Western, Northern, Southern and Eastern Massachusetts.

The Law Offices of Alan M. Cohen LLC represents clients in Cambridge, Framingham, Lowell, Woburn, Middlesex County, Boston, Suffolk County, Fall River, Easton, Taunton, New Bedford, Bristol County, Springfield, Hampden County, Brookline, Dedham, Wellesley, Norfolk County, Brockton, Plymouth County, Worcester, Worcester County, Barnstable County and throughout Massachusetts.

Read more about What We Do