Many business owners face uncertainty when it comes to collecting an overdue debt. They are not sure what steps to take first, how long to wait for a response and when to take a more aggressive approach. Often, people wait too long to pursue their debt, leaving them...
When someone owes you money, the law provides several ways for you to collect on the debt. A court may issue you a writ of execution to allow you to collect certain property from your debtor in order to satisfy the debt. At , our...
When a company must go after a debtor for payment, each day that they don't have access to the money they are owed makes a difference. If you are in this situation, it is important that you do everything you can to secure payment of your debt, even before you have...
Usually, you can trust a corporate check written to your business. When that check turns out to have insufficient funds, however, you may wonder what you can do about it. Retail businesses have long dealt with bad checks from customers, which may not be worth pursuing...
Though you always hope your customers will pay their bills on time, delinquent debtors are an unfortunate but normal part of doing business. You can take steps to protect yourself and your company, however. At , our experienced commercial...
Once you win your judgment case against someone who owes you money, you should be able to collect on your judgment and move on with your life. Unfortunately, many debtors do not readily pay up, even with a court order against them. As experienced commercial collection...
For many businesses, extending credit to customers is a necessary business model. Unfortunately, giving credit also comes with risks of non-payment. Credit can become a liability for your business when offered to the wrong individual or company. At [nap_names...
The initial step to commercial debt collection is long before you send your debtor to collection. The first step is exclusively in your hands. At the beginning of every commercial relationship you have the opportunity to control your money and set your terms. You do...