NY Collection Attorney Offers Top 5 Tips To Increase In-house Collections Next Year

Just think, if more clients paid you in a timely manner what you could do with the money, not to mention the time. Give your business the gift that keeps on giving: Learn the secrets of increasing in-house collections and watch your cash flow grow. Here’s this NY Collection Attorney’s top 5 tips to increase in-house collections. Continue reading “NY Collection Attorney Offers Top 5 Tips To Increase In-house Collections Next Year”

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You Can Collect Damages in Your New York Debt Collection Claim

Your ability to collect monies from a non-paying client in a New York Debt Collection case is most often limited by your very own contract.

The ability to collect monies owed from the customer (damages)  due to their  non-performance: their failure to act i.e.  pay is often dictated by the clauses in your contract.  Along with the monies owed on the transaction(s) in question, referred to as direct damages, there are other damages suffered as a result of non-payment, referred to as consequential damages that you may be entitled to.  Continue reading “You Can Collect Damages in Your New York Debt Collection Claim”

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What To Do When Your Clients Don’t Pay Within Terms

Companies and organizations are often challenged with what to do when clients don’t pay within terms. There are some accounts that routinely do not pay outstanding invoices within your terms. These are opportunities to improve your company’s cash flow. While you may have your payment terms established at Net 30, perhaps a discount offered to clients who make payments earlier, within 10 days, would encourage some customers to pay early. However, it seems that the majority of clients pay past the established Net 30 days.

There are changes that you can make that will help to improve receivables, improve cash flow and get your clients to pay within terms. Continue reading “What To Do When Your Clients Don’t Pay Within Terms”

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