New York Debt Collection Blog: Elevate Your Demand for Payment, Make Your Voice Heard

Related imageYou need to make sure your “voice” is heard when demanding to be paid during your New York Debt Collection process.

People always say that it’s in the “ask”.  How are you asking to be paid?

An advertising client sent over a large claim against a hospital. The claim, a sizable balance, was forwarded with the name of the A/P clerk in charge. We called several times but were never able to reach the clerk by phone. Voice mails were unanswered.  Our email might have been in the inbox buried below more urgent requests, deleted, trapped in spam….

The letter mailed and delivered by the US Post Office, who knows?

Realizing we were not being heard, I elevated the demand for payment and called the CFO’s office. When returning the call a few hours later, The CFO, tried to refer us to the hospital’s A/P clerk. You know the one, the one who ignored us.  No thanks.

If the CFO was too busy to help get our client paid, we would need to Continue reading “New York Debt Collection Blog: Elevate Your Demand for Payment, Make Your Voice Heard”

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NYC Debt Collection: Can an Electronic Signature Help Get You Paid?

Image result for signing a contractTechnology has been a blessing in countless ways. Agreements can be sent out electronically to prospective clients. Clients are able to review, and, if need be, make any revisions. The contracts can be “signed, sealed and delivered” with just a few keystrokes.  Although it is faster and easier to get the agreement signed, does the aid of an electronic signature help get your New York Debt Collection claim paid?

Gone are the days of most clients claiming they cannot sign a contract or change order when doing business with you.

Electronic signatures may be valid for credit card authorization, work authorizations or, just in general.

The necessity of printing a contract to sign it, scan it, and send it back is no longer a necessity thanks to “electronic signatures”. Thanks to the E-Sign Act of 2000 (Federal Electronic Signature in Global and National Commerce Act (E-Sign)), electronic signatures and electronic copies of contracts may be just what you need to show a valid agreement and enforceable under conditions and can help Continue reading “NYC Debt Collection: Can an Electronic Signature Help Get You Paid?”

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Changes by the Credit Reporting Bureaus will Directly Affect Collection of New York Judgments.

Image result for test takingThe three major credit reporting agencies are changing the recording of judgment information. The changes will directly affect collection of New York judgments (and collection of your receivables).

In part, effective July 2017, civil judgments must now include the judgment debtor’s date of birth or social security number in addition to the name and address and other pertinent information.

Without the requested information and the updated reporting requirements (must be updated every 90 days), the agencies will not Continue reading “Changes by the Credit Reporting Bureaus will Directly Affect Collection of New York Judgments.”

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Can You Get Paid Without Foreclosing on Your New York Mechanics Lien?

Because you supplied goods or worked on property in New York and didn’t get paid, you were able to take advantage of New York’s lien law and file a mechanics lien.

By doing so you were able to put the world on notice that you have a claim as it relates to monies owed for goods supplied or work done on the underlying property.

You thought the only chance to get paid was to enforce your rights as it relates to the underlying property. Placing the lien didn’t get the attention you had hoped and enforcement of a lien is not always practical.

For one or more reasons, you have decided not to foreclose on your New York Mechanics Lien.

Are you now forced to abandon any hopes of getting paid on the receivable or can you get paid without foreclosing on your New York Mechanic’s lien? Continue reading “Can You Get Paid Without Foreclosing on Your New York Mechanics Lien?”

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