To maximize New York Debt Collection on unpaid invoices, consider varying the method in which you deliver your invoices. Doing so may get you paid. Take a lead from my digital legal library provider. The vendor had traditionally mailed invoices. For us, invoice came in, payment went out. At some point
Fortify your collection policy with technology to maximize the policy’s impact to see more money in your pocket. Your collection policy sets forth all of the steps from sale through invoicing and collection efforts. Included are checks and balances to support the efforts including documents, calendared dates for
There are many excuses customers can hide behind to avoid payment. By doing a little work in advance of the sale you can overcome your buyer’s objection to payment by incorporating favorable Terms and Conditions in your contract. Reasons for non-payment vary based upon industry. The excuses need not be creative
There are times when you will choose to transfer a receivable to another. In order to do so, you will need to execute an assignment of account. Deciding to assign the account to another will impact your rights to be paid and your ability to attempt collection. Our client, a
Yes, you will need to have a good case proving all elements of a breach of contract case. You will be required to prove that you performed under the terms of the contract and your customer failed to pay or repay you as agreed. But just having a good case is
There are and will always be debt collection scams. Today, creditors and debtors alike must beware. Daily reporting of stories of countless individuals and business owners victims of scams, losing their savings and businesses to imposters posing as debt collectors. “Collectors” posing as IRS agents bilking innocent taxpayers our of
Whether it’s construction services, professional services, modifications or enhancements to manufactured goods, everyone faces the same difficulties collecting monies owed for change orders or work beyond the scope. During Debt Collection, Why are change orders or work beyond the scope so difficult to collect? Here are a few reasons
We are taught profit follows risk. We take risks in order to maximize our profits. But in the world of debt collection does profit really follow risk? Take for example a very good friend who is in the furniture business. He’s been selling to the same overseas client for over
A New York Debt Collection case is really a breach of contract case. You and your customer agreed to work together in some capacity and now, you are unpaid. Whether the agreement is in writing or not. You need to make sure that you have the basics of a valid
Consulting clients about how best to insure prompt payment includes incorporating work flow, process, procedures, and controls. Invariably the road always leads back to our #1 tip, bill properly and on time. Mea culpa, not having follow my own advice, this New York Debt Collection attorney can speak from experience describing