Your collection manager gave it their best shot — calls, letters, emails, faxes, an offer to go to debtor’s premises to pick up a check — before referring your non-paying customer out for collection. If the debtor doesn’t respond, or the responsive is not productive, your best option is to
Arnold V. Goldstein, retired partner of Frank, Frank, Goldstein & Nager passed away unexpectedly. We will always remember Arnold as the terrific mentor, friend and partner.
After months of trying — and failing — to successfully collect monies owed by a former customer, chances are it’s time to consult someone with debt collection experience. Perhaps you’ve done your research: You’ve investigated local firms and agencies, taken notes, and compared fees. You’ve done the math, but have
So much emphasis goes into sending a client a “final demand” letter. The letter, if you choose to send one can be as simple as one paragraph. A suggested format can be found here.
Your customer has finally responded to your demands for payment on the aged receivable. The response was a tale of woe accompanied by an offer that was far too low. As if that was not enough, the customer can’t even pay a lump sum offer. He requested a long, long,
Social security has changed the way they collect overpayment but has not forgiven the debt. We thought you would be interested in yet another twist in the government’s plan to collect. Here is a link to a report from CBS on the government’s new approach to collecting social security overpayments.
Case Study: This NYC debt Collection attorney firm was recently contacted by a landlord in California. One of his tenants, a famous New York socialite, three months in arrears, skipped, owing approximately 250k. The client was convinced that as NYC debt collection attorneys, we would be able to force the
With over 75 years of debt collection experience, the attorneys at Frank, Frank, Goldstein & Nager, P.C. know which strategies get their clients paid. Jocelyn Nager, Esq., president of FFGN, is a highly sought after speaker known for her ability to teach other New York attorneys how to successfully enforce
Advising your customers that they are in default is separate and apart from notifying customers that they are being sent to collections. There are some contracts that require a party to give the other party written notice of “default,” of non-payment. Failing to provide the requisite notice is considered a failure to meet