Debt collection attorney, Jocelyn Nager, is the Managing Partner of Frank, Frank, Goldstein & Nager, P.C., a thriving law firm devoted exclusively to commercial litigation and debt collection. She actively works at juggling her work and home life.
It’s December 2nd, year end is a mere 29 days away. Would offering a discount to customers who have failed to pay accelerate payment before year end? Your New York City debt collection attorney agrees that the answer is probably yes. For customers who intend to pay, offering an incentive,
The expectation is that you should be paid as agreed to in the terms. Since that’s not always the case there are steps you can take to stack the odds in your favor. Today’s debt collection tip is one that we suggest many of our clients incorporate in their collection
When we don’t like to do something, putting it off only makes it worse. The anticipation of tackling that task allows it to grow into a seemingly larger job. The same holds true for making collection calls. Jocelyn is a frequent speaker at seminars for business owners. A recurring theme
When asked to define “credit success” what comes to mind? Does your definition include accounts receivable? Ours does. We believe credit success is twofold; a business’ ability to obtain credit and its ability to extend credit to customers. The formula for success for both components is based upon a successful ability
Assets of all types can be sold to satisfy a judgment. An experienced New York debt collection attorney knows how to identify and seize assets so they can be sold to satisfy your judgment. You may be surprised which assets can be seized to get you paid. Throughout Frank, Frank,
It is true what they say; the early bird catches the worm. This is especially true as it pertains to collecting receivables. One of the best suggestions your New York collection attorney can make is to call the customer. Approach calls with delinquent customers from a position of strength as soon as
It has become apparent that your customer will not pay you. Your signed contract with the customer requires all fee disputes to be submitted to mediation. At this point, you are exhausted from all the efforts trying to collect the claim. You are ready to begin New York debt collection
Proposed changes to FICO scoring benefit the habitually late payors. Result for lenders is increased risk. If a consumer paid or settled a bill with a
Are you selling goods or equipment to your customers on terms? If the answer is yes, you are financing the purchase, you are a lender. As a lender, you should do more than sit back and wait for payment to arrive. One of the ways you can insure the best possible