Getting paid can sometimes take longer than expected. But, how long? That depends on whether your client has a deep pocket. And also how long they want to stretch out and avoid payment. Consider this: A contingency fee is the most common way to handle claims. When there appears to
Disparaging remarks added to the sting of not getting paid is upsetting. What makes it worse is when a client fabricates a reason for non-payment, which is downright untruthful. You may know the drill. There is a quick flurry of emails back and forth; insults hurled from one to the
Are you looking to collect from a customer operating in NYC? Here’s what you need to know about collecting bad debt in New York City. The first step is the demand phase, which is all about writing, emailing, calling the customer and asking for money. Do this from anywhere. If you
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
Thinking about replacing your lawyer with someone else because you are unhappy with the results thus far on your NY debt collection case? Worried that replacing your current NY contingency fee debt collection lawyer with another will impact your bottom line? That any recovery on the claim would be further
Your customer fails to make payment. If payment is not made within 30 days your invoice states that you have the right to more than just the contracted price. You carefully included additional terms on your invoice. These terms stood out in bold type. Your invoice stated that you would
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,
Who Pays the NY City Marshal to Collect Your Judgment? The whole idea behind chasing bad debt is to cut your losses. Spending additional monies or legal fees to collect bad debt is often compared to throwing good money after bad. Although your collection attorney may be working on a
Your collector wants to collect money for you. The better the tools you provide them, the greater success your collector will achieve. Here are five tools/tips to help your collector(s): Tip 1: Communicate Reasonable Expectations Make sure you have reasonable expectations for your collector’s performance. What percentage of the portfolio
Imagine your New York Debt Collection claim handled online? You would not be required to leave your desk or home to pursue your unpaid invoices. New York could be headed in that direction if we follow British Columbia’s lead. Looking to increase access to justice, British Columbia announced that small