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
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
We wish you and your families and friends a healthy Happy Holiday season! From Frank, Frank, Goldstein & Nager P.C., your New York Debt Collection Attorneys.
We wish you and your families and friends a healthy Happy Holiday season! From Frank, Frank, Goldstein & Nager P.C., your New York Debt Collection Attorneys.
Defendants continued to deny they owed the monies due under the loan claiming the loan was for someone else’s benefit. Although the terms were clear: sixty (60) installments, thirteen (13) payments made, clearly a defaulted loan. The borrower brought the other party that benefited into the case. All parties asserted claims
New York’s Debt Collection laws focus on regulating collection of consumer debts. The laws, at least as of now, have little or no impact on the collections of commercial , business to business, debt collection.
A recent NY Times article illustrates an individual’s emotional attachment to finances. These feelings may impact the way a company pursues their receivables. The emotional attachment delays collection and impacts the bottom line. To read more click here.
How do you determine how many people are needed to staff your collection department in order to achieve maximum recovery on receivables? Some may use the number of receivables as a guide, others, concentration using the 80/20 rule.
White Plains, New York, Wednesday, June 8th, 2016 — Jocelyn Nager, an industry leader in the field of debt collection and commercial litigation, will be a guest speaker at the New York State Bar Association.
It’s time. You need help collecting but you’re not sure to use the New York collection attorney, you’ve been using or try someone else. How can you be sure that your collection attorney will deliver the results you are looking for?