Commercial Debt Collections
We handle collection actions for businesses. These are not actually "debt collections"- they are legal steps and procedures taken pursuant to a breach of a written or verbal agreement to pay a sum certain for a product or service (or failure to repay a loan).
When customers and clients who don't pay bills are a problem, sometimes it takes an aggressive approach to let them know you are serious about being paid. Other times, it is a sensitive topic that requires tact and care, so that relationships are not disturbed and more business can be done in the future.
We handle these on a contingent fee basis (20% of amount collected). We'll review the basis for the payment owed and develop the theory of the breach of payment and the proper approach to collect monies due.
We use best efforts to resolve outstanding receivables without litigation. Filing of lawsuits, when necessary, is handled on an hourly fee basis, unless it's in small claims court, which requires that the amount you are seeking in the lawsuit is not greater than $5,000.00. If you choose to go to small claims court, we will help file and prepare your case on the same 20% contingent fee basis.
Your businesses can be located anywhere in the U.S. as long as the payor/customer/client/debtor is in New York State.
Contact us today to discuss the scope of our service and the monies and/or receivables owed to your company.
* If you are a business that wants to immediately monetize a receivable by selling the outstanding payment obligation of a customer or client under an open invoice, see the "We Buy Receivables" page of this website.
* If you are a business that has business debt and open payables of your own with which you are struggling, see the "Business Debt" and "Business Restructuring" pages of this website for help.
* If you have a judgment you won in a lawsuit and have yet to collect proceeds, see the "Judgment Collection" page of this website.