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Tag: b2b debt collection

The process of collecting a debt owed to you from another business can seem daunting if you don’t understand the process.  Howe & Associates believes in helping our clients understand the process. After helping the client understand how to collect a B2B debt, then we take on the “heavy lifting” and getting our clients the money they are owed.

We have a large library of videos that helps explain the process to collect a B2B debt. And, we encourage you to watch them as you decide your next steps.  Our videos cover topics such as :

  • What Does a Collection Attorney Do?
  • How To Collect Past Due Loan Payments
  • What are Payment Bond Claims in Georgia?
  • Overcoming bankruptcy Barriers in Collecting Business Debts
  • How Can I Seek a Court Order to Repossess Pledged Collatteral?
  • What is a Promissory Note?
  • How can I Negotiate a Reasonable Plan of Repayment?
  • Can a Debtor Return Materials in Exchange for Payment?
  • What to do When Faced with Chapter 11 Bankruptcy with a Debtor?
  • How Does Our Firm Enforce Judgements?
  • The Debt Collection Demand Letter Process in Georgia
  • How can Landlords Collect Delinquent Rent Payments in Georgia?
  • How Does Our Firm Handle Breach of Contract Cases?
  • and much more…

Andrew Weisblat, in his article at Business.com states that “There are many steps in the commercial debt collection process, which can often require legal action against a business debtor. ”   The laws in Georgia are different than the laws in other states. So, it’s important to hire an experienced Georgia debt collection attorney that understands the specifics if the debtor is in Georgia.

Howe & Associates Makes B2B Debt Collection Easy

Do your B2B clients owe your company money? Fortunately, the professionals at Howe & Associates can help you understand the process to collect a B2B debt. And, they can help you take the steps to collect these debts and maintain your business relationships. So, contact our office today to find out why our experience and value make our law firm the best choice to handle your collection claims.

As a small business owner, you face many challenges that are unique to the way you do business. One of these challenges is how you collect debt. Collecting unpaid debt as a small business is incredibly difficult. Consumers may believe you don’t have the manpower or resources to take action against their delinquency. In many cases, they are right. When you hire debt collection attorneys, it may seem like too large of an expense when you look at the budget for your small business. But, we believe it is essential to the health of most small businesses, here’s why.

Debt collection attorneys have the resources and manpower needed to collect unpaid debt.

When small businesses involve debt collection attorneys in their collection efforts, consumers are much more likely to perceive that you are serious about collecting the money owed you. Additionally, these specialized lawyers have the resources and manpower needed to collect on unpaid debts.

They have expert knowledge of debt collection laws and best practices.

You became a small business owner because you are an expert in your industry. However, when it comes to debt collection you may still have a lot to learn. When you partner with a debt collection attorney, you can rely on their expert knowledge. They have obtained knowledge through years of collecting unpaid debt and studying law.

Debt collection attorneys elevate debt collection beyond typical practices.

As a small business owner, there is only so much you can do to collect debt. If you hire debt collection attorneys, they are able to employ wage garnishment, foreclosure or even levying of the debtor’s bank account.

If you are a small business owner and you are struggling to collect on unpaid debt, call 678-566-6800 to speak with one of the experience lawyers at Howe & Associates Debt Collection Attorneys.

If you are a business owner, you know the pain of collecting a debt from a client. Since most businesses pay for services received, it’s a natural tendency to think this will not be a big problem. Unfortunately, it’s often a cause of significant income loss. Debt collection also creates unexpected loss of man hours in the collection process. Proper professional and courteous communication can often solve these problems while they are small.  Once the problem becomes larger and the time since the debt was originally owed increases, the options when collecting a debt from a client become more expensive and complex.

Types of Late Paying Customers and Clients

In general, B2B debt collection has to do with collecting debt from a client who falls into several categories.

  • Deadbeat customers and clients that will go to any length to avoid paying.
  • Clients that tend to have an influx of payments due at the same time and decide to delay paying some, while paying others.
  • Business owners who are suffering some sort of financial crises that creates a cash flow problem.  They may want to pay but just don’t have the money when the bill comes due.

As a business owner, it’s easier to deal with the clients that fall into the last two categories above.  Often a few phone calls, and arrangements for a modified re-payment plan can make all the difference when collecting debt from a client.  These clients often want to pay something but are afraid to ask for a temporary arrangement.  Consider opening this door since most of these clients have a history of making good payments with you.  And, they are potentially long term customers going forward.

The first category, deadbeat customers and clients, is more challenging and requires a specific plan with escalation options.  It’s critical to act quickly and be both consistent and persistent in your efforts when collecting debt from a client.  Below are some recommended guidelines to consider.

Tips for Collecting a Debt From a Client

  • Avoid harassing the people that owe you money. This is both a good customer service policy as well as a good legal policy. If your actions can be considered harassing, you may wind up losing a customer. In the worst cases, you could face a legal challenge. If you call your debtors, be sure not to leave more than one message per day, and never threaten or speak ill of a debtor.
  • Keep phone calls short. To keep phone calls short, be sure that you are on message, short and formal. Do not imply that failing to make a payment is the same as a personal failure. Stay calm during the conversation, but always be clear that there is a debt that needs to be paid.
  • Write letters. The letters that you write to your customers and clients that owe money are called demand letters. You should be sure to send these in addition to making phone calls. Save copies of each letter you send. They may be useful if you have to go to a collections agency.
  • Get a collection agency to write demand letters. Collection agencies are professionals when it comes to collecting debt from a client. Therefore, it is no wonder that they write great demand letters. Many collections agencies offer this letter writing service at a fixed cost. You will normally get a series of letters to mail, each one escalating in intensity.
  • Offer to settle for less than is due. If you think that a debtor would be willing to do so, you may want to offer to settle for less than is due to your small business. This is an often used strategy on clients and customers that have no real hope of paying off the debt they owe. This settlement should be made official in a legal document that shows a payment of less than is due that satisfies the entire debt.

Hire a Debt Collection Lawyer for Help

Here at, Howe & Associates, we specialize in collecting a debt from a client.  Our team of experienced debt collection attorneys know the Georgia law, and have a long proven track record of getting results for our business clients. Contact one of our attorneys today.