Small business owners know how difficult debt collection can be. Collecting debts is one of the main failing points many businesses throughout the country experience. One of the main hurdles that small businesses go through is learning how to get money from non-paying clients. However, with a little practice and courage, you may be able to lessen the amount of late payments clients owe your business. Furthermore, it can even help you develop an understanding of when to expect non-payment from a client. And with some planning, you can reduce late payments and come up with a business plan that lets you know the right time to go for a collection.
Effective communication with clients who owe you money can help you settle the debt amicably. However, after five invoices have been sent, phone calls have been made, and emails sent, what more can a small business do to get money from non-paying clients? Do you seek the help of a debt collection law firm?
Fortunately, there are several tools a small business can utilize to collect debt. The following are three ways small businesses can collect debt.
Mediation to Get Money from Non-Paying Clients
First of all, both parties can bring in a neutral third party to assist in reaching an agreement on when the debt will be paid and how. This form of resolving the issue is for parties hoping to remain on good terms. Hence, mediation is a private process. The mediator encourages both parties to be as creative as possible to reach a form of agreement away from the courts. If both parties reach an agreement, the mediator seals the agreement with a written document, which is irrevocable and binding. Both sides often use attorneys to fulfill this role.
Local County and Hot Check Division
Additionally, a business can receive a hot check with non-sufficient funds. This can be devastating; but remember when this occurs that all is not lost. Fortunately, most counties in Atlanta have a hot check division in the local county attorney department. Its job is to return money that non-paying clients owe that they previously refused to pay. This service will help you to get your money. Bring the check to the hot check division after you have contacted the hot check writer and he/she has refused to cooperate. However, you must accurately identify the person who issues you a check by writing the person’s driver license number and state of issuance on the face of the check. Finally, the court will issue a warrant of arrest.
Using The Legal System
It may be necessary to use the court system to get money from non-paying clients. A debt collection lawyer in Atlanta can file your case in court. A court will assist you in establishing a method to retrieve what is owed to you. This route of collection requires you to obtain a judgment from either a district court or the county court with the help of a debt collection firm. The judgment can give you a writ of garnishment. The writ then gives you the authority to collect the sum owed to you from the debtor’s bank account. In addition, a judgment can also give you a writ of execution on personal property, which lets you use a court official to confiscate some kind of property from the debtor.
Each method gives you the ability to collect the debt owed to you and can be rewarding. But there must be a balance between costs and the amount of debt recovered. Perform credit checks and background checks early on to prevent these problems from arising. For more help with getting money from non-paying clients, contact Georgia Debt Collection today.
Creditors who are pursuing a debtor for the collection of a debt in Atlanta or the State of Georgia need the services of an aggressive and experience debt collection attorney. We work on a contingency basis to collect debts and file suit, file garnishment, levy on property, domesticate judgments in Georgia and collect on judgments in the State of Georgia. Companies or businesses in the state of Georgia that extend credit in various ways are always susceptible to customers that may not pay their debt in a timely manner or may not pay at all. If your customer refuses to pay and becomes a debtor it is important to seek the help of an experienced debt collection law firm.
Debts Collected in Georgia
No matter the type of business, whether you are a supplier, medical provider that needs to collect on medical debts in Atlanta or in Georgia, or a company that supplies labor and materials, we can help. If the debtor has ignored your demand for payment, filing of a lawsuit may be a possibility for you as a creditor. The State of Georgia has many laws that help protect creditors and help creditors enforce payment of a past due balance against a debtor.
Law Firm Collection Agency
The best option in the state of Georgia for collecting debt is with a law firm with vast experience in handling debt cases. The reason being you will not only have a team of expert collection experts but also professional attorneys that understand the laws and the statute of limitations so you do not wait too long and run out of time to collect debt that is owed. Our staff of experienced collectors and paralegals will provide debt collection support for your case throughout the entire process.
A debt collection lawyer in Georgia is abreast of all the all laws in their state as well as the nation that govern debt collecting. Every state has a different set of laws that must be adhered to, from the first step all the way to receiving judgment and onward. If you must go to court, you will need an experienced debt collection team of experts that know what is needed in court for you to win your case and receive a judgment against those that owe you money. Once you receive the judgment, if you sit and do nothing, then you still may not receive the debt that is owed. With a knowledgeable collection attorney by your side, you will know your options and will be able to receive what is duly owed to you or your company.
Your Collection Agency in Georgia
At experienced debt collection law firm, we provide our clients with the experience of a complete team of paralegals, investigators, and collectors, in order to provide the best results for our clients. We do all the legwork prior to legal matters as well as provide you with a systematic solution in order to understand the collection process. Our comprehensive solution is the best in the state of Georgia providing you with a team of experts that have proven success.
Our collection solution in Atlanta offers our clients the most all-inclusive collection process in the business including the usage of the art Collection Master™ software that provides the tracking of each debt collection claim handled by our firm. We work diligently with all aspects including pre-judgment attorney demands, the filing of the lawsuit, discovery, and trial, to post judgment collections including garnishments and property levies and attorney fee recovery, our collection agency law firm provides inexpensive solutions for creditors.
We would like to take this time to offer our services to you as a Debt Recovery and Creditor law firm with a free consultation. At our Atlanta Georgia office, we offer a free consultation to companies and businesses that need help with debt collection. You can contact one of your professional debt collection attorney’s today at 678-566-6800. The consultation is offered with no obligation for future services.