Collections

Business to consumer debt and business to business debt is becoming more prevalent. Many businesses extend credit to their customers, perform labor and provide goods before payment in full. In some industries it is not only common, but also expected.

While extending credit or doing the job under contract for payment gives your customers significant benefits there can be an issue when the customer fails to pay on time. There could be any number of legitimate reasons your customers aren't paying their bills on time. They may not have received the bill, they could be dealing with an overwhelming amount of debt or they may be in the habit of paying after the due date. In any of these cases, your business accounting is affected when your customers don't pay in a timely manner. 

Collecting debt from clients that can’t or won’t pay you is one of the trickiest parts of running a business, not to mention stressful. If you are too aggressive or use questionable tactics, you could lose a good customer who just need a little flexibility.  Or you could find you violated a rule of law. As an attorney I am well versed in federal and state laws; you won't worry whether you've run afoul of any regulations. 

After 30 days of non-payment attention must be made to an unpaid invoice. Sometimes a phone call or letter works, but a lot of times it just won't do. You will need to get their attention and that is done with a collection attorney. I have been doing collections for over 25 years in the greater Cleveland area, 17 of those as an attorney.