Work with a Legal Professional for Debt Collection

Running a business often seems straight forward on the surface. In many cases it is; provide a good or service, receive payment and repeat. However, it’s easy for business owners concentrating on the various aspects of daily operations to encounter unforeseen circumstances. This is especially true as it pertains to payment and debt collection.

It’s critical that your business consistently collects the money owed by commercial customers and/or consumers. It’s common knowledge that maintaining proper cash flow keeps businesses running smoothly.

But, collecting payment can become a complicated and frustrating situation without an individual on your side who is well-versed in potential collection pitfalls such as the Fair Debt Collection Practices Act (FDCPA). Do you know there are time constraints pertaining to collection? What about limits on what time of day collection calls can be made, and to where those calls can be placed? (For more information on the FDCPA, click here).

Knowing these requirements helps protect your business in the long run. Working with an attorney before, during and after the collection process is often critical to success. Hynum Law has years of experience helping business owners in this area. In fact, we are able to provide assistance in the following areas:

  • Contacting the debtor to attempt collection outside of the court system (protecting your business from unnecessary legal actions);
  • Drafting and filing appropriate legal documents (when needed);
  • Obtaining a judgment (when needed), and more.

Additionally, a legal professional from Hynum Law can help your business create and implement ongoing collection techniques to provide consistency going forward.

Protect your business’s future tomorrow by speaking with Hynum Law today.

Category
Debt Collection