In this economy, everyone is looking to find new revenue. This invariably leads them to that stack of old accounts receivable that have been ignored while they were dealing with paying customers. But, before you begin your collection efforts, consider the following things:
- If you have never sued over unpaid invoices, you will want your attorney to review your documents to make sure they are ready for collections action. For more information, read our blog titled “Will your paperwork support a lawsuit?”
- Consider your public relations in your legal strategy. Customers do not like “bill collectors,” so remember to take actions that are representative of how you want to be viewed in how your treat your customers.
- Don’t delay. The quicker you begin your collection efforts the more likely you will succeed in getting paid.
- Document all correspondence with your customers. Whether it is a telephone conversation or a letter requesting payment, it is important to keep a complete file.
If the stress and headache are too much, contact the attorneys at Windtberg & Zdancewicz to manage your collection efforts for you.
If you are interested in learning more about your rights as a creditor, contact Windtberg & Zdancewicz, PLC, at 480.584.5660. Our office is conveniently located in Tempe, Arizona. We handle all matters related to collection of past due accounts, including a creditor’s rights against a bankrupt borrower. Our attorneys handle cases from pre-litigation collection through litigation, obtaining and enforcing judgments to collect what our clients are owed.