If someone owes you money, you have a right to collect it. If you don’t actively pursue the collection of the debt, the debtor has little or no incentive to pay you until after they pay everyone else. Even if the person or business that owes you money is struggling, and you want them to stay in business and be a future customer, it is important that the debt to you or your company be one of the first debts paid. The first debt collector in line often gets the larges piece of the pie. The last creditor in line may not even get crumbs.
When your company is owed money, you have a duty to collect as much of the money owed as possible. The stockholders, even if it is only you, are entitled to expect that the managers and officers will do everything in their power to maximize revenue. Even if that means using a debt collection law firm to threaten or initiate a lawsuit to collect a debt.
Would you like to be first in line when the person or company that owes you money pays their bills? To get first in line you need an aggressive collection law firm to put your debt in the must pay now pile. At Kevin J. Pratt, PC, we understand you want to collect your accounts receivable. Cash flow is important if not crucial to the success of your business. We also know from experience that debtors will pay the pressing creditors before they pay the quiet ones.
www.Legalcreation.com “because your rights are worth protecting!!”
Tags: accounts receivable, Add new tag, collect a debt, collection agency, file lawsuit, georgia collections, gwinnett collections, owed money
