Best debt collection law firm options? Give Options. If a customer is having trouble paying off debt, it might be possible for him to make payments over time. Try to work out a plan that will work for both the customer and your client. The goal is to get the customer to pay the entire debt as quickly as possible. Listen carefully and offer options until something workable is defined. Recap the Terms. Once a payment plan has been agreed to, verbally summarize the plan for the debtor. This summary should include specifics of when the debtor will send each payment, and what form of payment will be used. Then document it in writing via email, fax or letter. Ask the debtor to call or e-mail you once a payment has been sent.

Use Your Flexible Spending Account Balance: Workers who have flexible spending accounts need to use up their balances soon. These accounts have “use it or lose it” provisions in which money reverts back to an employer if not spent. While some companies provide a grace period for purchases made in the new year, others end reimbursements at the close of the calendar year.

Waiting for your clients to pay back by themselves is something that will never happen. And if you wait longer than 90 days, the chances are greater you’ll never be able to recover your money. Involving a collection agency is the best choice, as the collection agents or law firm are experts in getting the recovery payments from clients in a proper way. By implementing these ways, you can get the pending payments from your clients quickly and easily. Read more information on How to choose a collection agency.

If a creditor is unable to properly prove the required facts in their lawsuit and does not voluntarily non-suit their lawsuit, a request can be made through a ‘Motion for Summary Judgment’ or at trial that the creditor’s lawsuit be dismissed because they cannot properly prove their case. This path is very complicated and should be left to the assistance of a lawyer. For residents of Harris County, Galveston County and Fort Bend County, you can find more information about your lawsuit on the appropriate court or clerk’s website. Other nearby and surrounding counties may or may not have online records depending on the particular county.

Remember! The longer you wait to recover the debt on delinquent accounts, the less likely you are to receive payment. Since it can be difficult to collect money on accounts that refuse to pay, many small businesses turn to collection agencies for help. Collection agencies differ based on industry type, locations served, collection type (consumer or commercial), and collection strategies. Hire a Collection Professional today! Read additional information on this website.