In the face of today's changing economic climate, recognizing and managing future risks becomes a priority for credit professionals. Stevens & Ricci business credit solutions can provide a business with products and services to enhance cash flow. For corporate education, see our Resource Center. For third party collection services, see our section on Commercial Debt Recovery.
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Corporate Debt Recovery in New York

Corporate Debt Recovery in New York
If your New York business is less than satisfied with the poor results delivered by the typical collection agency, consider making a change. The commercial debt recovery firm of Stevens and Ricci will provide your business with a 72% recovery rate compared to the low 28% rate that a normal collection agency offers. The Stevens and Ricci recovery process is faster, too. It only takes 30 to 45 days or less in most cases to complete the collection effort. If your business is located near Brooklyn, Buffalo, or Garden City, don’t hesitate to call one of the New York Stevens and Ricci offices for help with your past due accounts.
New York City Collection Attorneys Succeed Where Collection Agencies Fail
The Stevens and Ricci firm will succeed where your collection agency has failed because we never miss a critical opportunity. Your collection agency may have made several phone calls, but they probably gave up when their calls were not returned. Our business collection attorneys take the initiative to track down your debtor, regardless of their location, to start the negotiation process. We have a collection support network that extends across the nation to include professional collection lawyers and expert private investigators in every state. Although Stevens and Ricci offers purely pre-litigation collection strategies, just the hint of court action is enough to start the payment process. At Stevens and Ricci, we have created an efficient system by combining collection and legal expertise so that no critical opportunity is missed. Take full advantage of this opportunity to use the Stevens and Ricci firm to collect on your corporate debts in Mineola, New York or Nesconset, New York.
Don’t Let the Clock Run Down In New York
In most cases, you only have four years to collect on a commercial debt in New York. When you consider that you’ve probably given your debtor a number of chances to pay before turning them over to collections, this date could be rapidly approaching. A typical collection agency will only give your debtor more time if they ask for it. Instead of letting the clock tick, use the efficient corporate debt recovery system provided by the Stevens and Ricci firm for your next commercial claim in Riverhead, NY or White Plains, NY.
Brooklyn, NY Debt Collection Attorneys vs. Collection Agencies
You’ll save more than time when you use the services of a Stevens and Ricci collection lawyer. Not only will our business collection attorneys consistently outperform the typical agent, they also have the authority and the knowledge to use strategies and methods that aren’t available to a typical collection agency. A collection agency will usually get voice mail, but a commercial debt recovery lawyer can gain direct access to business owners and their representatives. If your debtor hires their own legal group, a collection agency won’t be able to compete. However, a corporate debt collection attorney looks forward to this development as a way to advance negotiations to a higher level. Continue reading for even more ways that Stevens and Ricci can help with your corporate debt collection needs.
Consent Judgments in Nesconset, New York
When a debtor agrees to a short-term payment plan, the Stevens and Ricci debt collection lawyer is committed to getting it in writing. They can often strengthen the agreement by convincing the debtor to agree to a consent judgment clause. This legal technique means that our clients can enter for an instant judgment when the debtor misses a single payment. There’s no need to go to court, pay any fees, or waste any more time. Because we usually know the financial information of the debtor from previous paperwork, it’s a simple matter to seize the debtor’s bank account for the full amount due. This method dramatically improves your chances for speedy payment and puts you in a better place than a secured creditor.
Business Sales in New York City, New York
If your invoices were conveniently ignored during a business sale, merger, or bankruptcy, there’s not much that a regular collection agency can do. The Stevens and Ricci corporate debt collection attorney will know what to do. They can negotiate with the business owner and his legal team to obtain a copy of the buy/sell agreement or other paperwork. In most cases, this document contains a reserve allowance or set-aside provision meant to pay any unsecured creditor who holds a balance during this legal process.
Business Sale Case Study in Buffalo, NY
As mentioned previously, the sale of a business can often complicate the commercial debt recovery process, but it doesn’t have to put an end to it. When a debtor claims that they are no longer responsible to pay the debt because they no longer own the company, Stevens and Ricci may still be able to collect your money.
One of our DVD distribution clients placed an $89,000 account with Stevens and Ricci for immediate collection. They had delivered a substantial order of brand new releases to a chain of movie rental outlets and couldn’t collect the funds. ABC rentals, an alias, claimed that they sold their stores to XYZ rentals, also an alias, before the invoices were sent out. Of course, our client wasn’t informed of the transaction until after the account was delinquent.
The typical collection agency would have given up at this point and marked the account as uncollectible. However, we knew that the key to this case might be found within the buy/sell agreement, a document that the normal collection agent would never be given. Our debt collection attorney handling the case spoke to the debtor’s lawyer and managed to get a copy of the agreement. After reviewing the material, he found a set-aside provision and reserve allowance that specifically allowed for payment of any unsecured debt that was open during the transaction. Our client’s invoices were paid in full under the terms of the buy/sell agreement.
This is just one example of how the Stevens and Ricci firm and their team of debt collection attorneys can make a difference with your commercial accounts. Give us a call today to place your delinquent clients with one of our attorneys.

Corporate Debt Recovery in New York

If your New York business is less than satisfied with the poor results delivered by the typical collection agency, consider making a change. The commercial debt recovery firm of Stevens and Ricci will provide your business with a 72% recovery rate compared to the low 28% rate that a normal collection agency offers. The Stevens and Ricci recovery process is faster, too. It only takes 30 to 45 days or less in most cases to complete the collection effort. If your business is located near Brooklyn, Buffalo, or Garden City, don’t hesitate to call one of the New York Stevens and Ricci offices for help with your past due accounts.

New York City Collection Attorneys Succeed Where Collection Agencies Fail

The Stevens and Ricci firm will succeed where your collection agency has failed because we never miss a critical opportunity. Your collection agency may have made several phone calls, but they probably gave up when their calls were not returned. Our business collection attorneys take the initiative to track down your debtor, regardless of their location, to start the negotiation process. We have a collection support network that extends across the nation to include professional collection lawyers and expert private investigators in every state. Although Stevens and Ricci offers purely pre-litigation collection strategies, just the hint of court action is enough to start the payment process. At Stevens and Ricci, we have created an efficient system by combining collection and legal expertise so that no critical opportunity is missed. Take full advantage of this opportunity to use the Stevens and Ricci firm to collect on your corporate debts in Mineola, New York or Nesconset, New York.

Don’t Let the Clock Run Down In New York

In most cases, you only have four years to collect on a commercial debt in New York. When you consider that you’ve probably given your debtor a number of chances to pay before turning them over to collections, this date could be rapidly approaching. A typical collection agency will only give your debtor more time if they ask for it. Instead of letting the clock tick, use the efficient corporate debt recovery system provided by the Stevens and Ricci firm for your next commercial claim in Riverhead, NY or White Plains, NY.

Brooklyn, NY Debt Collection Attorneys vs. Collection Agencies

You’ll save more than time when you use the services of a Stevens and Ricci collection lawyer. Not only will our business collection attorneys consistently outperform the typical agent, they also have the authority and the knowledge to use strategies and methods that aren’t available to a typical collection agency. A collection agency will usually get voice mail, but a commercial debt recovery lawyer can gain direct access to business owners and their representatives. If your debtor hires their own legal group, a collection agency won’t be able to compete. However, a corporate debt collection attorney looks forward to this development as a way to advance negotiations to a higher level. Continue reading for even more ways that Stevens and Ricci can help with your corporate debt collection needs.

Consent Judgments in Nesconset, New York

When a debtor agrees to a short-term payment plan, the Stevens and Ricci debt collection lawyer is committed to getting it in writing. They can often strengthen the agreement by convincing the debtor to agree to a consent judgment clause. This legal technique means that our clients can enter for an instant judgment when the debtor misses a single payment. There’s no need to go to court, pay any fees, or waste any more time. Because we usually know the financial information of the debtor from previous paperwork, it’s a simple matter to seize the debtor’s bank account for the full amount due. This method dramatically improves your chances for speedy payment and puts you in a better place than a secured creditor.

Business Sales in New York City, New York

If your invoices were conveniently ignored during a business sale, merger, or bankruptcy, there’s not much that a regular collection agency can do. The Stevens and Ricci corporate debt collection attorney will know what to do. They can negotiate with the business owner and his legal team to obtain a copy of the buy/sell agreement or other paperwork. In most cases, this document contains a reserve allowance or set-aside provision meant to pay any unsecured creditor who holds a balance during this legal process.

Business Sale Case Study in Buffalo, NY

As mentioned previously, the sale of a business can often complicate the commercial debt recovery process, but it doesn’t have to put an end to it. When a debtor claims that they are no longer responsible to pay the debt because they no longer own the company, Stevens and Ricci may still be able to collect your money.

One of our DVD distribution clients placed an $89,000 account with Stevens and Ricci for immediate collection. They had delivered a substantial order of brand new releases to a chain of movie rental outlets and couldn’t collect the funds. ABC rentals, an alias, claimed that they sold their stores to XYZ rentals, also an alias, before the invoices were sent out. Of course, our client wasn’t informed of the transaction until after the account was delinquent.

The typical collection agency would have given up at this point and marked the account as uncollectible. However, we knew that the key to this case might be found within the buy/sell agreement, a document that the normal collection agent would never be given. Our debt collection attorney handling the case spoke to the debtor’s lawyer and managed to get a copy of the agreement. After reviewing the material, he found a set-aside provision and reserve allowance that specifically allowed for payment of any unsecured debt that was open during the transaction. Our client’s invoices were paid in full under the terms of the buy/sell agreement.

This is just one example of how the Stevens and Ricci firm and their team of debt collection attorneys can make a difference with your commercial accounts. Give us a call today to place your delinquent clients with one of our attorneys.

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