Corporate Debt Collections in Louisiana
If your Louisiana collection agency isn’t living up to its promises, consider taking your business elsewhere. The Stevens and Ricci corporate debt recovery firm delivers a 72% rate compared to the 28% rate that the typical collection agency offers. In addition to a better level of success with business debt collections, our process is much faster, too. Just imagine the difference that turning around your delinquent accounts in less than 45 days would make to your cash flow. This is the average recovery timeframe that our collection lawyers can provide. If you’re located near Baton Rouge, LA or Gretna, LA, give our debt collection attorneys a call today to get the collection process started.
Metairie, Louisiana Collection Attorneys Succeed Where Others Fail
To ensure our success, we make sure that we never miss a critical opportunity. Your collection agency can’t say the same. They may make a few phone calls or even send a couple very serious sounding letters, but they’ll always give up when they don’t receive a positive response. Our business collection attorneys go the extra mile to track down your delinquent account holders, no matter where they may be, to negotiate payments. Our national support network has combined legal and collection functions to create the most efficient corporate recovery process available today. Not only do we have an extensive network of collection attorneys in each and every state, we have access to the best private investigators in the nation. Although Stevens and Ricci concentrates on pre-litigation collection methods, a conversation with an actual attorney is usually enough to start the payment process. Just the hint of a lawsuit can go a long way in the collection game. Don’t miss out on your opportunity to let Stevens and Ricci represent your interests when it comes to commercial debt.
Watch the Clock in New Orleans, LA
Did you know that you only have three years to collect a debt without going to court in Louisiana? According to the very strict statute of limitations in this state, you don’t have much time at all. In fact, you probably give your customers several months to pay before you even consider turning the account over for collections. If you’ve reached that point, you don’t have time to wait for the typical collection agent to give your debtor even more time to hand over your money. Use the corporate debt recovery services of Stevens and Ricci instead. Your funds will be recovered in the fastest, most efficient method possible.
Port Allen, Louisiana Debt Collection Attorneys vs. Collection Agencies
If you think that the only advantage that comes with using Stevens and Ricci to collect your debts is a substantial time savings, read on to learn more! When you compare our methods to the typical collection agency, you’ll quickly realize that you don’t have anything to lose by using an actual collection attorney. Are you tired of handing over a large percentage of your recovered funds to the collection agent? Instead of giving them a hefty portion of every dollar they collect, the Stevens and Ricci firm has collection techniques that mean your debtor will pay most, if not all, of your collection costs. After all, this is only fair. Our collection attorneys also have knowledge and authority that isn’t available to the mere collection agent. Instead of allowing voice mail or a legal team to stop us in our tracks, we can always gain direct access to your debtor and their legal counsel. The next few sections illustrate even more ways that the Stevens and Ricci firm can outperform your collection agency.
Consent Judgments in Port Allen, LA
How many times have your debtors promised to pay, but never followed through? If this is a frequent occurrence in your collection process, it can be quite discouraging. However, the collection attorneys at Stevens and Ricci have a helpful strategy to circumvent this problem. Our collection lawyers can convince your debtor to strengthen their short-term payment plan with a consent judgment. This legal document allows the creditor to ask for an immediate judgment if even one payment is missed. In most cases, we know the debtor’s financial information and can immediately seize their bank account for the total amount due. There’s no need to go to court, pay any additional fees, or even call the debtor. This simple process dramatically increases your chances of being paid and puts you in a better position than even a secured creditor.
Business Sales in Baton Rouge, Louisiana
If your debtor is in the process of liquidating, merging, or filing bankruptcy, your collection agency will be at a loss. Our debt collection attorneys always know what to do. They will put pressure on the legal team in charge of the transaction to supply a copy of the buy/sell agreement. Within this legal document, our collection lawyers often find a set-aside provision or reserve allowance specifically meant to pay unsecured creditors that hold an open balance during the transaction.
New Orleans Case Study
A few years back, our New Orleans, LA office received a desperate call for help from a medical equipment manufacturer that had an open account that was over a year past due. A Baton, Rouge, LA medical center had closed their doors while still owing our client $46,000 for a variety of medical supplies.
As is the usual case, the Medicare proceeds and other patient receivables were earmarked for the secured creditors. Our local collection attorney was familiar with the situation and began to investigate the issue further. Soon, he learned that the debtor was in the process of collecting a substantial sum from a variety of third parties. The lawsuit was still pending, but the Stevens and Ricci attorney was confident that the debtor would prevail after speaking to his legal team. The judgment would be large enough to pay off the vast majority of the unsecured debt owed by the debtor.
However, it wasn’t enough to simply wait it out. Our business debt attorney knew that he must make sure that the other creditors delayed their legal collection methods until this matter was resolved. He drafted a forbearance agreement and convinced the other creditors to sign. This allowed the debtor to have enough breathing room to get his financial affairs in order. When he won his case 18 months later, our client received $35,000 as settlement in full from the debtor’s lawsuit proceeds.
Corporate Debt Collections in Louisiana
If your Louisiana collection agency isn’t living up to its promises, consider taking your business elsewhere. The Stevens and Ricci corporate debt recovery firm delivers a 72% rate compared to the 28% rate that the typical collection agency offers. In addition to a better level of success with business debt collections, our process is much faster, too. Just imagine the difference that turning around your delinquent accounts in less than 45 days would make to your cash flow. This is the average recovery timeframe that our collection lawyers can provide. If you’re located near Baton Rouge, LA or Gretna, LA, give our debt collection attorneys a call today to get the collection process started.
Metairie, Louisiana Collection Attorneys Succeed Where Others Fail
To ensure our success, we make sure that we never miss a critical opportunity. Your collection agency can’t say the same. They may make a few phone calls or even send a couple very serious sounding letters, but they’ll always give up when they don’t receive a positive response. Our business collection attorneys go the extra mile to track down your delinquent account holders, no matter where they may be, to negotiate payments. Our national support network has combined legal and collection functions to create the most efficient corporate recovery process available today. Not only do we have an extensive network of collection attorneys in each and every state, we have access to the best private investigators in the nation. Although Stevens and Ricci concentrates on pre-litigation collection methods, a conversation with an actual attorney is usually enough to start the payment process. Just the hint of a lawsuit can go a long way in the collection game. Don’t miss out on your opportunity to let Stevens and Ricci represent your interests when it comes to commercial debt.
Watch the Clock in New Orleans, LA
Did you know that you only have three years to collect a debt without going to court in Louisiana? According to the very strict statute of limitations in this state, you don’t have much time at all. In fact, you probably give your customers several months to pay before you even consider turning the account over for collections. If you’ve reached that point, you don’t have time to wait for the typical collection agent to give your debtor even more time to hand over your money. Use the corporate debt recovery services of Stevens and Ricci instead. Your funds will be recovered in the fastest, most efficient method possible.
Port Allen, Louisiana Debt Collection Attorneys vs. Collection Agencies
If you think that the only advantage that comes with using Stevens and Ricci to collect your debts is a substantial time savings, read on to learn more! When you compare our methods to the typical collection agency, you’ll quickly realize that you don’t have anything to lose by using an actual collection attorney. Are you tired of handing over a large percentage of your recovered funds to the collection agent? Instead of giving them a hefty portion of every dollar they collect, the Stevens and Ricci firm has collection techniques that mean your debtor will pay most, if not all, of your collection costs. After all, this is only fair. Our collection attorneys also have knowledge and authority that isn’t available to the mere collection agent. Instead of allowing voice mail or a legal team to stop us in our tracks, we can always gain direct access to your debtor and their legal counsel. The next few sections illustrate even more ways that the Stevens and Ricci firm can outperform your collection agency.
Consent Judgments in Port Allen, LA
How many times have your debtors promised to pay, but never followed through? If this is a frequent occurrence in your collection process, it can be quite discouraging. However, the collection attorneys at Stevens and Ricci have a helpful strategy to circumvent this problem. Our collection lawyers can convince your debtor to strengthen their short-term payment plan with a consent judgment. This legal document allows the creditor to ask for an immediate judgment if even one payment is missed. In most cases, we know the debtor’s financial information and can immediately seize their bank account for the total amount due. There’s no need to go to court, pay any additional fees, or even call the debtor. This simple process dramatically increases your chances of being paid and puts you in a better position than even a secured creditor.
Business Sales in Baton Rouge, Louisiana
If your debtor is in the process of liquidating, merging, or filing bankruptcy, your collection agency will be at a loss. Our debt collection attorneys always know what to do. They will put pressure on the legal team in charge of the transaction to supply a copy of the buy/sell agreement. Within this legal document, our collection lawyers often find a set-aside provision or reserve allowance specifically meant to pay unsecured creditors that hold an open balance during the transaction.
New Orleans Case Study
A few years back, our New Orleans, LA office received a desperate call for help from a medical equipment manufacturer that had an open account that was over a year past due. A Baton, Rouge, LA medical center had closed their doors while still owing our client $46,000 for a variety of medical supplies.
As is the usual case, the Medicare proceeds and other patient receivables were earmarked for the secured creditors. Our local collection attorney was familiar with the situation and began to investigate the issue further. Soon, he learned that the debtor was in the process of collecting a substantial sum from a variety of third parties. The lawsuit was still pending, but the Stevens and Ricci attorney was confident that the debtor would prevail after speaking to his legal team. The judgment would be large enough to pay off the vast majority of the unsecured debt owed by the debtor.
However, it wasn’t enough to simply wait it out. Our business debt attorney knew that he must make sure that the other creditors delayed their legal collection methods until this matter was resolved. He drafted a forbearance agreement and convinced the other creditors to sign. This allowed the debtor to have enough breathing room to get his financial affairs in order. When he won his case 18 months later, our client received $35,000 as settlement in full from the debtor’s lawsuit proceeds.
