Nevada Debt Collections
If your company is located in Las Vegas, Nevada, there’s no reason to gamble on your corporate debt collection process. When you compare the much higher 72% recovery rate that the Stevens and Ricci firm can offer next to the 28% rate of most collection agencies, you’ll quickly see that the odds are in your favor when you use our corporate debt recovery services. Not only do we collect more, but we can also collect faster. In most cases, our collection attorneys can provide results in 45 days or less instead of taking months or even years. Give our business collection attorneys in Las Vegas, NV a call today to get started.
Las Vegas, Nevada Collection Attorneys Provide Results
Because most collection agencies miss critical opportunities, your company will always receive better results when you use the services of the Stevens and Ricci corporate debt recovery team. Instead of stopping at a few unreturned phone calls, our national network of collection attorneys and private investigators finds your debtors no matter where they try to hide. Although we concentrate on purely pre-litigation collection methods, a call from an actual business collection attorney will always outperform a phone call from a typical collection agency. The Stevens and Ricci law firm combines collection and legal expertise into one coordinated effort to achieve the highest possible results when collecting our clients’ corporate debts. Don’t miss your chance to use our services. Give our collection lawyers in Las Vegas, NV a call today.
Nevada Laws Do Not Protect Businesses
If you have the misfortune of accepting a bad check for a past due debt in Nevada, your legal remedies are limited. You can charge a $25 service fee, but this doesn’t even cover your bank fees in many cases. If you would like to take the case to court, you may be able to collect anywhere between $100 and $500 for your trouble. To most business owners, a day in court is not worth this small amount. By taking advantage of the services of the Stevens and Ricci debt collection firm, this will no longer be a problem. Before accepting a payment from your debtor, our corporate debt recovery experts make sure that the funds are received in a secure manner.
Nevada Debt Collection Attorneys Outperform Collection Agencies
Not only do Las Vegas, NV business collection attorneys save time, they also add additional value to the corporate debt recovery process when compared to the typical Vegas collection agent. The legal team at Stevens and Ricci have the knowledge and authority to make things happen. Instead of relying on phone calls to begin the repayment process, our collection attorneys can petition the court to force the debtor to appear to answer questions about their financial status. If they decide to hire their own legal team, this works to our advantage. Instead of simply giving up, we will contact the lawyer directly to move the corporate recovery process to the next level. The following material further illustrates how the Stevens and Ricci firm outperforms collection agencies every single time.
Pursuing Principals in Las Vegas
When Las Vegas business owners try to hide behind the corporate laws to avoid paying their debts, the Stevens and Ricci firm knows how to remove this barrier. In many cases, dishonest individuals create companies and run up substantial amounts of debt in the corporate name. When the payments are due, they close up shop without filing bankruptcy or claim that the company has been sold to someone else. Without a personal guarantor, our client finds themselves in a poor bargaining position with only a failed corporate entity to turn to for payments. By using the theory of liability, our collection attorneys can pursue the principal in many corporate debt collection cases. If our client can show that the business owner has used personal checks to pay for corporate debts, we can also claim that the corporation was illegal and that the owner owes the debt personally.
Selling a Business in Nevada
In this day and age, mergers and acquisitions are a normal course of business. If you’re not careful, the money owed to you could be lost in the shuffle. The typical collection agency does not have the knowledge or the experience to know how to handle bankruptcies, liquidations, sales, or mergers. The Stevens and Ricci business collection attorney will contact the legal counsel for each party in the transaction to acquire a copy of the buy/sell agreement. In most cases, careful analysis will reveal set-aside provisions or reserve allowances for unsecured creditors who have an open balance during the transaction.
Nevada Case Study
The corporate debt collection case of one our out-of-state clients perfectly illustrates the difference that the Stevens and Ricci firm can provide. They sold surgical equipment to a Nevada surgery center near Henderson, but the debt was left unpaid when the surgery center closed their business, shut off their phone lines, and disappeared from sight. The surgery center was a corporation without a personal guarantee with our client. Without an individual person to pursue, our client wasn’t sure where to turn.
While looking through their files, they noticed that another vendor was listed as a reference on the surgery center’s credit application. When the vendor was contacted, our client found out that several vendors were left with outstanding debts. This specific vendor had turned the debt over to a collection agency, but the debt was declared uncollectible.
Because our client couldn’t afford to take the loss, they turned to our collection team. Our business collection attorney started the process by interviewing sales reps from our client’s company and the other vendor. During the interview, we discovered that that one of them knew a close personal friend and business contact of the debtor. From this person, we obtained the name and phone number of the debtor’s private medical practice.
Our collection lawyer made the phone call and spoke directly to the debtor. After finding out that he was in the process of finding new financial backing for a completely reorganized surgery center, we were able to convince him to accept personal responsibility for our client’s debt.
In this case, the debtor was not legally responsibility to pay the original invoices. However, we collected the full amount due plus interest because our collection lawyer took the initiative to pursue the matter. As a bonus, the debtor continues to be a valued customer of our client’s supply company because our corporate debt recovery team treated him with respect and courtesy.


