Commercial Debt Recovery in Oregon
When your Portland, Oregon collection agency fails to provide the exceptional results that were promised, it may be time to make a change. By moving your delinquent accounts to the corporate debt recovery firm of Stevens and Ricci, you’ll see your recovery rate soar from the standard 28% rate that the typical collection agency offers to our much higher 72% rate of success! You’ll also be encouraged by our collection timeframe. Instead of taking months or years to show results, our average collection period is less than 45 days. If your offices are located near Beaverton, OR or Hillsboro, OR, give us a call today to start the collection process!
Portland, OR Collection Attorneys Make a Difference!
Because the typical collection agency’s approach misses critical opportunities that we take full advantage of, we succeed where they fail. Your collection agent will make a few phone calls, but they can’t do much more than wait for a return call to collect your debt. Our collection attorneys, on the other hand, go the extra mile to track down your debtors, no matter where they may be. Our national network of corporate debt collection professionals includes not only the very best collection attorneys, but private investigators, as well. Our services are considered pre-litigation commercial debt recovery tactics, but they provide the results that you are looking for without the expense of entering the courtroom. Because a phone call from a mere collection agency employee doesn’t carry the same weight as speaking to a professional attorney, a few conversations is usually enough to start the repayment process. By combining legal and collection functions to take advantage of every opportunity, the Stevens and Ricci corporate debt collection firm in Beaverton, Oregon provides the very best results in the corporate debt collection industry. Simply call us today to find out how our business collection attorneys can help!
Oregon Laws Are Not On Your Side!
In Oregon, you only have six years to collect your debt without going to court. If you do file for a judgment, it will be good for another 10 years. However, the longer you wait, the less likely you’ll be to ever collect a dime. After all, a judgment is just a piece of paper that allows you to continue trying to collect; it doesn’t guarantee payment. Instead of wasting your valuable time with a standard collection agency, allow the Stevens and Ricci firm to collect your commercial debts in a fast and efficient manner! You’ll be amazed at the difference it can make to your bottom line.
Debt Collection Attorneys in Hillsboro, OR vs. Collection Agencies in Portland, OR
The debt collection attorneys at Stevens and Ricci offer more than a substantial time savings when compared to a collection agency. Our collection team will not only outperform a collection agency every time, but we also have the knowledge and the authority to use collection methods that simply aren’t available to a typical collection agency. Instead of stopping at voice mail, a debt collection attorney can gain direct access to your debtor and his agents. If the debtor decides to hire their own attorney, a collection agent may decide to declare the account uncollectible and move on. In contrast, our debt collection lawyers welcome this development as an opportunity to take the commercial debt recovery process to the next level. The following sections explain more ways that a business collection attorney can improve your ever-important cash flow.
No Need to Worry About Bounced Checks When Using Our Beaverton, Oregon Office!
If you’re desperate to collect your funds from a delinquent debtor, you might jump at the chance of receiving a check. However, this can lead to additional problems for both you and the other party. If the check isn’t backed by sufficient funds, it will quickly be returned. Not only is the original debt not reduced, they now owe you more because of the hefty bounced-check fees. While most of the checks you receive will be perfectly good, be careful with any check displaying a low number. This usually means the account is fairly new, and most bad checks are written on accounts that are less than one year old. If you have a bounced check on your hands, never return it to the debtor until they’ve paid in full with cash or secured funds. To eliminate this problem with your delinquent accounts, let the Stevens and Ricci firm of debt collection attorneys recover your commercial accounts instead!
Business Sales in Portland, OR
If your client tells the collection agency that their business is in the process of a merger, liquidation, bankruptcy, or acquisition, the agent won’t know how to proceed. A debt collection lawyer will put pressure on the owner and their representatives to provide a copy of the buy/sell agreement. After careful analysis, these legal documents are often found to include set-aside provisions or reserve allowances intended to cover debts owed to unsecured creditors who hold a balance during the transaction.
Oregon Case Study
The Stevens and Ricci firm recently settled a case in the favor of our client in Portland, Oregon. As a medical equipment manufacturer, they had sold $46,000 worth of goods to a Hillsboro, Oregon hospital and surgery center. Because the debtor was a start-up practice, the landlord built a facility to meet their needs and leased it to our client’s debtor. Within a year, the center ceased operations and the property reverted to the landlord. It was soon re-leased to another medical facility.
Because state Medicare proceeds and other patient receivables are earmarked for secured creditors, and our client’s account was unsecured, they contacted the firm of Stevens and Ricci for help. Our collection attorney was familiar with the situation and began an investigation of the debtor’s current finances. He discovered that the debtor was in litigation to recover damages from a number of third parties. If he won, the judgment could possibly pay off all unsecured creditors in full.
It was critical to our collection effort to convince the other major creditors to hold off on their legal collection efforts against the debtor to give him time to win his battle in court and put his affairs in order. We drafted a forbearance agreement and convinced the other unsecured creditors to sign. Eighteen months later, we received a payment of $35,000 as a full settlement from the debtor’s lawsuit proceeds.
Commercial Debt Recovery in Oregon
When your Portland, Oregon collection agency fails to provide the exceptional results that were promised, it may be time to make a change. By moving your delinquent accounts to the corporate debt recovery firm of Stevens and Ricci, you’ll see your recovery rate soar from the standard 28% rate that the typical collection agency offers to our much higher 72% rate of success! You’ll also be encouraged by our collection timeframe. Instead of taking months or years to show results, our average collection period is less than 45 days. If your offices are located near Beaverton, OR or Hillsboro, OR, give us a call today to start the collection process!
Portland, OR Collection Attorneys Make a Difference!
Because the typical collection agency’s approach misses critical opportunities that we take full advantage of, we succeed where they fail. Your collection agent will make a few phone calls, but they can’t do much more than wait for a return call to collect your debt. Our collection attorneys, on the other hand, go the extra mile to track down your debtors, no matter where they may be. Our national network of corporate debt collection professionals includes not only the very best collection attorneys, but private investigators, as well. Our services are considered pre-litigation commercial debt recovery tactics, but they provide the results that you are looking for without the expense of entering the courtroom. Because a phone call from a mere collection agency employee doesn’t carry the same weight as speaking to a professional attorney, a few conversations is usually enough to start the repayment process. By combining legal and collection functions to take advantage of every opportunity, the Stevens and Ricci corporate debt collection firm in Beaverton, Oregon provides the very best results in the corporate debt collection industry. Simply call us today to find out how our business collection attorneys can help!
Oregon Laws Are Not On Your Side!
In Oregon, you only have six years to collect your debt without going to court. If you do file for a judgment, it will be good for another 10 years. However, the longer you wait, the less likely you’ll be to ever collect a dime. After all, a judgment is just a piece of paper that allows you to continue trying to collect; it doesn’t guarantee payment. Instead of wasting your valuable time with a standard collection agency, allow the Stevens and Ricci firm to collect your commercial debts in a fast and efficient manner! You’ll be amazed at the difference it can make to your bottom line.
Debt Collection Attorneys in Hillsboro, OR vs. Collection Agencies in Portland, OR
The debt collection attorneys at Stevens and Ricci offer more than a substantial time savings when compared to a collection agency. Our collection team will not only outperform a collection agency every time, but we also have the knowledge and the authority to use collection methods that simply aren’t available to a typical collection agency. Instead of stopping at voice mail, a debt collection attorney can gain direct access to your debtor and his agents. If the debtor decides to hire their own attorney, a collection agent may decide to declare the account uncollectible and move on. In contrast, our debt collection lawyers welcome this development as an opportunity to take the commercial debt recovery process to the next level. The following sections explain more ways that a business collection attorney can improve your ever-important cash flow.
No Need to Worry About Bounced Checks When Using Our Beaverton, Oregon Office!
If you’re desperate to collect your funds from a delinquent debtor, you might jump at the chance of receiving a check. However, this can lead to additional problems for both you and the other party. If the check isn’t backed by sufficient funds, it will quickly be returned. Not only is the original debt not reduced, they now owe you more because of the hefty bounced-check fees. While most of the checks you receive will be perfectly good, be careful with any check displaying a low number. This usually means the account is fairly new, and most bad checks are written on accounts that are less than one year old. If you have a bounced check on your hands, never return it to the debtor until they’ve paid in full with cash or secured funds. To eliminate this problem with your delinquent accounts, let the Stevens and Ricci firm of debt collection attorneys recover your commercial accounts instead!
Business Sales in Portland, OR
If your client tells the collection agency that their business is in the process of a merger, liquidation, bankruptcy, or acquisition, the agent won’t know how to proceed. A debt collection lawyer will put pressure on the owner and their representatives to provide a copy of the buy/sell agreement. After careful analysis, these legal documents are often found to include set-aside provisions or reserve allowances intended to cover debts owed to unsecured creditors who hold a balance during the transaction.
Oregon Case Study
The Stevens and Ricci firm recently settled a case in the favor of our client in Portland, Oregon. As a medical equipment manufacturer, they had sold $46,000 worth of goods to a Hillsboro, Oregon hospital and surgery center. Because the debtor was a start-up practice, the landlord built a facility to meet their needs and leased it to our client’s debtor. Within a year, the center ceased operations and the property reverted to the landlord. It was soon re-leased to another medical facility.
Because state Medicare proceeds and other patient receivables are earmarked for secured creditors, and our client’s account was unsecured, they contacted the firm of Stevens and Ricci for help. Our collection attorney was familiar with the situation and began an investigation of the debtor’s current finances. He discovered that the debtor was in litigation to recover damages from a number of third parties. If he won, the judgment could possibly pay off all unsecured creditors in full.
It was critical to our collection effort to convince the other major creditors to hold off on their legal collection efforts against the debtor to give him time to win his battle in court and put his affairs in order. We drafted a forbearance agreement and convinced the other unsecured creditors to sign. Eighteen months later, we received a payment of $35,000 as a full settlement from the debtor’s lawsuit proceeds.
