Utah Debt Collection Attorneys
If you’ve had less than optimal results from the collection agencies in Utah, consider using a corporate debt collection attorney instead. The commercial debt recovery team at the Stevens and Ricci firm can deliver a 72% success rate compared to the much lower 28% figure offered by a standard collection agency. In most cases, we can collect your debts faster, too; our average collection timeframe is 30 to 45 days. If your business is located near Layton, Utah or Murray, Utah, give us a call today to start the commercial debt collection process.
Salt Lake City, UT Collection Lawyers Succeed Where Others Fail
A business debt recovery attorney succeeds where a collection agent fails because their method misses critical opportunities. The collection agent will make a few phone calls, but will give up sooner or later when there is no positive response. A collection attorney with the Stevens and Ricci firm will take the extra steps to track down your debtor to negotiate payments. We have formed a national support network for our collection process that includes the best private investigators and debt collection attorneys in every state across the nation. If your debtor is trying to avoid paying their debts, there will be no place to hide from our team. Although our services are strictly on the pre-litigation side of the collection game, just the hint of legal action is usually enough to get the payment process started. After all, a call from an actual attorney always carries more weight than one from a mere collection agent. To make sure that we never miss a critical opportunity, the Stevens and Ricci firm has combined the best minds in the legal and collection worlds into one group. Don’t miss your opportunity to take advantage of the collection services offered by Stevens and Ricci in the Tooele, Utah or Layton, Utah areas.
Watch Out for Bad Checks in Utah
When accepting a check for payment in Utah, be very careful. If the check has a low number, especially below 125, it is probably written on a very new account. The vast majority of bad checks are written on accounts that are less than a year old. While there’s not much you can do about a bad check to recover your money unless the debtor is willing to pay, you can press criminal charges. In Utah, anything under $300 is considered a misdemeanor, and everything over is a felony. While you probably don’t want to take the time to go to court to press charges, the threat of doing so can often make the debtor compensate you for your loss. When anyone attempts to provide payment in order to retrieve a bounced check, never hand it over until you’ve received payment in full in the form of cash, money order, or certified check. Of course, if you use the services of the Stevens and Ricci offices in Tooele, UT or Layton, UT, you never have to worry about receiving a bad check as payment on a delinquent account. We’ll make sure that every payment is received in a secure manner before forwarding it to your receivables department.
Murray, Utah Debt Collection Attorneys vs. Collection Agencies
In addition to preventing additional costs by avoiding bad checks, using an experienced corporate debt collection attorney has numerous other benefits when compared to hiring a typical collection agency. You will not only find that our attorneys outperform a normal collection agency each and every time, but that we also have the knowledge and the authority to use recovery methods that simply aren’t available to a regular collection agent. While a mere collection agent is usually stopped by the voice mail system, a debt collection attorney can not only get in the door, but meet directly with the owners and their agents. In fact, we look forward to the day that your debtor hires their own legal counsel. Instead of stopping the collection process, this helps us move it forward.
Business Sales in Salt Lake City, Utah
Collection agencies don’t know to handle a business sale, acquisition, or merger. In fact, one of the fastest ways to get a collection agency to leave you alone is to tell them that you’ve sold your business. However, a business collection attorney has a very specific strategy reserved for this situation. Every transaction of this kind must have a buy/sell agreement that often includes a set-aside provision or a reserve allowance intended to pay unsecured creditors who hole a balance during the transfer of ownership. A collection agency would never be able to get their hands on this legal document, but our business collection attorneys can put pressure on the owners and their agents to turn a copy over for review.
Murray, Utah Case Study
In 2004, a Murray, UT materials supplier was having trouble collecting a $25,000 balance from a local soil stabilization company. They had paid for the materials, but were refusing to pay the sales tax based on two issues they were having with the supplier. There was a discrepancy in wording between the credit application and the invoices. The other issue was that there was a supposed defect in the materials themselves.
Although the Stevens and Ricci debt collection attorney tried their best, this debt went uncollected and was placed in a cold case file for later reference. Because the soil stabilization company had a strong defense, we felt it best to report it to the two major commercial credit bureaus and move on to other matters for the time being.
Just this past year, another employee from the soil stabilization company called our offices to find out why there was an entry from the Stevens and Ricci firm on their credit report. This employee did not know anything about the original matter, and they were told that the attorney would look into the matter and call them back.
After pulling the file, our debt collection attorney returned their call. After listening to a brief explanation, they requested proof from the materials company that the sales tax was paid. This was very different from 2004 when they wanted the $25,000 to serve as a discount for failing to fix the problem with the materials.
This matter was closed completely when the debtor settled the account for $20,000 in exchange for clearing the item from the stabilization company’s credit report. This old debt was settled because the collection attorney handled the matter in a professional manner.
Utah Debt Collection Attorneys
If you’ve had less than optimal results from the collection agencies in Utah, consider using a corporate debt collection attorney instead. The commercial debt recovery team at the Stevens and Ricci firm can deliver a 72% success rate compared to the much lower 28% figure offered by a standard collection agency. In most cases, we can collect your debts faster, too; our average collection timeframe is 30 to 45 days. If your business is located near Layton, Utah or Murray, Utah, give us a call today to start the commercial debt collection process.
Salt Lake City, UT Collection Lawyers Succeed Where Others Fail
A business debt recovery attorney succeeds where a collection agent fails because their method misses critical opportunities. The collection agent will make a few phone calls, but will give up sooner or later when there is no positive response. A collection attorney with the Stevens and Ricci firm will take the extra steps to track down your debtor to negotiate payments. We have formed a national support network for our collection process that includes the best private investigators and debt collection attorneys in every state across the nation. If your debtor is trying to avoid paying their debts, there will be no place to hide from our team. Although our services are strictly on the pre-litigation side of the collection game, just the hint of legal action is usually enough to get the payment process started. After all, a call from an actual attorney always carries more weight than one from a mere collection agent. To make sure that we never miss a critical opportunity, the Stevens and Ricci firm has combined the best minds in the legal and collection worlds into one group. Don’t miss your opportunity to take advantage of the collection services offered by Stevens and Ricci in the Tooele, Utah or Layton, Utah areas.
Watch Out for Bad Checks in Utah
When accepting a check for payment in Utah, be very careful. If the check has a low number, especially below 125, it is probably written on a very new account. The vast majority of bad checks are written on accounts that are less than a year old. While there’s not much you can do about a bad check to recover your money unless the debtor is willing to pay, you can press criminal charges. In Utah, anything under $300 is considered a misdemeanor, and everything over is a felony. While you probably don’t want to take the time to go to court to press charges, the threat of doing so can often make the debtor compensate you for your loss. When anyone attempts to provide payment in order to retrieve a bounced check, never hand it over until you’ve received payment in full in the form of cash, money order, or certified check. Of course, if you use the services of the Stevens and Ricci offices in Tooele, UT or Layton, UT, you never have to worry about receiving a bad check as payment on a delinquent account. We’ll make sure that every payment is received in a secure manner before forwarding it to your receivables department.
Murray, Utah Debt Collection Attorneys vs. Collection Agencies
In addition to preventing additional costs by avoiding bad checks, using an experienced corporate debt collection attorney has numerous other benefits when compared to hiring a typical collection agency. You will not only find that our attorneys outperform a normal collection agency each and every time, but that we also have the knowledge and the authority to use recovery methods that simply aren’t available to a regular collection agent. While a mere collection agent is usually stopped by the voice mail system, a debt collection attorney can not only get in the door, but meet directly with the owners and their agents. In fact, we look forward to the day that your debtor hires their own legal counsel. Instead of stopping the collection process, this helps us move it forward.
Business Sales in Salt Lake City, Utah
Collection agencies don’t know to handle a business sale, acquisition, or merger. In fact, one of the fastest ways to get a collection agency to leave you alone is to tell them that you’ve sold your business. However, a business collection attorney has a very specific strategy reserved for this situation. Every transaction of this kind must have a buy/sell agreement that often includes a set-aside provision or a reserve allowance intended to pay unsecured creditors who hole a balance during the transfer of ownership. A collection agency would never be able to get their hands on this legal document, but our business collection attorneys can put pressure on the owners and their agents to turn a copy over for review.
Murray, Utah Case Study
In 2004, a Murray, UT materials supplier was having trouble collecting a $25,000 balance from a local soil stabilization company. They had paid for the materials, but were refusing to pay the sales tax based on two issues they were having with the supplier. There was a discrepancy in wording between the credit application and the invoices. The other issue was that there was a supposed defect in the materials themselves.
Although the Stevens and Ricci debt collection attorney tried their best, this debt went uncollected and was placed in a cold case file for later reference. Because the soil stabilization company had a strong defense, we felt it best to report it to the two major commercial credit bureaus and move on to other matters for the time being.
Just this past year, another employee from the soil stabilization company called our offices to find out why there was an entry from the Stevens and Ricci firm on their credit report. This employee did not know anything about the original matter, and they were told that the attorney would look into the matter and call them back.
After pulling the file, our debt collection attorney returned their call. After listening to a brief explanation, they requested proof from the materials company that the sales tax was paid. This was very different from 2004 when they wanted the $25,000 to serve as a discount for failing to fix the problem with the materials.
This matter was closed completely when the debtor settled the account for $20,000 in exchange for clearing the item from the stabilization company’s credit report. This old debt was settled because the collection attorney handled the matter in a professional manner.
