Bender Commercial Collection Law
New Jersey Business Collections Attorney
Corporations and limited liability companies are business structures that shield their owners from personal liability. Because the entity is considered its own person, the owner usually isn’t responsible for its debts, which can make collecting receivables harder.
After you obtain a judgment, finding assets to satisfy it can take some digging. Besides your own investigations, you can use a legal process called post-judgment discovery to obtain financial information about the defendant. This article will discuss how the process can help you collect.
When it comes to collecting past-due invoices, unlike fine wine, unpaid invoices age like milk. The longer they sit, the more likely they are to spoil. Early detection and action are therefore the key to getting paid. This article will discuss the need to move quickly when collecting past-due invoices.
Prompt, clear, and accurate billing is essential to your cash flow and increasing your bottom line. It’s also easy to implement. This article will discuss how these simple billing practices make collecting receivables easier and should be part of your regular credit procedures.
Your credit terms will make collecting receivables easier by setting a clear time for payment, motivating the customer to pay and giving you home field advantage in any collection action.