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Selecting A Collection Agency

If you run a business, you are sure to have some customers who require a lot of follow-up before they pay you. Often you spend too much time and energy to collect money that is rightfully due to you. Giving this task to a collection agency will help you:

Concentrate on your core business rather than on non-core tasks like debt recovery.
Increase your debt collection and reduce bad debt.

You must consider the following factors while selecting a collection agency:
1. Experience
How many years of experience does the collection agency have?
Does it have experience in the debt collection services you require, such as commercial, medical or check collection?
Can it collect debt for your kind of account balance?
Can it give references?
2. Professional Collectors
Are professional collectors in the collection agency well trained to deal with your customers? Remember, they are going to represent you and tempers may run high in debt collection. One bad conversation can spoil your relations with the customer.

Legal Debt Collection Best Practices:
There are plenty of articles on the web that lay out in plain English what the Fair Debt Collections Practices Act says you can and cannot do. Just to give you some idea of the law’s requirements, here are some of the biggest:
– No telling any third party about the debt (except collection bureaus, collection agencies, or the debtor’s attorney).
– No calling on the telephone 9 pm – 8 am, or calling repeatedly in a way that is annoying.
– No postcards or envelopes that mention the debt.
– No threats to take actions you cannot or will not really take, such as seizing property, in the case of an unsecured debt.
– No misrepresenting yourself (e.g., “Hi! This is the Publisher’s Clearinghouse Sweepstakes. May I speak to John?”).
– No paying down the debt with payments the customer has directed be applied to other debts
Tips and Tricks for Legal Debt Collections:
With all these limits on what you can do to collect a debt, what can you do legally?
– Speak with the debtor personally on the telephone

Also it is important to know that there is a law in place intended to protect the people that collection agencies contact. The FDCPA (Fair Debt Collection Practices Act) was enacted to keep debt collectors from abusing, harassing, or deceiving a person when attempting to collect a debt. It also gives debt collectors strict guidelines to follow when collecting a debt.

How to Find An Experienced Attorney For Your Needs

legal-proceedings-Clayton-lawyersThese days it seems you have to hire a specialist for everything you do and the legal system is no exception. Going to court without a lawyer is not advisable, no matter what brings you there to begin with. Learn the best ways to find your perfect lawyer with the tips in the following article.

Before you agree to use a lawyer, make sure you ask for his or her history. Just because a lawyer can practice doesn’t mean he is good. Be familiar with his or her record before hiring. Don’t play “Pin the Tail on the Lawyer” with the aid of the Yellow pages. It’s very important that you do some research on the matter first. Even other professionals may not know what they are doing in this situation; they could inadvertently lead you to someone who isn’t licensed or doesn’t know what they are doing.

Be careful. You have a right to expect clear, consistent communication with your lawyer. He or she should be able to give you a general summary of what you can expect in terms of your case, as well as what potential issues might arise and what could be done to remedy these issues.

A good tip if you’re looking to hire a lawyer is to try to find the right lawyer for the task you need. If you’re simply wanting to draw up a contract, hiring a big shot, corporate lawyer is probably overkill and is just going to cost you a lot more. Or it might be easier if you find a law firm that caters a wide range of cases. If you are looking for a reputable law firm in North Carolina, you may want to check out Mast Law Firm. They have been in the industry for decades and have top-notch attorney Clayton NC services and more.

Another good tip is to do everything you can to educate yourself about your case and the legal process. By having more knowledge about your case, you’ll be able to ask your lawyer all the right questions. There are some cases where you can represent yourself without an attorney, but most of the time you should get one. There are many things that a layman does not understand about the law, which is why you should hire a lawyer. You don’t want to lose your case due to a lack of common legal knowledge when you could have hired someone.

Take the tips laid out here and use them to help you deal with lawyers. You need one that is smart and gets along with you. You need someone with experience. Think about the tips in this article when you go out looking for a lawyer and you’ll be successful.