Services: Debt Collection

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For more information, visit MICHIE.com, a search tool for the Maryland Rules of Civil Proc. and Maryland Annotated Code.

All businesses have accounts receivable and occasional disputes.
Don't  wait to resolve unpaid bills. It is a statistical fact that the age of an account  receivable determines the potential for collectibility. The older an account, the more  difficult it becomes to collect.

In your sales agreements, you should charge interest, costs and attorneys fees in the  event of failure to pay according to schedule. Require the person or company receiving  goods on credit sign a purchase agreement. Unless the contract  specifically states the buyer is liable for attorneys fees upon default, the judge cannot  direct that the buyer pay your legal fees if there is a default.

The Fair Debt Collection Practice Act, 15 USCA Section 1692 was originally enacted in 1977  to provide remedies for unfair practices initiated by debt collectors in the collection of  consumer- not commercial- debts. This applies to debt collectors trying to collect a debt for another  company against a consumer. This law does not apply to a company trying to collect the  debt itself.

Do not hesitate to contact this firm, when considering to file suit for an outstanding debt.

Reasons why you should hire attorney to collect your debt :

• An attorney allows you to maximize your business profit potential by avoiding the "soft costs" of allowing inexperienced employees to collect debts;
• Statistics show that debtors respond to collection lawyers and simply avoid collection agencies and business employees;
• Having an attorney as your "first response" is fast and effective and often avoids lawsuits;
• An attorney can quickly analyze and evaluate a collection case, which necessarily maximizes recovery;
• An attorney has legal relationships with other firms throughout the United States so that Debtors cannot avoid collection by merely changing their location;
• An attorney has the ability to draft and file a lawsuit immediately so that a debtor cannot hide assets from a judgment.

Be more profitable, let Eastern Shore Legal collect your debt.