Reclaiming Your Time Getting paid is an essential aspect of your business. If you have more than one client with an unpaid balance due, then you have one too many. Following these strategies can change how your firm does business to ensure you are getting paid... Continue Reading.
Steps to Success Most medical doctors want to focus their energy on medicine’s actual practice and the quality of care their patients are receiving. Still, a critical component of a successful medical practice is billing and collections. Efficient medical... Continue Reading.
By Amanda Vann, (301) 563-6685 When you’re seeking debt collection services, it’s important to conduct your search as carefully as you would for any other profession or service. Consider these advantages that a collections attorney with a licensed... Continue Reading.
When lending money to close family or friends, I strongly encourage clients to document the loan amount and the repayment terms and conditions and have it signed by both parties. While it may seem formal, it is, and that formality can protect you legally. There... Continue Reading.
If you own a business, then chances are you have had the unfortunate experience of having unpaid account balances. You have most likely tried to take reasonable steps to collect the outstanding balances, but with no luck. It’s time to consider retaining a... Continue Reading.
Before pursuing a debtor, it is essential to weigh out the likelihood you will be able to collect upon the debt. The majority of people who get into financial trouble are not able to pay their debts. Before pursuing legal action in court, it is beneficial to conduct a... Continue Reading.
Lending money to a friend or family member for a personal loan can lead to a headache if you do not take the proper precautions and steps to ensure that the loan is repaid. All financial institutions require borrowers to complete a loan application. As... Continue Reading.
Accounts receivable is one of the most critical components of any successful business. Proper management and collections of accounts receivable are necessary for success and business growth. Adequate oversight of accounts receivable will recognize cash flow... Continue Reading.
Want to Decrease Your Patient Delinquent Accounts? Follow These Tips. Assess your financial responsibility contract and ensure that the contract terms contain provisions to protect and deter patients from incurring medical debt. #1 – Institute Lates Fees and... Continue Reading.
By using her experience and knowledge as a collections lawyer, Attorney Mary Ellen Flynn successfully litigated in Federal Court on behalf of someone whose bank account was garnished to pay for her husband’s debt. By arguing a combination of marital property,... Continue Reading.