Legal Strategies & Best Practices

Business arrangements are often mutually beneficial, one party exchanging a service or good in exchange for payment from the other. But what happens when this arrangement goes awry? What happens when the other party refuses to pay? Unfortunately, such issues are all...

You provided a service, delivered a product, or secured a court judgment confirming your right to payment. Now, you face the challenge of uncollected debt. Waiting for the money you are owed can feel like a drag, and understanding the collection process can put your...

Business owners know that to succeed they need to get paid for their products or services. Most clients are honorable and pay their bills, but what can a business owner do when a client ignores an invoice? The first step is to avoid this situation with invoice...

When someone owes you money, the last thing you want is a drawn-out argument over what was said, what was promised or when payment was supposed to happen. And yet, that is exactly where things go when you don’t have the agreement in writing.  A written contract...

As a business owner, dealing with unpaid invoices is probably one of your least favorite tasks. Yet, managing accounts receivable effectively can mean the difference between healthy cash flow and serious financial strain. Two common approaches to handling outstanding...

A steady cash flow is crucial for any business. So, when clients or other business partners fail to pay you on time, it can significantly disrupt your operations. You may be determined to retrieve the money stakeholders owe you through debt collection. However, you...

Most people make every reasonable attempt they can to fulfill their financial obligations. Someone who takes a loan from a business or has payment arrangements for unexpected expenses may work diligently to keep their financial accounts in good standing....

Getting the money you’re due can be challenging, especially when debtors ignore the invoices you send. Once you realize that ordinary approaches aren’t going to produce the results you want, you may decide to move forward with more pointed collection attempts. One of...

Debt collectors have a challenging job because they depend on collecting money from people who might be actively avoiding their debts. The complexity of this job requires them to employ various methods to be able to collect effectively. Understanding a few different...

Social media has proven to be a very valuable tool for businesses. It has never been easier to create a strong brand and to quickly connect with a specific demographic of customers. Targeted advertising on social media and the freedom of expression on social media...