How to Respond to Debtors Who Don’t Pay

If individuals or organisations owe your business money, certain steps must be taken to get what is owed to you. While most individuals understand their responsibility to pay back what they owe, some do not. There will always a few who will not honour their debt, and it is for these people that debt recovery services may be needed.

Debt Collection Company vs. Debt Recovery Lawyer

For some businesses, a debt collection company is the preferred method of getting their money. However, you could also benefit from using a debt recovery lawyer who can provide a wider range of debt recovery services and options

If you have clients that are in arrears and are refusing to pay, then it may be time to engage a lawyer. Debt repayment and collection is a process of escalation. Your lawyer understands this and will act accordingly, instructing you to take things one step at a time.

Send a First Reminder

The first step is to send a courteous reminder. This can be done with a phone call or email. People in debt sometimes get so busy that they forget the terms of the arrangement. A calm, non-threatening and well-worded email or letter may be all that’s necessary to get them to pay.

Send a Formal Reminder

If the first reminder doesn’t work, then you may need to issue a more formal overdue payment reminder. If the situation persists, your lawyer can send a final notice. This should be accompanied by an explanation that stipulates precisely the consequences of not paying, and why the debtor should care about those consequences.

Undertake Litigation

Continued non-payment may require your lawyer to undertake litigation. If the debtor is a company that’s unable to meet its financial obligations to any of its creditors, you may be one among many entitled to a share of the assets when divided up at the time of liquidation. If the debtor is a person, the court may order a mediation session. This can lead to the person being forced to agree to a repayment schedule that will be administered and enforced by the courts.

A debt collection lawyer can provide useful debt recovery services to get an outcome that’s favourable to you. However, you will need to do your part. It’s vital that you keep all documents related to the debtor’s account, including the original contract that proves there is a legally binding agreement between you. It’s also important to save and gather together all the correspondence you’ve exchanged with the debtor in question to demonstrate that you’ve made every reasonable and civil attempt to recover a debt.

You can’t run a business if people don’t pay what they owe you. It’s therefore important to enforce lending contracts, and hiring a lawyer with the knowledge, skill, ability, expertise and experience in such matters can help you do so without a lot of administrative hassle. Make sure you hire someone with deep insight into law who can offer you a range of debt …

Weird Facts About Nail Bonds You Never Knew

 

Not many people take the time to learn about bail bonds until the time comes when they are actually needed. In that spirit, here are some weird and little-known facts about bail bonds that you never knew existed!

1. Bail bonds are not legal everywhere in the United States. That’s right! Depending on where you live you may have to supply your own money when it comes to getting out of jail. This may be surprising to those who have had to utilize the service before in other states and find themselves unable to where they currently live. The states where bail bonds are actually illegal are Nebraska, Maine, Oregon, Wisconsin, Illinois, and Kentucky.

2. Money for Dauphin County bail bonds is not always needed in every situation. It is very much dependent on the severity of the crime. For instance, for some misdemeanors, the judge may very well decide to let the defendant go with a promise of appearing before the court. This is known as being released on your own recognizance.

3. Bail doesn’t necessarily end when the person shows up for court. Depending on what the judge decides, there could be additional rules and criteria which must be followed. If the person fails to complete his end of the bargain, then any personal property or money that was put up for collateral may be subject to forfeit. It is a good idea to keep this in mind when posting bail for someone.

4. Bail bondsmen have powers that exceed even those of the police. The bail bondsman has the right to pursue someone across state lines if they decide to flee instead of going to court. They also have the right to break into someone’s home without the burden of a warrant.…

4 Tips for a Smoother Divorce

You’ve separated from your spouse. You’re ready to sign the papers. But how can you ensure that your divorce doesn’t turn into the argumentative, hair-pulling event that the media always makes it out to be? Here are just a few tips for reducing stress during your divorce.

1. Seek Professional Help

Your very first step should be looking for divorce lawyers Vancouver WA. Not only will they be able to answer all of your questions about the process, but they can also help you to get the best results when it comes to things like asset division and child custody. You don’t want to navigate these issues on your own.

2. Keep Your Temper

You might be tempted to fight with your spouse as your marriage comes to an end. After all, what does it matter anymore? But keep in mind that arguing and blaming each other for your split won’t actually make a difference in the reality of your situation. You’re getting divorced. Even if your partner throws up their hands and admits fault, it’s not going to change anything.

3. Plan Everything in Advance

Instead of approaching your divorce in a careless or disorganized way, try to keep everything on a schedule. For example, if you have filing deadlines for the paperwork, make sure to discuss them with your spouse. You can really reduce the pain and stress of a divorce by dealing with it in a straightforward way.

4. Stay Positive

This is easier said than done, of course, but try not to wallow in your current state of affairs. It won’t actually help you to move on. Look at your divorce as an opportunity for a new you, and don’t let your inner demons drag you down.
These are just a few ways to make your divorce as painless as possible. While it might not be a happy event, it doesn’t have to be a sad or angry one. Just look to the future, keep a positive attitude and use these tips to get started with the next chapter of your life.…