2312 KATY FORT BEND RD,
KATY, TX 77493
713-666-1981
A great many business owners own their business as a sole proprietorship. After all, it is the default form of business ownership if a person does not take any further steps to create a business entity other than setting up shop. But this is a dangerous practice with many pitfalls… Continued
As a business owner, you need to have the money that is owed to you paid on time. The overall success of your business and your bottom line likely depend on being paid in a timely fashion. But what are the rules for collecting that money from your clients and… Continued
If you own a Houston business, you likely have other businesses that owe you money ranging from clients to suppliers. So how does your business make arrangements to collect that money? Whether you are a fledgling entrepreneur or have been in business for yourself for a number of years, many… Continued
If your business extends credit to its customers or allows the purchase of goods and services on account, you should be aware of your customers’ rights under the federal Fair Debt Collection Practices Act (FDCPA). The FDCPA requires that debt collectors treat debtors fairly, and prohibits certain methods of debt… Continued
If you are a small business and you owe a debt, it may be helpful to think proactively and consider beginning negotiations with your creditors. This is often a good way to reduce your debt and get some relief from troublesome calls from creditors. However, if you decide to bargain… Continued
Who is a Secured Creditor? Secured creditors have an interest in some sort of asset. These assets could include a car, boat, land, and other property. If you don’t pay the debt of a secured creditor, this creditor can seize the property. Secured Debt: How to Collect One of the… Continued
There are many ways that a creditor may seek to collect an outstanding debt. For example, the creditor may attempt to collect the debt through direct communications with the debtor, by filing a lawsuit against the debtor, by seeking to take possession of or to sell property securing the debt,… Continued
As a business owner, collecting debt from a customer can be challenging. And while it may be tempting to engage in self-help remedies or other tactics to recover debt, keep in mind that some methods are strictly prohibited. Here are a few examples of debt collection practices that are prohibited:… Continued
If your business has been in the red for a while, and you cannot pay off your business debts, your creditors may start looking for money. They can do this by threatening legal action against you or your business. For these reasons and more, it is critical to consult with… Continued
Business owners have a difficult choice to make when a customer does not pay their bill. The matter is further complicated if that customer files bankruptcy. At that point, you have to decide if it is worth your time to go after them for the debt. In some cases, collecting… Continued
2312 KATY FORT BEND RD,
KATY, TX 77493
713-666-1981
