If you are the owner of a small business, the realization that you are investing more time and energy in the collection of outstanding debts than operating your company can be a disturbing discovery. Although many business owners decide this misallocation of time justifies retaining outside assistance to improve loss recovery, the first instinct often is to contact a collection company rather than a commercial collection lawyer. This blog highlights some advantages of retaining an attorney.

To speak with a business attorney directly about this and other business issues, contact The Weisblatt Law Firm to schedule a consultation. Call (713) 666-1981 today.

Ability to Handle Larger Delinquent Accounts

While a collection agency might be fine when you are pursuing a relatively small amount, attorneys who specialize in debt collection offer distinct advantages if the amount in controversy justifies legal action. A collection company can send letters and engage in pre-litigation activity. However, the matter will have to be turned over to a business attorney if these preliminary steps do not generate results. The decision to retain a lawyer from the outset of the dispute can promote efficiency and effectiveness.

Inappropriate & Counter-Productive Aggressive Tactics

While our business attorneys work diligently to maximize recovery for our clients for the least cost, we also understand the importance of gauging the risk of adversarial tactics that might be ill-advised. Our law firm often has success in obtaining payment without the destruction of valuable and salvageable business relationships. Our goal is not merely obtaining a recovery from non-paying companies. Rather, a fundamental objective of our approach is to facilitate the continuity of an ongoing and healthy business association.

The Weisblatt Law Firm is committed to integrity and professionalism and leaves no stone unturned when seeking solutions for clients.

Avoiding Excessive Collection Expenses

Ironically, many businesses initially use a collection company to pursue recovery of late-paying or non-paying accounts as a cost-saving measure. The expense associated with collecting a business debt will depend on the complexity and scale of the collection effort. In many circumstances, the decision to retain an attorney to handle pre-litigation correspondence and other appropriate communications prior to initiating business litigation, if necessary, is both prudent and cost-effective. If you first pay a collection agency but must ultimately turn the case over to a collection attorney, this can be much more expensive than hiring an attorney at the commencement of the collection process.

Legal Guidance and Counsel

Having an attorney handle your collections will benefit you through the on-point legal guidance and counsel you will receive from them. Throughout the collections process, various legal and financial issues typically arise. Debt collection attorneys are in a great position to protect their clients from undesirable ramifications with legal foresight gained through experience.

Debt collection attorneys can also advise their business clients of the consequences of any actions they are contemplating. This advice can save businesses legal and financial headaches by keeping them within the boundaries of the law when pursuing debt.

Additionally, business debt attorneys have the experience and training to craft creative solutions for collecting debt. They may also stay in communication with their clients and advise them on what steps to take next. Collection agencies, on the other hand, are one-trick ponies that only pursue debt and are not authorized to provide counsel or representation to those seeking to collect commercial debt.

Andrew Weisblatt of the Weisblatt Law Firm in Houston has been advising all types of businesses from large corporations to one-owner operations for many years. He understands the unique approach needed for each type of B2B debtor that you have, to ensure the most successful collection results possible.

Do you have commercial debt that needs to be collected? If so, a commercial collections lawyer may be your best option. To learn more about how The Weisblatt Law Firm can help, contact our office at your earliest convenience. We offer free phone consultations — give us a call at (713) 666-1981 today.

Houston Business Contracts Attorney

Attorney Andrew Weisblatt

Mr. Weisblatt has practiced continuously since becoming licensed in 1992 and has represented businesses ranging in size from one person start-up ventures to multi-national corporations employing hundreds of people in multiple countries. From 2005 through 2009 Mr. Weisblatt was in-house counsel and chief operating officer of a multi-national corporation in the steel products industry. That in-house position provided valuable insight into how businesses work and what they actually need from their lawyers – both in-house and outside counsel. Attorney Bio