Collecting payment for goods or services is an essential part of your business’s survival. When another party fails to pay according to the terms of the agreement, it can impose considerable hardship on your business. The time and energy it takes to collect a debt only diverts your attention from daily business operations. Your best bet may be to hire a lawyer.
At Williams, Stitely & Brink P.C. in Lexington, we take the debt collection burden off your shoulders so you can focus on your responsibilities as a business owner. We utilize every legal means at our disposal in our efforts to protect your creditor’s rights and recover full payment of the debts that are owed to you. If there is a dispute over the validity of a debt you are attempting to collect, we are prepared to provide the representation you need.
A growing portion of our debt collection practice is helping clients design and implement strategies that provide strong upfront protection against defaulted payments. In many cases, there is language you can add to your contracts that outlines clear requirements and allows you to take decisive action in the event of non-payment.
We work closely with you to learn about your business, industry, vendor relationships and contracts so that we can advise you on the steps you can take to ensure that you are paid in a timely manner. We will help you develop customizable terms that can be included in your contracts so that you have the protection you need in every situation.