Business Billing And Collections
Full Video Transcript
Collecting on invoices and other billing matters are vitally important parts of ensuring appropriate cash flow for most businesses. The reality is some customers simply won't pay when they receive your billing invoices, and often require a collection process. A qualified lawyer can help your company collect a higher percentage of invoices from slow-paying and non-paying customers. Keep in mind the fair debt collection practices act as federal law that regulates the tactics businesses can use in collecting debts. Many states have similar laws. If you violate these laws, you can end up owing damages to the customer who won't pay you. For more information about a billing and collection matters, contact an attorney in your area today.