When unpaid debts accumulate, they can hold up your business and potentially prevent you from paying staff or creditors, damaging your reputation in the process. Before it gets to this stage, we recommend seeking legal support from a debt recovery lawyer. At 360 Business Law America, we offer a dedicated debt recovery service that is efficient, cost-effective and designed to achieve the results you need.
Our commercial debt recovery lawyers bring considerable experience in this often challenging area of law. Every day, they work hard to recover outstanding debts quickly and without the need for formal legal action. Where litigation is unavoidable, you will have the support of our heavyweight dispute resolution team who pride themselves on their ability to secure favorable outcomes for clients across a broad range of sectors.
A Demand Letter is a formal letter that requests the payment of a debt to your business and warns of the imminent filing of a lawsuit. It states exactly how much is owed, the date the payment should have been made, whether any interest is payable and the threat of starting legal proceedings if the debt is not paid by the deadline given. We know how delicate debt recovery can be, but find that most debtors act quickly upon receipt of a Demand Letter. If you are spending more time chasing payment via email and phone than you can afford, you can call upon our dedicated team to draft a letter designed to recover the debt quickly and with minimal fuss.
For further information or to discuss a matter please telephone +1 202 263 3651 or click here to email us.
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