Britton Law, P.A.
Free Consultation For Injury Cases
910-401-3356

Business Collections Archives

How companies can get what they are owed

In most cases, business owners in North Carolina don't have to worry about customers not paying their bills. According to the Credit Research Foundation, delinquencies are rarely longer than seven days. However, if a customer is delinquent on a payment, it may take tact to resolve the issue. Treading too lightly may result in a customer who doesn't pay. Of course, being too mean to a customer may result in a lost relationship.

Collecting judgment debts in North Carolina

When North Carolina businesses are awarded money judgments, they then have to figure out how to collect on them. It is common for businesses to encounter difficulties with collecting judgment debts owed to them by debtors, and you must make certain that you follow the laws regarding debt collection tactics.

Valid debt deserves collection, but it needs to be done legally

There are a lot of critical elements that contribute to the success of any business. Money is one of them. Some might well argue that it's most important element. If you're not making money, you aren't going to be staying in business very long.

What's factoring and should I use it for business financing?

"I'll gladly pay you Tuesday for a hamburger today." Fans of older cartoons will recognize that as the line used by Popeye's friend, Wimpy, to get a free meal. Apparently Wimpy, for all his apparent education, had a bit of a chronic cash flow problem.

Learning from the past can help avoid future collection issues

The term robo-signing got coined just five or six years ago. It is not a phrase that has positive connotations about the value of leveraging advanced technology. No, robo-signing is that practice by lenders that has come to be associated with abuses that contributed to the recent mortgage crisis and the Great Recession.

Money lent may amount to money spent without a promissory note

There was a time when a handshake was as good as a contract. In some cases, the deal might have involved the borrowing of a small amount of seed money to get a small business off the ground. In others, it might have been a local storeowner extending a line of credit to friends and neighbors.

Part II: Wave of Contract Disputes in the Cotton Market

As we discussed last week, the cotton market has become increasingly volatile over the past two years. Cotton farmers and mills have failed to honor the terms of their contracts when cotton prices changed in their favor. Consequently, the number of arbitration cases has risen sharply in recent years.

Send Us An Email. We’ll Listen.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Britton Law, P.A.
2850 Village Drive, Suite 206
Fayetteville, NC 28304

Toll Free: 888-811-9738
Phone: 910-401-3356
Fayetteville Law Office Map

Britton Law, P.A. Office

Call Our Law Firm:

910-401-3356 ~or~ 888-811-9738
Business Collections Archives | Blog