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Debt Collection Creditors Rights

In order for our economy to function properly as it should, businesses must abide by a concept we call "honor in the marketplace". At The Childress Law, we believe that if a business is not prepared or able to abide by their contracts and agreements with other businesses, then they shouldn't be in business.

The Childress Law Office provides prompt and thorough business-to-business debt collection services across a wide geographic region of Northern New Mexico. For more information about these services offered by The Childress Law Office, see www.attorneys-texas-lawyers.com

Representing creditors is one of the main things we do at The Childress Law Office. Put our Experience to work for you and your business. Here, your claim will receive the prompt attention you and your business deserve. Although we can never make any guarantees, Our goal for our clients is to forward them 100% of the amounts they are owed.

At The Childress Law Office, we use all legal process available to help creditors with difficult accounts, including trials and litigation. Sidney Childress attempts to collect all legal fees, court costs and lawful interest from the debtor in addition to the debt.

A Common Mistake many Creditors make

Understandably, many business-people are extremely reluctant to refer a debt to counsel for collection. Often, the reason for this is they feel they will lose money, even if the debt is promptly paid in full, because they will have to pay an attorney for services necessary to collect the debt. Many creditors have the attitude that they will keep trying “just a little more” before referring the debt to an attorney. Often, “a little more” turns into many more months of waste, frustration, and in-house collection expense with no results to show for it.

Time is of the essence in collecting debts. The longer you or your business wait to refer a difficult account out for collection, the more likely it is the debt will never be paid. This is true for many reasons. People who won’t pay a legitimate bill usually have other bills. They tend to prioritize debts based on which are the biggest nuisance to them.

At The Childress Law Office, we understand the importance of your business’s bottom line. We make every effort to recover collection costs in addition to the debt.

Sidney Childress recommends businesses have a policy in place regarding the extent and length of in-house collection efforts. We feel a debtor should be warned in writing for the last time that the claim will be sent to an attorney when the account is 3 to 6 months past due. It is a mistake for a creditor to make repeated frustrated efforts to collect a difficult account over a prolonged period of time.

Our contracts for debt collection services are usually structured around a “contingent fee”, or a fee which is contingent upon the successful recovery of money from the debtor. This means a client pays no money to The Childress Law Office unless and until we obtain results.

At The Childress Law Office, we use all legal process available to help creditors with difficult accounts, including trials and litigation. Sidney Childress attempts to collect all legal fees, court costs and lawful interest from the debtor in addition to the debt.

Our clients include:

  • CPAs, accountants, engineering firms and other providers of professional services;

  • commercial debt collection companies who need litigation support

  • waste management and disposal companies

  • wholesalers, distributors and suppliers

  • importers and exporters

  • manufacturers

  • shippers and trucking companies

  • other providers of business products and business services

This website is a Lawyer Advertisement.
The transmission, reading or submission alone of information by, from or to this website, to Sidney Childress or to The Childress Law Office, does not create or constitute any lawyer client relationship. An attorney client relationship or contract for legal services is created only by express agreement on an individual basis with The Childress Law Office.