Preparing for Hiring a Collections Attorney.
In this video, Attorney Philip Hundl talks about tips for hiring a business collections attorney. Mr. Hundl is a Shareholder of the law firm of Wadler, Perches Hundl & Kerlick, which serves clients in South Texas from offices in Wharton County and in Fort Bend County. Call us at 800-929-1725 or use our contact form for an appointment with Mr. Hundl or one of our other experienced business collections attorneys.
Wadler, Perches, Hundl and Kerlick is a full service law firm providing business clients with a range of legal services in areas such as collections, contract disputes and negotiations, and business litigation.
Here’s a summary of Mr. Hundl’s video:
Hi, I’m Philip Hundl. I’m an attorney here at Wadler, Perches, Hundl, & Kerlick. We have offices in Wharton, El Campo and Richmond, Texas. Today I’d like to talk to you about collections.
If you’re a business owner and you find yourself with delinquent accounts that you just seem to not be able to collect on, and you’re thinking about contacting an attorney, these are some things that you may want to think about before you contact an attorney.
The first thing is gathering up the information that the attorney will need, and will most likely ask you for. The first thing is, get any agreements that you may have had or have with that delinquent account or your client or the debtor, and any invoices or tickets that you’ve sent that client of yours, that’s not paying the bill now. Also, any payments that they may have made. A spreadsheet showing all the different invoices in the account, account receivable balance that’s still outstanding.
Gather up all those documents, as well as any letters or demand letters that you’ve sent out to that debtor asking them for payment, or any email correspondence. Gather up all that information. That is always helpful for an attorney evaluating your collection case. Also, some things to remember. Timing is important. You don’t want to wait too long to take action on any delinquent accounts. There are applicable statute of limitations that apply, and that is something that the attorney will ask also about is, “Well, when did you begin doing work or providing services or products or goods to that debtor to, begin? And when was the debt due?” That’s when the statute of limitations may begin.
Then also, if there are any applicable liens that you could record or liens that you could place on any specialized, fabricated products that you may have fabricated for the client. Or if you did some oil and gas fieldwork, there may be some applicable liens that you can place on the oil and gas lease.
So if you find yourself in a situation where you’re attempting to collect on a debt, and you’d like to find out more information from an attorney, feel free to contact myself or my law firm at (800) 929-1725 and we’d be happy to answer any questions you may have.
If you have questions about Mr. Hundl’s video, please call our office at 800-929-1725 for an appointment or use the contact form to send us an email.