accountant using a calculator

Strategies for Accountants to Manage and Recover Outstanding Debts

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Ensuring a healthy cash flow is paramount for any accounting practice. Managing and recovering outstanding debts efficiently can significantly impact your firm’s financial stability. This article delves into comprehensive strategies to help accountants effectively manage and recover outstanding debts. Outstanding debts can cripple a business, and for accountants, managing these debts is critical to maintaining […]

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lawyers meeting in conference room

The Impact of Efficient Debt Collection on Law Firms’ Financial Health

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Effective debt collection is a crucial aspect of financial management for any business, and law firms are no exception. Steady cash flow is essential for lawyers to cover operational costs, invest in growth opportunities, and ensure long-term financial stability. Inefficient debt collection practices can significantly impact a law firm’s financial health, leading to cash flow […]

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judge with gavel signing a document

The Role of Judgment Enforcement in Preserving Creditor’s Rights in Commercial Debt Collection

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Judgment enforcement becomes crucial in commercial transactions, where substantial sums and complex dealings define business relationships. For creditors in commercial sectors, judgment enforcement is not merely a legal step but a vital practice that ensures financial agreements are honored and debts are paid. This article explores how firms like Rosenthal & Goldhaber play an essential […]

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Alternative Dispute Resolution (ADR) in Commercial Debt Collection: A Path to Amicable Settlement

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Maintaining healthy relationships between creditors and debtors is paramount in modern business operations. The traditional litigation route in commercial debt collection often leaves these relationships frayed. Enter Alternative Dispute Resolution (ADR), a beacon of hope for preserving business relations while effectively recovering debts. This article explores the advantages of ADR in commercial debt collection, underscoring […]

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small business shop owners in front of their store

Debt Collection for Small Businesses: “Tailored Solutions for Success.”

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Small business owners often face significant challenges in managing unpaid debts. Ensuring financial stability while dealing with delinquent accounts requires a strategic approach. Rosenthal & Goldhaber offers specialized solutions in commercial debt collection and judgment enforcement to protect creditor rights. Implementing debt recovery strategies can contribute to small businesses’ financial success. Customized Debt Recovery Strategies […]

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debt collection document

Navigating the Complexities of Commercial Debt Collection

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Commercial debt collection plays a crucial role in the ever-evolving world of business finance. This is where the intricacies of law intertwine with the art of strategic negotiation, and grasping its subtleties is vital for businesses and legal experts. The Operational Framework of Commercial Debt Collection Commercial debt collection is an intricate process that starts […]

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the Fair Debt Collection Practices Act (FDCPA)

Debt Collection Compliance: Navigating the Regulatory Landscape in Your Industry

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Maintaining a healthy balance sheet is crucial in today’s business environment. However, despite your best efforts, debts may remain unpaid. This is where a commercial debt collection attorney’s expertise becomes indispensable. Rosenthal & Goldhaber specializes in navigating the complex web of debt collection compliance, ensuring businesses recover what they are rightfully owed while adhering to […]

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Speed up the payment cycle

Speeding Up the Payment Cycle

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I don’t know of a business that is happy to wait for payment after completion of a job. The following are meant to be suggestions on how to get paid for your work sooner, rather than later. It isn’t rude to insist that a customer live up to expectations for payment. After all, they expected […]

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Debt Collection

Know Your Customer’s Pressure Points

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We recently concluded payment of a commercial claim for over 100% of the principal balance. It doesn’t happen very often in debt collection, so excuse me if we brag a little. While conducting the client intake interview for the new commercial claim, the principal of the client told us that his customer was about to […]

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