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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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accounts receivable collections

Strategies for Effective Debt Prevention and Collection in the Manufacturing Sector

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Managing cash flow remains critical to sustaining a thriving manufacturing business in today’s competitive marketplace. However, the specter of unpaid commercial debts often looms large, impacting the financial stability of manufacturers and suppliers alike. To navigate these challenges, businesses must adopt measures to safeguard against debt accumulation and ensure timely accounts receivable collection. Understanding the Landscape […]

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alternative dispute resolution - mediation

Exploring Alternative Dispute Resolution (ADR) Methods in Commercial Debt Collection

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When it comes to commercial debt collections, navigating the complexities of creditor’s rights and judgment enforcement can be challenging. Unpaid debts can significantly impact a business’s financial health, making resolving these matters crucial. In such cases, Alternative Dispute Resolution (ADR) methods emerge as invaluable tools, offering viable alternatives to traditional litigation for resolving commercial disputes. […]

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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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Business Owners

Ten Terms Every Business Owner Should Know

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1. acceleration clause – A provision normally included in loan document that gives the lender the right to demand the entire loan amount (principal plus interest) to be paid at once, in case the borrower fails to make payments (defaults) or gets into serious financial difficulties. 2. accounting method – A set of rules to determine when and how […]

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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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Rosenthal Goldhaber