We are Debt Collection Attorneys in Florida. We spend a lot of time with our commercial clients making sure that the message they send to their clients is effective. All too often, debts stretch out and become uncollectible due to a lack of clear direction on the part of the creditor.
We read a great article on creating collection letters that work. The original article can be found here.
http://www.coveringcredit.com/business_credit_articles/Collection_Tips/art2001.shtml
To put a fine point to it, the recommendations they make are very relevant, and as follows:
Your debt collection letter should:
- be clear and concise
- not be repetitive
- avoid jargon
- be sent to an individual, a real person, not a position (like A/P Manager)
- clearly state the action the debtor needs to take
- contain clear deadlines
- not be overly formal
- attempt to appeal to the debtor’s needs (ie. uninterrupted supply of product)
- be brief and professional
- We found this excellent advise, and hope that in using it, you can increase your in-house collections.
When in-house efforts don’t generate results, turn to the debt collection attorneys in Florida, Marcadis Singer, PA. Statistically, the longer a debt is delinquent, the less likely it is to be collected. Call Marcadis Singer, PA as soon as it appears your debtor will not pay.
