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ABOUT
NJ COLLECTION PROCEDURES |
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Here
are a few of the more commonly asked questions
regarding the collection process and procedures:
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Is
there a time limit on how long I can take to
pursue an outstanding debt? |
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While
there are certain time limitations for filing claims,
generally speaking the sooner you file suit, the
better chance you stand to recover. |
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How
much do your services cost? |
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Generally,
collection matters will be handled on a contingent
fee basis, meaning the attorneys compensation is
contingent upon whether he collects any money. Clients
also have the right to retain our office on an
hourly basis or make alternate arrangements to
retain our firm.
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Once
I submit an online claim form via fax or the web,
are you now my attorney? |
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No.
The use of the Internet for communications with
the firm will not establish an attorney client
relationship nor will it serve to retain our firm.
Messages containing confidential
or time sensitive information should not be sent.
Once you contact us and we are engaged in writing
on terms suitable to both of us will I become your
attorney. |
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Besides
submitting your Claim Form, what other
information and documents do you need to
evaluate my claim/case? |
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We
generally ask that you send the following
information along with your Claim Form: |
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Statement
of account invoices,
payments and credits
applied. Copies of
each invoice which
is reflected on your
statement of
account. |
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Copy
of any check that
you receive from the
debtor (your bank
keeps copies of all
checks that you
deposit). |
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A
signed credit
application (if
available). A copy
of any written
contract (if
available). A signed
personal guaranty
(if available). |
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Any
correspondence
between you and your
customer about the
debt. |
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An
invoice or delivery
slip containing your
business terms. |
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