An Introduction to Contract Litigation and Collecting Debts

July 13, 2009 - PRLog -- In a time when goods and service providers need all earned income as quickly as possible – it may be worthwhile to look into managing accounts receivable though contract litigation. However, knowledge is the most important tool in deciding the proper course of action for your business. This is the first in a weeklong series of posts form the Pak & Moring law firm aimed at educating and empowering Arizona businesses about the debt collection options available to them.

Contract Litigation - Collecting Debts

Many businesses in today’s market are finding themselves endlessly waiting for payment from their clients. This all-too-common scenario results when customers refuse to pay for work that has already been completed. For service providers who find themselves tangled up in collecting debts, there is legal help. If a client has an obligation to pay you and has not done so despite your best attempt to remedy that situation, the firm of Pak & Moring (http://www.pakmoring.com/contact) can help. Our experienced attorneys have a focus on business law and can help guide a company in the collection of debt and assist in managing accounts receivable.

Elements of Debt Collection

A business with both suppliers and clients faces a unique stet of problems as it manages its balance sheets and balances both the accounts payable and receivable. However, with the recessionary condition of the market, it is becoming more and more common that such a business would be having trouble getting paid from its clients. Employing legal counsel would help explore all of the various avenues of debt collection and aid you in determine the right course of action for our company. Please contact Pak & Moring (info@pakmoring.com) to discuss your situation, and see if we can help you recover the money owed to you.

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Scottsdale based law firm, Pak & Moring PLC, provides the Phoenix area with exceptional and aggressive representation with the attention you deserve. Our firm handles legal issues involving personal injury, business law and contracts, and real estate.