Legal Question in Credit and Debt Law in California
Cash settlement offer for bad debts
I work for a Chiropractor who has several bad debts that I can not collect. I would like to know if we can offer a 25% reduction of the debt if the client pays in full within 30 days or is this only allowed by collection agencies.
3 Answers from Attorneys
Re: Cash settlement offer for bad debts
You can offer the reduction. Make sure that the deadline of the offer is clear. If you do not get paid, we can help you collect these debts.
Please contact my office at 714 363 0220 to set up an appointment. I would like to review your written documentation including any letters, notices, and lawsuits. We handle cases throughout California. We can review your documentation by fax and speak with you by phone.
Re: Cash settlement offer for bad debts
Yes you can.
JOEL SELIK
Attorney at Law
800-894-2889
760-479-1515
702-243-1930
Licensed to Practice Law in California and Nevada Only
Representing Taxpayers in all 50 States and Internationally
LEGAL MATTERS: Personal Injury, Contracts, Tax Matters, Business,
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We, therefore will take no action on your behalf unless a written retainer agreement is signed. There are strict deadlines, called statutes of limitation, within which claims or lawsuits must be filed. Therefore, if you do not retain SELIKLAW, you should immediately seek the services of another attorney or other advisor.
Re: Cash settlement offer for bad debts
It's your right to collect the money, if you want to take less, that's up to you.
I successfully collect money for many types of businesses. Feel free to contact me if you'd like to talk about using my services. It might net you far more than 75%.