Accounts Receivable Collection
Bloom & Associates, P.A. utilize our highly trained staff and technology to manage accounts receivable and cash flow issues for our clients. When your accounts receivables begin to age, it is important to have experienced professionals to help your business. Bloom & Associates specializes in all areas of collections throughout Maryland and Washington, DC.
Bloom & Associates, P.A. Accounts Receivable Collection Process
When you send your accounts receivable claim to us, we review the facts of the case and determine whether there is sufficient documentation to proceed with the collection process. Once this step is complete, we send out a demand letter to the debtor and attempt to contact them by telephone, if appropriate.
If a debtor does not respond to the demand letter and/or phone call(s), Bloom & Associates, P.A. may recommend filing suit. Once we obtain a judgment, we perform asset searches to find the debtor’s place of employment, bank accounts, and property owned by the debtor. We also pursue claims against deceased debtors. We use the following methods to collect on accounts:
- wage garnishments
- bank account attachments
- real property liens
- estate claims
- payment portal offering 24/7 payment options