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Who can collect my receivables?
by Donald B. Kramer
The internet provides many resources when you need to find a firm to assist in the collection of receivables. Directories will be able to provide the names of law firms and collection agencies who specialize in the collection of delinquencies.
Here are some sites to be considered:
NARCA directory. NARCA is the National Association of Retail Collection Attorneys. The internet directory can be found at http://www.narca.org Approximately 640 collection law firms are listed, with links to their e-mail and websites. Viewing is free. These firms generally work on a contingent fee basis, with no charge if the account is not collected. They collect "retail" claims----that is, claims against consumers.
The AttorneyFind Directory at http://www.Attorneyfind.com is a directory of law firms in 70 categories, and includes the category of collections for creditors. The law firms listed are in both the retail (consumer) and commercial (business) collection areas. Most work is on a contingent fee basis. Viewing the directory is without charge. Listings include e-mail and website links.
A directory of collection agencies can be seen at http://www.eCollectionAgencies.com for those whose claims are too small to sue, or who desire the services of a collection agency. This directory is also viewable without charge, with listings including e-mail and website links.
Donald B. Kramer, Esq., President of the St.Louis
Collection Law Firm of Kramer