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Should My Business Simply Write-Off Small Debts Owed Us And Only Focus On The Larger Ones?

Small debts should be placed for collection along with large debts. Smaller debts are often collected by telephone calls and letters because it is not cost effective to use the court process on small debts. However, a collections law firm can collect small debts owed by the same debtor to the same creditor economically by combining the accounts and using the judicial process.

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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified creditors rights lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local creditors rights attorney to discuss your specific legal situation.

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