Wakefield Law Blog

For many small and medium-sized businesses, 2020 was a tough year. It was a year of uncertainty, cautious consumers, and disrupted industries. In 2021, what can businesses do to recover?

There’s no doubt that 2020 was a difficult year for making plans. For many business owners, the year was mostly about taking decisive action, pivoting when needed, and remaining adaptable to whatever got thrown our way.

In business, people don’t always pay their bills. That’s just a fact. As a small business owner, it can feel very strange to find yourself in the position of trying to get money from a customer who just refuses to pay.

When you are owed money, whether personally or in your business, it can be hard to know what to do. That’s where an experienced collection law firm comes in.

The world looks different today than it did six months ago. Your business likely looks different today, too. For many, COVID-19 has caused deep and unexpected disturbances in business plans. Unfortunately, the contracts you signed at the beginning of the year probably didn’t account for a global pandemic. So, what happens when your contract is cancelled due to COVID-19?

With the coronavirus disrupting so many people’s incomes and financial security, we thought there is no better time to dive into the subject of making personal loans to friends and family. 

Being a business owner in the time of COVID-19 is full of uncertainties, to say the least. For many businesses throughout Northern Virginia, revenues have slowed and future projects have been put on hold.

They say nothing kills the romance faster than getting mixed up in a financial dispute. As a collection law practice, we don’t just represent companies with outstanding invoices. Regularly, individuals come to us with requests to collect debts of a more personal nature.

Does your business have old, outstanding invoices that you have decided not to pursue? If you do, you are not alone.

If you own a business, you need a standard contract. 

Q. A few of my customers have outstanding invoices that they just will not pay. They aren’t huge debts, but they are starting to stack up in my accounts receivable. Is there any way to pursue smaller debts with legal action or should I just write them off?

Q. I love my customers, so I give them a bunch of chances to catch up on unpaid invoices. But when have I been waiting long enough? Should I just let it go or should I pursue legal action?

Q: Help! I have been trying to collect an outstanding bill, but the customer just filed for bankruptcy. Am I out of luck?

Home Owners Association dues are a part of life for many homeowners. However, sometimes homeowners fail to pay these dues, causing serious problems for their neighbors. So, what can Home Owners Associations do about unpaid dues or fees?

In our collection practice, we often have businesses come to us with the question: Can I still collect against a customer who has recently died?

If you have ever tried to collect an outstanding debt or an unpaid invoice, you have probably heard the term “judgment proof.” No, this doesn’t mean you will never get paid for the goods or services you’ve already provided.