Turning Accounts Receivable into Cash

Money Owed

By definition, accounts receivable is simply money owed to an entity or lender. This is a form of an accounting transaction that shows as a balance pending. Usually, accounts receivable deals with pending transactions such as goods or services, and the customer is generally billed after the services are complete. It is a standard business practice to assume that the customer will act in good faith and pay the money due in a timely manner; however, this is not always the case. In some situations, accounts receivable will remain unpaid, sending the debtor into collections.

When an accounts receivable is not paid, collection agencies make an attempt to obtain the unpaid debts. Sometimes, these debt collection attempts will be made for weeks or months to little or no avail. Most business practices take into consideration doubtful accounts and balance the cost of unpaid debts in their spreadsheets, but accounts receivable that are not paid still mean no money. It is important that you turn these accounts receivable into cash by working with a dedicated attorney who will aggressively negotiate with the debtor and help you obtain the debts you are due.

How an Attorney Can Help

By working with the Law Offices of Alden B. Smith, you can help turn your accounts receivable into cash. My dedicated collections team and I are not afraid to make pre-litigation negotiations in an attempt to receive the debt. If negotiations are not met, I will take legal action to help pursue your return on investments. With every service that is provided and every account that is taken into consideration, you deserve a financial return on your time and goods expended. If you are struggling to receive the debts you are owed or have questions about turning your accounts receivable into cash, contact the Law Offices of Alden B. Smith today to speak with a dedicated New York debt collection attorney.

Testimonials

  • “He understands the issues of our community, responds timely and is responsive to requests made to him.”

    - Vivian
  • “Mr. Smith takes the time to explain things clearly, looks up anything that needs further explanations, and is always "reachable."”

    - Carol
  • “I found him to be very knowledgeable regarding condo issues. If he does not have an answer he researches it.”

    - Jean
  • “Alden's true goal is to help us succeed in reaching our goals and making sure everything that is done, is done correctly and legally.”

    - Nina
  • “He does extensive research when necessary to find out the correct answers and the best solutions to any problem.”

    - Satisfied Client
/

What Sets Us Apart

  • Client Calls Returned Within 24 Hours
  • Thousands of Cases Handled
  • Always Hold Clients' Best Interest in Mind
  • 35+ Years Representing Clients

Collect What's Owed to You

Schedule a Consultation
  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.