A delinquent account may refer to an account that is overdue to be paid, or for which the account holder (or customer) has failed to perform some other requirement in the maintenance of an account. A delinquent account may refer to commercial credit lines, communications (internet, phone, and cable), utilities, or any other service where an account is required to obtain such service. There is no single solution to the delinquent accounts dilemma. Some companies prefer to write-off old debts, while others choose more aggressive means of seeking what is owed, like filing a collections lawsuit. If you believe your business has a problem with a delinquent account and would like to collect the money owed, it may be time to speak with an account collections lawyer to discuss your options.
Contact The Flynn Law Firm today to speak with an attorney experienced in transforming delinquent accounts into accounts paid in full.