Wednesday, June 27, 2007

Finance & Debt-Relief: Small Business Debt Collection Law Cheat Sheet

In your small business debt collection laws will eventually become
important, as your debt grows and some clients do not pay.

To collect small business debts legally, you must first send a
written notice that collections have begun, within five days of
first contacting the debtor for collections (for instance, within
five days of calling on the telephone). The letter must include
dispute instructions.

Small Business Debt Collection Laws Forbidden Practices

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