An integral part of any business is collecting on accounts receivables. While most accounts will typically pay without much prompting, all businesses are sure to find themselves with many which do not. Non paying accounts can have a traumatic effect on a business, thus making an effective collections strategy an essential part of any successful business. However, the collections process can be a frustrating and aggravating process which detracts from a business or university’s primary objectives. Because collections can be such a time consuming and difficult endeavour, even those businesses and universities that do have internal collections departments will often find it beneficial and even necessary to employ dedicated outside legal and collections professionals.
The attorneys and collections specialists at the Law Office of Watson & Allard, P.C. have decades of experience handling collection matters from all walks of business. Our firm provides a one stop shop for our clients to employ both litigation and non-litigation debt collection measures for every step of the process.
Colleges and universities are no different than any other type of business in which unpaid accounts can have a significant detrimental effect on the bottom line. When loans and tuition bills go unpaid, colleges and universities are forced to cut back on necessary expenditures or to raise tuition. Collecting on accounts that would otherwise remain in default enables universities to provide the best possible education with the lowest cost to students.
Over the years, a significant focus of the Law Office of Watson & Allard, P.C. has been representing colleges and universities in the greater Philadelphia area. We have extensive experience and success in collecting unpaid tuition accounts, defaulted institutional loans, and even outstanding Federal Perkins loans.
In addition to colleges and universities, the Law Office of Watson & Allard, P.C. has extensive experience successfully representing all sorts of businesses, including construction agencies, public adjusters, banking institutions, and credit unions, in collection matters. Whether it be an unpaid loan, breach of contract, or fraudulent activity, our professionals can help turn your unpaid accounts into a boost for your bottom line.
Our attorneys that specialize in this practice::