Collections

When a customer fails to pay for goods or services, your business faces financial disruption. You need that revenue to maintain operations and cash flow. Under Rhode Island law, you have legal tools to pursue the debt. Understand your legal right to sue Rhode Island...

Creditors need to be careful about following privacy laws when collecting debts. These laws are in place to protect consumers' personal information and avoid legal issues. Knowing the key rules around privacy in debt collection helps creditors stay within the law and...

According to data from the U.S. Bureau of Labor Statistics, only 70 percent of businesses with employees will make it through their first two years of business. Regardless of how long a business has been around, maintaining a margin of profitability is always hard....

As a Rhode Island business owner, you know that sometimes client accounts go unpaid. While you have the right to collect on these debts, you must do so under the terms of the state's Fair Debt Collection Practices Act. Review the basics of this state law so you can...

Amid the current public health crisis, more than 40 million Americans have filed for unemployment. With so many people in financial hardship, debt-collection lawsuits are likely to become even more prevalent in the months—potentially years—to come. How common is it to...

Only around 70% of new businesses with employees make it through the first two years, according to recent data from the U.S. Bureau of Labor Statistics. As a business owner, you know how difficult it is to maintain profitability regardless of the age of your...

When you work for a small business, most of your customers will pay you for your services on time. Yet a small subset of your clientele will either delay payment or try evading it altogether. While their debts may seem insubstantial, they can have a significant effect...