Collection Coverage – New York

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Burt and Associates is a Collection Agency that specializes in Commercial Collections with coverage for New York.

Collection Agency in New York  New York City | Albany | Buffalo

How to Get Started:

Contact us to speak with a New Account Information Representative. We will discuss your overdue accounts in detail. After a thorough debtor investigation, we will tell you which accounts show promise of collection (there may be conditions, such as bankruptcy, that have voided the debt). We will also suggest which accounts may be better handled in-house.

 

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Contact Burt & Associates

Burt and Associates
Burt and Associates a national Business Debt Collection Agency with full collection coverage for New York.
80 Catherine Street
New York, NY
10038
US
Phone: (332) 233-8848

  1. Toll-free: 1-877-740-7839
  2. Local: (332) 233-8848
  3. Fill out our Contact Form online
  4. For a Free Quote, fill out our Get Quote Form online
  5. View all our locations

Important Note: New York’s diverse economy presents unique challenges and opportunities for debt recovery. Burt and Associates bring the local knowledge and experience needed to navigate the complexities of New York’s collection environment. With the improving economy, many debtors are in a better financial position, making now an ideal time to pursue debt collection and secure the funds owed to your business.

New York Collection Laws

Navigating the intricacies of New York’s collection laws is crucial for businesses seeking to recover debts efficiently and legally. Below is a summary of crucial New York collection laws that may impact your accounts receivable management:

  • Interest Rate on Judgments: Legal interest rate: 16%; Judgment interest rate: 9%.
  • Statute of Limitations:
    • Open Accounts: 6 years
    • Written Contracts: 6 years
    • Domestic Judgments: 20 years (1 renewal lien)
    • Foreign Judgments: 20 years (1 renewal lien)
  • Bad Check Laws (NSF): Civil penalties include the face value of the check, plus damages up to two times the check amount, capped at $400 for NSF checks or $750 for checks with “no account” (as prescribed by law under GEN.OB.1.1-104).
  • Garnishment Exemptions: 90% of earnings are protected from garnishment, with a minimum exemption of $127.50 per week for wholly exempt earnings.

Key Considerations for Businesses in New York

  • Compliance with Local Laws: Burt and Associates ensure that all collection activities comply with New York’s stringent legal requirements, reducing the risk of legal challenges and protecting your business.
  • Strategic Debt Recovery: Our tailored approach to debt recovery considers the specific conditions of New York’s business environment, maximizing your chances of successful collection.
  • Expert Support: Our team has the knowledge and resources to handle even the most complex collection cases, providing peace of mind and reliable results.
Financial Services
New York City is the global epicenter of finance, home to Wall Street, the New York Stock Exchange (NYSE), and countless financial institutions. The finance industry drives the city's economy, employing hundreds of thousands and generating billions in revenue annually.
Media and Entertainment
From Broadway theaters to major media giants like NBC, CBS, and The New York Times, New York City is a powerhouse in media, entertainment, and digital content creation, contributing billions to the local economy
Healthcare and Life Sciences
New York City’s healthcare sector is one of the largest in the nation, with world-renowned institutions like Mount Sinai, NYU Langone, and Memorial Sloan Kettering. The city's life sciences industry is rapidly expanding, driven by research and innovation.
Trade and Logistics
With its strategic coastal location and major ports, New York is a critical hub for international trade and shipping, moving billions of dollars in goods annually and supporting a vast network of importers, exporters, and distributors.
Technology and Startups
As the “Silicon Alley” of the East Coast, New York City has a thriving tech scene, with major players like Google, Facebook, and Amazon establishing large offices. The city fosters thousands of startups, from fintech to AI, driving innovation and growth.

Testimonials

Burt and Associates really came through for us. As a New York-based logistics company, overdue accounts were putting the squeeze on our cash flow. Their team jumped in fast and got results without the runaround. Straight shooters, efficient, and effective. Can’t recommend them enough.
M. Romano
COO of Empire Freight Logistics