Burt and Associates is a Collection Agency that specializes in Commercial Collections with coverage for Georgia.
Atlanta | Augusta | Columbus | Savannah | Athens | Macon
Why Atlanta Businesses Choose Burt and Associates
Atlanta’s diverse economy, encompassing sectors like logistics, media, and information technology, presents unique challenges in managing accounts receivable. Burt and Associates offers customized debt collection services to address the specific needs of Atlanta’s business landscape.
Key Reasons to Choose Burt and Associates
How Burt and Associates Works
Contact Burt & Associates
- Toll free: 1-877-740-7839
- Fill out our Contact Form online
- For a Free Quote, fill our Get Quote Form online
With the improving economy, Burt and Associates may be able to help collect debts which were previously uncollectable. Some debtors are in a better financial position than they have been in years – all the more reason for you to collect the money owed to you.
Atlanta Collection Laws
Understanding Atlanta’s collection laws is crucial for navigating the debt recovery process effectively. Below is a summary of relevant local laws:
- Interest Rate on Judgments: 7% (Legal Rate) | 12% (Commercial Accounts) | 18% (General)
- Statute of Limitations:
- Open Accounts: 4 years
- Written Contracts: 6 years
- Domestic Judgments: 7 years
- Foreign Judgments: 5 years
- Bad Check Laws (NSF): After a 10-day written demand, double damages up to $500 can be sought, plus a service charge of $20 or 5%, whichever is greater.
- General Garnishment Exemptions: Federal law applies, with specifics for City, County, and State employees regarding wage garnishment.
Additional Tips for Atlanta-Based Businesses
- State Compliance: Ensure your collection efforts comply with Georgia’s state-specific regulations to avoid legal repercussions.
- Localized Strategy: Tailor your collection strategy to account for the economic climate in Atlanta, which can vary significantly from other regions.
- Early Intervention: Engage with a collection agency like Burt and Associates early in the process to maximize recovery rates, especially before the statute of limitations comes into play.
Atlanta-Specific Business Insights
Economic Overview:
- Diverse Economy: Atlanta is a hub for various industries, including logistics, media, and information technology, contributing to its robust economic growth.
- Business Density: Home to numerous small and large enterprises, Atlanta’s business environment is both competitive and collaborative.
For more detailed legal advice and guidance on Atlanta-specific collection practices, consult local legal experts or reach out to us for a personalized consultation.
FAQs About Debt Collection in Atlanta
Industries such as logistics, media, information technology, and manufacturing often encounter overdue accounts due to Atlanta’s dynamic economic activities.
Georgia enforces specific regulations, including the Fair Business Practices Act, which mandates ethical collection practices. Non-compliance can lead to legal penalties. Understanding these laws is crucial for effective debt recovery.
Absolutely. We provide tailored debt collection solutions for businesses of all sizes, ensuring personalized strategies that align with your specific needs.
Industries We Serve
As a finance manager, you understand the importance of a smooth and timely financial close. But even with the best strategies, challenges can arise. That’s where the right partnership can make all the difference. At Burt and Associates, we specialize in tailored, ethical debt collection practices that align with your business goals. By integrating our services, you can focus on optimizing your financial close process without the added stress of managing overdue accounts.
We know every business is unique, and that’s why we work closely with you to develop a customized approach that meets your specific needs. Whether you’re dealing with complex financial situations or looking to improve cash flow, our team is here to support you every step.
Success Story: Assisting an Atlanta-Based IT Firm
An Atlanta-based IT company faced $150,000 in overdue payments from various clients. Burt and Associates implemented a strategic collection plan, utilizing our local expertise and negotiation skills. Within 90 days, we successfully recovered 90% of the outstanding debts, stabilizing the company’s cash flow.
Read more success stories in our case studies page
Let’s turn those strategies into results together. Contact us today to take the first step towards a more efficient financial close.
Let's Work Together to Optimize Your Business!
At Burt and Associates, we specialize in business-to-business (B2B) debt collection, prioritizing strong business relationships and tailored ethical recovery practices. Choose the approach that best fits your needs, and let’s take the first step toward improving your cash flow.
If you’re ready to discuss your overdue accounts and explore customized solutions, schedule a free consultation with one of our experts.
