Burt and Associates is a Collection Agency that specializes in Commercial Collections with coverage for Ohio.
Akron | Cincinnati | Cleveland | Columbus | Dayton
How to get Started:
Contact us to speak with a New Account Information Representative. We will discuss your overdue accounts in detail. After thorough debtor investigation, we will tell you which accounts show promise of collecting (there may be conditions, such as bankruptcy, which have voided the debt). We will also suggest which accounts may be better handled in house.
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.
Cleveland Collection Laws
Understanding the specific collection laws in Cleveland is crucial for ensuring compliance and maximizing recovery rates. Below is a summary of the relevant laws in Cleveland:
- Interest Rate on Judgments: Legal rate: 10% | Judgment rate: 10%
- Statute of Limitations:
- Open Accounts: 4 years
- Sales Contracts (UCC2-725): 4 years
- Written Contracts: 15 years
- Domestic Judgments: 21 years (renew every 5 years)
- Foreign Judgments: 21 years (renew every 5 years)
- Bad Check Laws (NSF): The greater of $200 or three times the amount of the check, plus attorney fees (no maximum limit).
- Garnishment Exemptions: Follow federal law; garnishment is limited to once per month per employee.
Additional Tips for Cleveland-Based Businesses
- State Compliance: Ensure your collection practices comply with Ohio’s state regulations to avoid potential legal issues.
- Economic Factors: Tailor your collection strategies to account for Cleveland’s unique economic landscape, which can influence debtor behavior and recovery potential.
- Timely Intervention: Engage with a collection agency like Burt and Associates early in the process to prevent your accounts from becoming uncollectible due to the statute of limitations.
Cleveland Business Resources
For more detailed legal advice and guidance on collection practices specific to Cleveland, consider consulting with local legal experts or reach out to us for a personalized consultation.
