Burt and Associates is a Collection Agency that specializes in Commercial Collections with coverage for Texas.
Dallas| Fort Worth | Houston | San Antonio | Austin
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 you.
Dallas Collection Laws
Understanding the specific collection laws in Dallas is crucial for ensuring compliance and maximizing the chances of recovering outstanding debts. Below is a summary of the relevant Dallas collection laws:
- Interest Rate on Judgments: Legal rate: 6% with an agreement, up to 18%. Statutory interest of 6% begins to run on the 30th day after the debt becomes due. Judgment rate: 10%.
- Statute of Limitations:
- Open Accounts: 4 years
- Written Contracts: 4 years
- Domestic Judgments: 10 years (renewable)
- Foreign Judgments: 10 years (renewable)
- Bad Check Laws (NSF): No specific civil penalty.
- Garnishment Exemptions: 100% of wages are exempt from garnishment in Texas, except for child support, spousal support, and certain federal debts.
Additional Tips for Dallas-Based Businesses
- Compliance with Texas Law: Ensure that your collection efforts adhere to Texas-specific regulations to avoid potential legal issues.
- Economic Landscape: Consider the economic environment in Dallas when planning your collections strategy, as local conditions can affect debtor behavior and repayment likelihood.
- Early Engagement: Engage with Burt and Associates early to maximize recovery rates and prevent accounts from becoming uncollectable due to the statute of limitations.
Dallas Business Resources
For more detailed legal advice and guidance on collection practices specific to Dallas, consider consulting with local legal experts or contacting us for a personalized consultation.
