Burt and Associates is a Collection Agency that specializes in Commercial Collections with coverage for Texas.
Houston | Dallas | Fort Worth | Austin | San Antonio
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 and 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.
Houston Collection Laws
It is crucial to understand the specific collection laws in Houston when managing overdue accounts. Below is a summary of relevant Houston collection laws:
- Interest Rate on Judgments: The legal rate is 6% with an agreement, up to 18%. Without an agreement, statutory interest of 6% starts accruing 30 days after the debt becomes due. The judgment rate is 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: In Texas, 100% of wages are exempt from garnishment, except for child support, spousal support, and certain federal debts.
Important Considerations for Houston-Based Businesses
- Adapting to Local Laws: Houston businesses must ensure compliance with Texas’s specific debt collection laws to avoid legal complications.
- Economic Opportunities: The Houston area’s growing economy means that many debtors are in a better position to repay debts, making now an ideal time for debt recovery efforts.
- Tailored Solutions: Burt and Associates offers a variety of debt collection strategies tailored to fit your specific needs, including options for diplomacy or more assertive collection efforts, depending on your preferences.
