Collection Coverage – Los Angeles

You are here:

Burt and Associates is a collection agency specializing in commercial collections with coverage in California.

Collection Agency in Los Angeles  Los Angeles | San Diego |  San Jose | San Francisco

Specializing in efficient debt recovery solutions for Los Angeles businesses

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 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

Schedule a Free Consultation

Talk with our debt recovery experts and get tailored advice for your overdue accounts—all at no cost to you.
Schedule Now

Contact Burt and Associates

Burt and Associates
Burt and Associates a National Business-Debt Collection Agency with full collection coverage for Los Angeles Area.
331 South Figueroa Street
Los Angeles, CA
90071
US
Phone: (323) 213-9340

 

  1. Toll-free: 1-877-740-7839
  2. Fill out our Contact Form online
  3. For a Free Quote, fill out our Get Quote Form online

Note: As the economy in Los Angeles continues to evolve, Burt and Associates are well-equipped to assist you in recovering debts that may have previously been challenging to collect. With many debtors now in a stronger financial position, it is an optimal time to recover the money owed to you.

Los Angeles Collection Laws

Understanding the specific collection laws in Los Angeles is essential for effectively managing your accounts. Below is a summary of relevant California collection laws:

  • Interest Rate on Judgments: Legal rate: 10%; Judgment interest: 10% (unless otherwise contracted).
  • Statute of Limitations:
    • Open Accounts: Reduced to writing – 4 years
    • Open Accounts (No Writing): 2 years
    • Written Contracts: 4 years
    • Domestic Judgments: 10 years (renewable at 10)
    • Foreign Judgments: 10 years (renewable at 10)
  • Bad Check Laws (NSF): Civil penalties include the amount due, plus treble damages, with a minimum penalty of $100 and a maximum of $1,500 per check.
  • Garnishment Exemptions: Federal law governs exemptions for necessities of life, with specific exemptions for items such as wages and bank account balances.

Important Considerations for Los Angeles-Based Businesses

  • Regulatory Compliance: California has specific and stringent regulations governing debt collection practices. Ensuring compliance with these laws is critical to avoid legal complications.
  • Economic Landscape: Los Angeles’s diverse and dynamic economy presents unique opportunities and challenges in debt collection. Burt and Associates offer tailored solutions to navigate these complexities effectively.
  • Strategic Debt Recovery: Burt and Associates leverages local knowledge and legal expertise to maximize recovery rates while safeguarding your business’s reputation in the Los Angeles market.
Healthcare and Biotech
The University of California health system, Cedars-Sinai, and Kaiser Permanente dominate the healthcare space. Hospitals and clinics need debt collection services for unpaid medical bills.
Entertainment & Media
Home to Hollywood, major film studios, streaming platforms, and entertainment agencies. Large accounts receivable due to long production cycles and licensing agreements.
Technology & Startups
LA’s "Silicon Beach" is a booming tech hub for startups, gaming companies, and software firms. Companies often deal with venture capital funding, delayed payments, and contract-based transactions.
Manufacturing & Trade
The Port of Los Angeles handles massive global trade, with shipping and logistics firms requiring AR collections. Manufacturing companies deal with supply chain delays, vendor disputes, and late payments.
Real Estate & Property Management
LA has one of the largest commercial real estate markets, with property managers facing unpaid lease balances and tenant disputes. Commercial landlords require collections on unpaid rent & contract disputes.
Legal & Professional Services
Law firms, consultants, and accounting firms often struggle with overdue invoices from corporate clients. Long legal processes result in delayed payments for legal settlements and service fees.

Testimonials

Burt and Associates made the debt recovery process seamless for us. We were struggling with unpaid invoices from multiple clients, and their team handled everything professionally and efficiently. Their knowledge of the Los Angeles business environment was a huge plus. Highly recommend!
J. Metzger
CFO - PM Exp