Collection Coverage – Los Angeles

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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

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) 213-9302

  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.