Louisiana Commercial Collection Agency

Louisiana Collection Agency
Louisiana Collection Laws

Burt and Associates is a Collection Agency that specializes in Commercial Collections.

Full Debt Commercial Collection Agency Coverage for Louisiana LA

Alexandria | Lafayette | Lake Charles | New Orleans

Burt & Associates a national debt collection agency with full collection coverage for Louisiana. We invite you to review our services and feel free to contact us with any questions or comments you may have.

Contact Burt & Associates

By Phone:
Toll free: 1-877-740-7839

Or Fill out our Collection Agency Contact form

To Get A Free Quote, know our Collection Rates or call us toll free 1 (877) 740-7839 and get started today!

Louisiana Collection Laws

We hope that this information on Louisiana Collection Agencies assists you. The following is a summary of the Louisiana Collection Laws. The information here may not be 100% accurate and should not to be construed as legal advise.

• Louisiana Collection Laws Interest Rate
  Legal: 9.75%
  Judgment: 9.75%
  
  
• Louisiana Collection Laws Statute Of Limitations (Years)
  Open account: 3
  Written Contract: 10
  Promissory Notes: 5
  Domestic Judgment: 10
  Foreign Judgment: 10
  
  
• Louisiana Collection Laws Bad Check Laws (NSF) (Civil Penalty)
  After 30 day written demand (certified or registered), twice check amount. Attorney fees & court costs



• Louisiana Collection Laws General Garnishment Exemptions
  75% disposable earnings per work week, but not less than 30 x Federal minimum hourly wage

Louisiana Debt Collection Tips

Is your company realizing substantial growth and running as effectively as possible? Are you challenged with how to successfully manage all of your back-office functions while generating enough sales to grow your business?

Starting today, you can consider Burt & Associates your back-office. As an SAS 70 Certified Commercial Collections Agency, Burt & Associates has the accounts receivables and financial solutions that will help you attain your business goals. By providing your business those critical back-office functions, we free up your time to attend to your business.

Burt & Associates is a recognized leader in commercial collections with the knowledge and expertise in management of accounts receivables and all other back-office services. In addition, we use the power of technology to generate results for your business efficiently and quickly.

Call me today to see which of our services will best fit your company and start improving your time-to-market, streamline your global processes and increase customer satisfaction, all while meeting corporate sales and revenue growth.

With warmest regards,

Jerry Curtis
President & CEO

Educational Tidbits For Today's Credit Executive
Cash Crisis in the Automotive Supply Sector

According to a recent industry report, problems in the automotive-supply sector could unhinge the supply chain for car manufacturers and even cause a halt in vehicle production. The claim comes from a survey of top automotive suppliers in North America , which found that more than a fifth of them could face significant financial problems over the next twelve months. About a third of North America's automotive suppliers are under financial distress, according to one business consulting company. Other problems facing automotive-supply companies, and in turn automobile makers themselves, are high raw-materials costs, expenses for healthcare and labor and legacy costs for retirees, all of which could possibly push some automotive suppliers into bankruptcy proceedings.

The Credit Manager's Q&A Corner
Question: Explain the relationship between bankruptcy dismissals and the failure to provide payment advices.

Answer: Where bankrupt firms previously often filed payment advices late and judges were not as concerned that the advices were filed within the 45 days necessary, increasingly, the U.S. Bankruptcy Courts are forcing debtors, and their attorneys, to adhere to section 521(I)(2) of the U.S. Bankruptcy Code as it relates to payment advices. In one case, a debtor's attorney, claimed he had delivered payment advices to the U.S. trustee as well as a Chapter 7 trustee. However, he was experiencing computer problems and was not able to make the filings to the 341 creditors' meeting within the 45-day period. Nevertheless, the court held that the statute was clear. On the 46th day, cases were automatically dismissed if payment advices or a motion to extend time had not been filed.