Massachusetts Commercial Collection Agency

Massachusetts Collection Agency
Massachusetts Collection Laws

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

Full Debt Commercial Collection Agency Coverage for Massachusetts MA

Boston | Cambridge | Foxboro | Salem | Springfield | Worcester

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

Contact Burt & Associates

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Toll free: 1-877-740-7839

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

Massachusetts Collection Laws

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

• Massachusetts Collection Laws Interest Rate
  Legal: 6%
  Judgment: 12%
  Contract: 12%



• Massachusetts Collection Laws Statute Of Limitations (Years)
  Open account on Contract: 6
  Contract: 6
  Sales (UCC) Contract: 4
  Domestic Judgment: 20 (presumed satisfied after 20 years)
  Foreign Judgment: 20
  Contracts Under Seal: 20
  
  
• Massachusetts Collection Laws Bad Check Laws (NSF) (Civil Penalty)
  Amount due, costs of suit, protest fees
  Additional damages $100 - $500 can be assessed



• Massachusetts Collection Laws General Garnishment Exemptions
  $125 week
  
  

Massachusetts Debt Collection Tips

As you have been told, we at Burt & Associates take pride in serving our customers to the best of our abilities. We can handle any of your back-office needs and do so in an extremely efficient manner for you. As an SAS 70 Certified commercial collections agency, there are certain guidelines that we must adhere to in performing our job for you.
That being said, I wanted to talk to you about a recent report that was published that discusses business trends from May 2007. In this report, I read that nationally the unemployment rate continues to remain at an exceptionally low level. This low rate affects business owners' abilities to find qualified employees to do the tasks that need to be done within their businesses. This report suggests that 26% of business owners reported having unfilled job openings and 12% reported that the availability of qualified labor was their top business problem. Out of the 53% that reported an attempt to hire new employees, 81% reported "few or no qualified applicants" for their positions.

This is where Burt & Associates can really come to your rescue. We have those qualified candidates here and we are just waiting to help you with all your commercial collections or any other back-office needs that you have. That report also states that 25% of the business owners plan to create new jobs in the next 3 months - leave some of those jobs for us!! Don't be part of the crowd that is struggling to find good employees, call me and we"ll come to your rescue!

With warmest regards,
Jerry Curtis
President & CEO

Educational Tidbits For Today's Credit Executive
Basic Strategies for Flourishing Companies

The cyclical turns of the economy can take their toll on companies. But in order to survive and flourish companies must develop clear strategies on the one hand and avoid a number of common mistakes on the other. First, besides the need to raise money, a company must have a plan of action. When discussing a firm's health, owners and managers must be honest in their appraisal of the firm. They should make realistic projections and not just overly optimistic scenarios that potential investors want to hear. And perhaps most important for newer companies, they must address the issue of cash flow. Without a fully explained plan to generate cash, investors will likely stay away from a company.

The Credit Manager's Q&A Corner

Question: Define an IVA and when it is used.

Answer: An IVA is also known as an individual voluntary arrangement. They are often controversial and most often used in Great Britain by firms that provide their customers with ways to protect themselves from creditors. Most recently, one of its own, Debt Advisor Group in the UK, itself had to file for insolvency.