South Carolina Commercial Collection Agency

South Carolina Collection Agency
South Carolina Collection Laws

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

Full Debt Commercial Collection Agency Coverage for South Carolina SC

Charleston | Columbia | Greenville | Myrtle Beach | Spartanburg

Burt & Associates a national debt collection agency with full collection coverage for South Carolina. 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!

South Carolina Collection Laws

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

• South Carolina Collection Laws Interest Rate
  Legal: 8.75%
  Judgment: 12%
  
  
• South Carolina Collection Laws Statute Of Limitations (Years)
  Open account: 3
  Written Contract: 3
  Domestic Judgment: 10
  Foreign Judgment: 10
  
  
• South Carolina Collection Laws Bad Check Laws (NSF) (Civil Penalty)
  Reasonable court costs amount of check& damages up to $500 or 3x check amount whichever is smaller
  
  
• South Carolina Collection Laws General Garnishment Exemptions
  100%
  
  

South Carolina Debt Collection Tips

Depreciation is a silent destroyer of the profit margins of most businesses. The key to any type of successful collections, be it in-house or third party, is tightening and shortening the process, then forwarding the account out to the collection agency before 60 days. If you choose to wait longer you are depreciating most of your chance of ever getting your money. A common mistake most businesses make is to wait over 6 months to use a collection agency.

Strong commercial collection demands are sometimes necessary. In these situations, using verbal demands from highly skilled commercial collection agencies, can motivate difficult business debtors to pay you what you are owed. The best time to hire a collection is yesterday!

So, if you adopt the start early, recover more mentality - you will always recover more of your accounts receivable.

Burt & Associates is a recognized leader in commercial collections with the knowledge and expertise in management of accounts receivables. In addition, we use the power of technology to generate results for your business efficiently and quickly. We also meet the stringent SAS70 Type II best practices certification requirements.

Don't wait another day!

With warmest regards,

Jerry Curtis
President & CEO

Educational Tidbits For Today's Credit Executive
Would Carmakers File for Bankruptcy Protection?

According to some analysts, despite fears that at least one of the U.S.’s automakers is under enough pressure to prompt a bankruptcy filing, General Motors Corp., Ford Motor Co. and Chrysler LLC may be slower to file for bankruptcy protection than their automotive suppliers were. While suppliers of automotive parts have been able to reorganize under Chapter 11, for carmakers a Chapter 11 filing would be a difficult option. As such, they would have to work hard to find every possible alternative to filing for bankruptcy protection. One big risk in the bankruptcy route is that a bankruptcy filing by a carmaker would likely scare off potential car buyers. Further, while some companies including auto-parts makers have used Chapter 11 to wring concessions from unions, it’s not clear to experts that a bankruptcy filing would similarly help carmakers break out of earlier union agreements or win further concessions.

Questions & Answers

Question: Explain who a fee examiner is.

Answer: A fee examiner is a person appointed by the court to monitor fees paid to professionals in bankruptcy cases.