Attorney on Duty Profile Mark P. Krones, Esq., has been a business and commercial collection litigator in California since 1979. His legal career has centered on representing merchants in San Diego, Orange and Los Angeles County in a vast array of business cases, both in litigation and transactional matters. Mark was a small claims judge for 6 years and is a member of The Bar of State of California, Consumer Attorneys of San Diego, and a Business Panel Arbitrator for San Diego Superior Court. The business world for creditors has become a treacherous place.
Bankruptcy filings are at an all time high.
Uninformed creditors today who don't act quickly will get little or nothing. Get the information from the customer before the goods and services go out the door when your customer still needs something from you. Monitor your customers' account closely and act immediately when they breach the credit terms. Use an attorney to obtain payments or concessions from your customers at the early stages of collection. Obtain leverage with the client through promissory notes, guaranties and other collection devices.