Nearly every Maryland business operates in order to make a profit. When a client does not pay for services rendered or delivered goods, that primary objective is put into jeopardy. Businesses that do not get paid are also not able to pay their own debts either, which could also threaten the success of the company. Business debt collection is a vital part of any company, but it can be tricky to navigate.
An attorney who handles the collection of business debts could tell you what your rights and responsibilities are when it comes to getting a client to pay. If a customer says that it is unable to pay, you can file a lawsuit to obtain a judgment. Once a judgment is received, it can be used to seize the defendant's assets to cover the debt owed.
If a customer refuses to pay a debt, it is often because that party is alleging some sort of deficiency with the product or service. If the allegations are simply a way to avoid payment, a lawsuit will bear that out, and you could receive a judgment for payment. Should it turn out that your client has a legitimate concern, an attorney could help negotiate an agreement that satisfies both parties.
Regardless of the circumstances, a Maryland attorney who is familiar with business debt collection and other business law matters can help you resolve the issue. It is not advisable to attempt to collect the debt on your own. Once you have gone through your normal invoicing process without receiving payment, it would be a good idea to involve an attorney. It is possible that the matter could be resolved without spending additional time and money in court.