What exactly is a breach of contract in your business debt collection case?
Learn what happens if a contract is broken and what it means for your debt collection efforts
You may be dealing with a breach of contract if you are experiencing nonpayment from a client. Continue reading to find out what this is and what you can do to get your business debts paid as soon as possible.
A breach of contract occurs when one party fails to perform its contractual obligations. This is a leading cause of business litigation in courts across the United States. A contract for business owners entails offering a product or service in exchange for payment. Even if the agreement was only verbal, it is still a legally binding contract. That is, if no payment is made, the customer or client is violating the contract and failing to fulfill their responsibility.
Another type of breach of contract in business occurs when a client or customer pays for a product or service, and the company fails to deliver. In either case, a breach of contract is a “cause of action” that can be litigated in Georgia.
If a client or customer fails to meet their contractual obligations, you may need to file a debt collection case to recover the money they owe you.
Your best option is to seek professional legal representation from an experienced debt collection law firm. Debt collection lawyers know precisely what steps to take to recover funds as soon as possible. It is critical to handle these cases with care and understand the proper steps to proceed with litigation if necessary.
Our experienced debt collection attorney at Diwan Law handles many broken contract cases each year. It’s one of the most common types of cases we handle. As a result, we understand what it takes to obtain a fair judgment in breach of contract cases.
And we can assist you in navigating the process in order to obtain the settlement you deserve for your products or services. You’ve worked hard to build your company and shouldn’t have to deal with unpaid bills and broken contracts. Count on our Atlanta law firm to assist you in achieving the best possible result.
Request a free consultation with Diwan Law’s debt collection attorneys online or by calling 404-635-6883.
* The information presented in this article does not constitute legal advice. All information, content, and materials presented on this website are for general informational purposes only. If your business is sued, we encourage you to contact Diwan Law before taking any action.
If you’re facing a situation that involves a business transaction and you feel that the company is taking advantage of you, call Diwan Law. Diwan law represents clients with business law issues.
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