Legal Question in Business Law in Missouri

many of our patients in this private practice have moved on over the years and left a credit balance. we have attempted to contact them to arrange a refund. If we are unable to reach them, what is the recommended practice. our accounts receivable isnt true with so many credits outstanding. 10.00 here and there add up.


Asked on 7/21/10, 7:57 am

1 Answer from Attorneys
Sean Santoro Santoro Law Office

Some businesses write off their smaller bad debts. Check with your CPA to see if you can. However, many lawyers, myself included, will undertake collection efforts on a contingent fee basis, where we are not paid unless the client is paid. It is very difficult to hide in this era of email, facebook, cell phones, etc. Feel free to contact me if I can be of assistance.

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Answered on 7/21/10, 1:53 pm


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