Houston, Texas – COVID-19 had impacted different industry verticals dearly causing fluctuations in revenue. Organizations around the globe are faltering to recover obligation so as to stay operational and fruitful through the COVID alarm.
According to the report of the U.S Labor Department, the unemployment rate is 13.3% which signals the time is rough undisputedly for many, and this situation is tough for them to pay long due debts. The way things are, the economies in the United States and around the globe are reeling because of the episode of COVID-19. The consumer debt hit a record of $14.3 trillion in the first quarter and businesses of all sizes wrestle with unpaid client bills, and this issue increases with economic distress.
Between the struggle of whether a business should go for a debt collection or not and most importantly how in this unprecedented time depends on many factors like the relationship with the customer and how the business is operated under the different sets of laws in each state. Here professional debt collection agencies can assist better considering all perspectives of the unpaid account. Considering the fact that each state adheres to different regulations and legislation as far as debt collection is concerned, a professional debt collection agency like Alexander, Miller & Associates, LLC works swiftly for debt recovery, and their work in the business ecosystem is very crucial.
Keeping current challenges of the customer’s circumstances in mind, it suggests clients to analyze a receivable portfolio of accounts, consider the negotiation options on terms, or to create a solid plan of action for commercial debt collection. In which professional assistance from Alexander, Miller & Associates, LLC makes a huge difference.
Alexander & Miller Associates LLC has been serving businesses for decades, recovering billions of dollars each year that their clients could not collect themself. The company serves both large corporations and small businesses and protect their legal right to get paid. The company works with an innovative and right approach, aims the businesses get back on track, and lead to sustainable growth strategies.
Media Contact
Company Name: Alexander Miller & Associates
Contact Person: Tom Alexander, Mike Miller
Email: pr@amafirm.com
Phone: 832-430-1651
Address:7710-T Cherry Park Dr #120
City: Houston
State: TX 77095
Country: United States
Website: https://www.amafirm.com