A New Approach to Commercial Receivable Management

CHICAGO, IL – A new concept of business to business collections has been developed resulting from two major developments in the business community. First, the ability to instantly communicate and transmit information, via the internet, anywhere in the world. Secondly, the large number of small and mid-size companies that are expanding their markets and increasing their market share throughout the US and around the world.

Mr. Les Kirschbaum, an industry leader for over 25 years, and specialist in the commercial receivable industry, saw a definite need for efficiency in the traditional business to business receivable process. His research and past experience showed that once an experienced, local collection attorney was involved on a past due receivable, the collectibility improved dramatically. According to Mr. Kirschbaum, debtors respond much quicker to local collection attorneys than to traditional collection agencies. Local attorneys have many additional tools available to them. They have easy access to information about businesses in their community. In addition, they have access to public record information such as past suits, judgments and liens and they can initiate legal proceedings quickly, if necessary. In addition, local attorneys can make personal site visits which can develop crucial information about debtors.