Bad Checks from Company

[yhuang7]

I have a small company in Texas that sells oil pump equipments, I have been doing business with another company in Oklahoma for years and recently they have been delaying on payments and giving me hot checks. Because we have been doing business for so long, I was very lenient with their payments (i.e., giving them extra month or so to pay) and now they owe me approximately about $70,000. I understand that seeking a lawyer is one option, but it is also very time consuming and costly, I have paid a lawyer to write them notice letters and etc to resolve this matter, but it doesn't seem like they are being very corporative. Anyone could give me any idea on how else this may be solved? Thank you in advance

 

[Zigner]

I have a small company in Texas that sells oil pump equipments, I have been doing business with another company in Oklahoma for years and recently they have been delaying on payments and giving me hot checks. Because we have been doing business for so long, I was very lenient with their payments (i.e., giving them extra month or so to pay) and now they owe me approximately about $70,000. I understand that seeking a lawyer is one option, but it is also very time consuming and costly, I have paid a lawyer to write them notice letters and etc to resolve this matter, but it doesn't seem like they are being very corporative. Anyone could give me any idea on how else this may be solved? Thank you in advance

You could try hiring a professional collection agency...