Canadian Corporate Legal Services has provided commercial debt recovery services in Toronto and beyond for over 25 years, recovering millions of dollars for our clients. Canadian Corporate Legal Services is frequently retained by small, mid-size and large businesses and accounting firms. Protecting your firm's reputation is our top priority. Here is a candid article by Michael Lebovic, Paralegal and President of Canadian Corporate Legal Services:

When people are owed money they want their funds collected, but they are also concerned about how long it will take. Don't be misled by an offer of an automatic speedy collection.

Some of our files resolve quite quickly but many others will not be resolved at Internet speed. We advise our clients to be patient, as painful as that might be, because, if you are not patient critical steps will be missed - missed steps that could end up hurting you in the long run!

Debtors can use stalling tactics. They understand the ins and outs of the system and manipulate the system to their advantage. It works sometimes. I personally think that letting people get away with that only adds to the stress on the legal system and allows people to evade their responsibilities, both civil and otherwise.

So I will not deny that sometimes it is frustrating. We are extremely particular in the steps that we take and we are very tenacious. Sometimes it gets wearying even for us, the professionals. But, it is important for people to know that when you get into this, you have a professional working for you. Take the file, dump it on him, and realize that sometimes you may have to come to court. It won't be for a huge amount of time and there may be a couple of appearances, and there may be some times when you are going to have to put your hand in your pocket and spend money, but in the long run the chances are that you will come out on top.

We can't always guarantee that, but we wouldn't take a file to court and begin litigation unless we thought there was a good shot at recovering the debt. Keep in mind that a good shot doesn't mean a guarantee. Nothing is guaranteed. But you have to be able to say to yourself: I am going to play all nine innings otherwise it is not worth getting into the game. Remember, the other team is prepared to stretch it out because they are counting on you to give up - so don't!