Dallas attorney Darrell Cook says even in the best business climate, submitting bills and collecting payments is a part of doing business that few enjoy. In the current economic downturn and credit crisis, business is brisk for law firms that handle collections for businesses.

Cook knows from experience that sending invoices and collecting from venders and customers can be so unpleasant that many businesses develop bad habits that actually increase the likelihood of bills becoming delinquent. Cook says a few basic habits can make the process much easier for all sides. One of the worst habits is simply procrastinating - failing to submit envoices in a fair and timely manner, sometimes waiting as long as three to six months after the delivery of services or goods before sending a bill. With such a delay between a provided service and bill, the customer will not likely even remember the service for which they're being asked to pay. Darrell offers the following tips on his Web site regarding the process of collecting on debts.

"Just because the economy is bad for everyone doesn't mean that the bills don't have to be paid," says Cook. "Companies are more focused than ever on making sure they collect what they're owed, whether it's a single mom with a sky-high credit card balance or a construction company that's behind on paying its suppliers." As evidence, Cook notes a recent published report showing that North Texas subcontractors and suppliers have filed 45 percent more legal claims against general contractors over unpaid invoices this year compared to 2007. To interview Mr. Cook about collections issues, contact Bruce Vincent at 800-559-4534 or bruce@androvett.com.