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Payment Terms and Debt Collection

Payment Terms

When we onboard a new client, one of our first tasks is to review their contractual language… specifically, their payment terms. After all, if your contract’s payment terms are rock solid and agreed upon affirmatively by both parties, our ability to collect the debt can be improved. So, how do you know if your contract […]

Debt Collection Services Will Improve Your P&L Statement

Collect Debt in Maryland

As the champagne fizz fades and the resolutions settle in, most businesses have their sights set on one key target: growth. But achieving that growth requires addressing the elephant in the room – outstanding receivables. Those lingering unpaid invoices can cast a long shadow on your P&L statement, hindering your ability to invest in the […]

Happy Holidays! 2023 in Review

P&L

As Christmas and the New Year approaches, our team at Gilliam & Mikula is wrapping up a great year. We want to express our warmest wishes for a happy holiday season to our valued clients and partners! 2023 has been a fantastic year for Gilliam & Mikula. We witnessed sustained success and significant expansion, solidifying […]

‘Tis the Season to Collect: Strategies for Effective Debt Collection

Strategies for Effective Debt Collection

During the holiday season, businesses across Virginia and Maryland have a busy sales period with increased revenue. However, amidst the hustle and bustle of the holidays, it’s essential to remember the importance of debt collection. Outstanding payments can strain your business’s cash flow, making it challenging to meet your financial obligations in the New Year. […]

Regain Control of Your Cash Flow: Why Outsourcing Debt Collection is a Smart Business Move

Outsourcing Debt Collection

In the business world, cash flow is the lifeblood that keeps operations running smoothly. However, when faced with unpaid debts, businesses often struggle to maintain a healthy cash flow, leading to increased stress, strained resources, and potential financial setbacks. This is where outsourcing debt collection to a professional debt collection agency emerges as a strategic […]

Maryland Debt Collection Agency

Maryland Debt Collection Agency

Are you looking for a Maryland debt collection agency? Look no further than Gilliam & Mikula! We are a full-service debt collection agency and debt collection law firm with decades of experience. We are now fully licensed to provide our uniquely effective debt collection efforts throughout the state of Maryland.   Why Choose Gilliam & […]

Now Serving Maryland!

Maryland

We’re excited to announce that we’re now licensed to operate and collect debt for businesses throughout the great state of Maryland! As one of Virginia’s most experienced and successful debt collection agencies, we’re a great match for any business in Maryland. Here’s what we can offer: Debt Collection Services in Maryland We are now offering […]

How to Collect Debt

How to collect debt

As a business owner, you know that collecting debt is an essential part of keeping your business afloat, your payroll running smoothly, and your cash flow healthy. However, it can be a difficult and time-consuming process. That’s why many businesses hire a debt collection firm like Gilliam & Mikula. However, if you want to go […]

What to Look for When Hiring a Debt Collection Attorney

how to collect debt

If your business has begun to pile up past-due debts, it’s time to consider hiring a debt collection attorney. Retaining the services of a debt collection attorney’s agency is a good option if you have tried to collect the debt yourself and have yet to be successful. However, it is vital to choose the right […]

How a Debt Collection Agency Can Help Dentists Recover Outstanding Debt

A Debt Collection Agency Can Help Dentists

As a dentist, you know that providing quality dental care is your top priority. But what happens when a patient fails to pay their bill? Delinquent payments can be a significant financial setback for your practice and take up much of your time and energy. That’s why many dental practices turn to debt collection agencies […]