A Comprehensive Research Guide, 3rd ed. An exhaustive study of such a complex social institution is far beyond the scope of this work. This work, as the title implies, is a guide to the legal system of Mexico. It is meant to serve as the point of departure for the study of the legal system of Mexico and not as the final point for such a study.
About HMH Legal, Credit and Collections Because of the high demand for debt collection services and the great successes we've booked for our clients, HMH Legal sought to create a flexible Law firm structure that would serve as a credit and collections department for small and medium companies to provide even greater and more cost-effective results.
Today, HMH Legal has been able to achieve this goal by casting a reliable team of lawyers, fully trained pre-legal collectors, and dependable correspondent attorneys throughout the country. We are a group of experienced, knowledgeable and aggressive litigation attorneys who are sensitive to the modern collection process and modern collection techniques, what makes us savvy collectors and capable advisors on credit management issues.
This has resulted in the perfect organizational structure for: Placing an account receivable for collection in Mexico: Getting sound advice on credit-management issues for sales in Mexico: What problems do we solve?
Some of the situations that have been identified as major threats and that we have helped our clients with are the following: Not willing to make credit sales into Mexico, or doing so in the wrong way.
Many companies are terrified of selling on credit into Mexico because of the high risk of seeing their receivables turn uncollectible. They firmly believe that, if a debtor in Mexico merely wishes to New mexico legal system, he can do so and get away with it without getting help from the legal system at forcing the debtor to pay.
When selling companies assume this, they miss out on the opportunity to expand into new markets, and they forgo raising their sales and making higher profits - all to the benefit of their competitors. Not willing to place an account for collection promptly.
Many companies hold on to their overdue accounts far too long, in the hope of doing an effective collection effort on their own, finally getting paid without having to surrender their profit by paying a collection agency's fees.
What happens is that, by operating on these assumptions, accounts grow old, cash flow is severely reduced, and there is a dramatic increase in the possibility of the account turning uncollectible. Truthfully, there is no need to surrender that much profit when hiring a collection agency, and there are ways to ensure that you are choosing the one that can do the best collection job for you.
Not willing to start legal action or hiring the wrong firm. Companies are sometimes skeptical of hiring a lawyer to pursue legal action in Mexico because they think they will only throw good money after bad.
Often, it is believed that some lawyers will only care about initiating legal action to charge a fee, and will not even be concerned with a successful outcome or favorable result to the client. Based on this, companies simply decide to write off an account instead of starting litigation.
If so, a company forecloses any possibility of collecting and immediately ends up with a loss, probably even discouraging the expansion steps taken to gain new markets.
There should be no need for accepting this immediate loss since there are ways to reliably select and hire the best Law firm for your needs under the most favorable conditions that will give you peace of mind.
We are the only Law firm in Mexico that specializes in the area of creditor-protection law, with a focus on international accounts.
Our main goal is to help foreign companies avoid uncollectible receivables stemming from their credit sales in Mexico. This is achieved through our legal services in credit management to minimize risks, as well as our debt collection and litigation services to recover money for our clients.
Once our services are retained, HMH Legal will help you achieve the following: To reduce the risk of credit sales in Mexico turning uncollectible by designing and implementing an easy and reliable system of sales with appropriate simple forms and contracts.
To have the most reliable collection agency that will guarantee the best chance of collecting your money at the most reasonable cost. To have a professional and reliable team of lawyers that will only recommend and initiate sound legal actions that carry real possibilities of successful outcomes.
Companies we serve and transactions we handle HMH Legal is a unique Law firm in Mexico that serves as the credit and collections department for small and medium foreign companies pursuing credit sales in Mexico.Polly’s Run Boosts Pancreatic Cancer Research Nov 19, ; UNM Health Sciences Rio Rancho Campus Now Offering new “Cluster Class Registration” for Students Nov 15, ; Club Santos Soccer Players To Visit UNM Children’s Hospital Nov.
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