Is Your Cash Flow Moving Slower Than the Mississippi River?
Business in the Magnolia State moves at its own pace—built on relationships, trust, and a handshake. But when that handshake doesn’t turn into a payment, “Southern hospitality” shouldn’t mean letting your invoices go unpaid.
Whether you are a supplier for the automotive corridor in Canton, a healthcare provider in Jackson, or a logistics manager near the Port of Gulfport, you know that margins are tight. In Mississippi, where the statute of limitations on debt is surprisingly short (only 3 years), waiting “just a little longer” can actually cost you your legal right to collect.
You need a partner who understands the difference between a debtor who can’t pay and one who won’t pay. We offer a firmness-with-respect approach that gets you paid without ruining your reputation in your local community.
Nexa provides 100% reputation-safe, equipped with all 50-state collections license, offering free credit reporting, free litigation/bankruptcy scrubs, and zero onboarding fees. Secure – SOC 2 Type II & HIPAA compliant.
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The “3-Year Rule” & Why You Must Act Now
Mississippi has one of the shortest Statutes of Limitations for debt in the country: 3 years for open accounts and written contracts.
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The Trap: Many business owners wait 6-12 months before escalating, thinking they are being “nice.”
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The Reality: By the time you get serious, you may have already lost 30% of your legal window. If you wait too long, the debt becomes “time-barred,” and you can never legally sue to recover it.
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The Solution: Our 4-Step System catches these accounts early (Steps 1 & 2) so you never have to worry about the clock running out.
A Better Way to Collect in the Magnolia State
We don’t use the aggressive, bridge-burning tactics of old-school agencies. We use a graduated system that starts friendly and escalates only when necessary.
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Step 1 & 2: The “Official Notice” ($15/account). This is our most popular service for Mississippi businesses. We send a series of official third-party demands for a low flat rate. In tight-knit communities like Tupelo or Hattiesburg, receiving a formal notice from a third party is often enough to prioritize your bill over others. You keep 100% of the money collected in this stage.
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Step 3: Contingency Power (40%). If the soft approach fails, we shift to a contingency model. We use skip-tracing to locate assets and investigate the debtor’s ability to pay. We only take a fee if we collect.
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Step 4: Legal Enforcement (50%). If the debtor has assets but refuses to pay, we can facilitate legal action. Mississippi law allows for wage garnishment (subject to federal limits) and property liens, which can be powerful motivators.
Local Case Study: Manufacturing Recovery in Southaven
The Situation: A Tier-2 automotive parts supplier in Southaven was owed $14,500 by a local repair chain. The invoices were 14 months old, and the supplier was worried about the 3-year statute of limitations ticking away.
The Fix: We bypassed the “friendly reminder” phase and immediately implemented Step 2 (Third-Party Demands). The debtor received a formal validation notice compliant with federal and state laws.
The Result: The repair chain’s CFO, realizing this was escalating to a “collectible” status that could hurt their credit with other vendors, cut a check for the full amount within 19 days. Cost to client: Less than $50. Recovered: $14,500.
Why Mississippi Businesses Choose Us
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We Know the Terrain: From the agricultural hubs of the Delta to the industrial growth in the Golden Triangle, we understand the local economy.
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No Licensing Headaches: While Mississippi does not require a specific state board license for out-of-state agencies, we maintain full compliance with general business registrations and federal laws (FDCPA).
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Free Safety Checks: We run free bankruptcy and litigious debtor checks. If your debtor has filed for Chapter 7 in the Northern or Southern District Courts of Mississippi, we’ll tell you instantly so you don’t waste money chasing a dead end.
Industries We Serve in Minnesota
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Manufacturing & Industrial: B2B recovery for the Twin Cities and Duluth industrial corridors. We manage high-value freight brokerage, warehousing, and steel fabrication disputes.
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Healthcare & Medical: 100% HIPAA-compliant. We specialize in the Minnesota Debt Fairness Act, using sophisticated mediation to recover patient balances that can no longer be reported to credit bureaus.
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Colleges & Universities: From major research institutions to private liberal arts colleges, we handle tuition and housing recovery with a “student-first” diplomatic approach.
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K-12 Private & Charter Schools: Diplomatic recovery for unpaid enrollment and textbook fees, tailored for Minnesota’s robust school choice landscape.
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Accountants & CPA Firms: Recovery of professional service fees. We understand the Minnesota tax cycle and ensure you get paid without damaging the local client rapport you’ve built.
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Banks & Credit Unions: Expert handling of delinquent consumer loans and deficiency balances using the state’s 10-year judgment renewal window.
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Construction & Trades: Revenue recovery for HVAC, plumbing, and general contractors. We are experts in Minn. Stat. Chapter 514 (Mechanic’s Liens).
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Restoration, Waste Management & Agribusiness: High-speed recovery for service providers and the agricultural sector that powers Greater Minnesota.
Mississippi Debt Collection FAQ
Q: Is the statute of limitations really only 3 years?
A: Yes. Under Miss. Code § 15-1-29, the statute of limitations for open accounts and unwritten contracts is 3 years. It is critical to act fast in Mississippi compared to other states with 6 or 10-year windows.
Q: Can you garnish wages in Mississippi?
A: Yes. After obtaining a judgment, creditors can garnish wages. Mississippi follows federal guidelines (generally up to 25% of disposable earnings). We can help determine if a debtor is employed and “garnishable” before you spend money on legal fees.
Q: Do you handle agricultural or medical debt?
A: Absolutely. Whether it’s unpaid feed bills in the Delta or patient copays in Biloxi, we have specialized letters and workflows for these industries.
Q: Do I need to sign a long-term contract?
A: No. You can submit a single invoice or your entire aging ledger. We are flexible to your needs.
The clock is ticking on your 3-year window. Start collecting today.
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