Reclaiming the Revenue of the Commonwealth: Why Virginia Businesses Choose Nexa
In a state where the “Silicon Valley of the East” meets the world’s largest naval base and a multi-billion dollar agricultural powerhouse, your cash flow is the only thing that shouldn’t be in a holding pattern. As Virginia cements its status as a top-ranked state for business, the “cost of waiting” on unpaid invoices is higher than ever. Whether you are a tech startup in Reston, a medical practice in Richmond, or a logistics firm in Norfolk, stagnant accounts receivable are more than a nuisance—they are a direct threat to your ability to scale. Nexa provides Virginia’s innovators with a sophisticated, legally-fortified recovery strategy that protects your brand’s reputation while ensuring the capital you’ve earned stays in your accounts.
Nexa provides 100% reputation-safe, equipped with all 50-state collections license, offering free credit reporting, free litigation, free bankruptcy scrubs, and zero onboarding fees. Secure – SOC 2 Type II & HIPAA compliant. Over 2,000 online reviews rate us 4.85 out of 5.
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Cost-Effective Recovery: $15 Fixed Fee vs. Contingency
We offer two tiers of service to fit the specific needs of Virginia’s diverse business landscape:
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Fixed Fee Service ($15): The best option for early-stage delinquency. The client pays you directly; you keep 100% of the money.
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Contingency Fee (20% – 40%): Our “No Recovery, No Fee” model. We take the risk, and we only get paid when we successfully bring your revenue home.
Industries We Serve (Virginia Specialization)
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Healthcare & Medical: 100% HIPAA-compliant recovery for Virginia’s massive hospital networks and specialty clinics. We are fully prepared for the Medical Debt Protection Act mandates, ensuring your practice stays ahead of the new 3% interest cap.
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Manufacturing & Logistics: B2B recovery for automotive, aerospace, and industrial suppliers in the “Gateway to the South.” We handle high-value freight brokerage and warehousing disputes near the Port of Virginia.
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Colleges & Universities: Specializing in tuition fee recovery and housing balances for Virginia’s prestigious public and private institutions. We balance firm tactics with the need to preserve student relationships.
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Dental & Orthodontics: Tailored recovery for local dental practices where patient rapport is critical.
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Construction & Trades: Revenue recovery for HVAC, electrical, and general contractors fueling the expansion of Northern Virginia and the Richmond metro.
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B2B Commercial: Specialized recovery for restoration, waste management, and professional service firms.
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Accountants & CPA Firms: Recovery of professional service fees. We understand the “Net-30” billing cycle and use professional mediation to ensure you get paid without damaging client rapport.
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Banks & Credit Unions: Expert handling of delinquent consumer loans, utilizing Virginia’s specific garnishment laws to secure repayment.
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K-12 Private & Charter Schools: Managing unpaid enrollment fees with a sensitive, diplomatic approach tailored for the Commonwealth’s educational landscape.
Virginia Debt Collection: Current Legal Summary
Navigating recovery in Virginia requires a surgical understanding of the Code of Virginia. We ensure your business is protected from liability while maximizing recovery.
| Feature | Virginia Regulation (Current) |
| Statute of Limitations | 5 Years for written contracts; 3 Years for oral agreements. |
| Medical Debt Interest | Capped at 3% per year after a 90-day grace period (as of mid-2026 standards). |
| Wage Garnishment | Limited to the lesser of 25% of disposable earnings or the amount by which weekly earnings exceed 40x the state minimum wage. |
| Extraordinary Actions | New laws prohibit foreclosing on a primary residence or garnishing wages for those eligible for financial assistance on medical debt. |
Pro Tip: In Virginia, the “clock” for the statute of limitations resets if a partial payment is made. Nexa’s mediation team is trained to secure these vital “revival payments” to protect your legal standing.
Recent Recovery Results
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Medical Specialty Recovery: A Richmond-based orthopedic group was owed $6,800 on a 210-day past-due account. Using our professional mediation protocol, we secured a full principal recovery within 19 days.
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B2B Logistics Recovery: A Northern Virginia freight broker was owed $13,450 by a commercial client. Nexa’s B2B team located secondary corporate assets and secured a full settlement within 32 days.
Frequently Asked Questions (FAQ)
1. How does the Medical Debt Protection Act affect my Virginia practice?
The current laws place a 3% cap on interest and prohibit certain “extraordinary collection actions” (like liens on primary homes) for medical debt. Nexa’s systems are fully updated to ensure your outreach is 100% compliant with these new Virginia-specific mandates.
2. Can you garnish wages in Virginia for unpaid business debt?
Yes. Once we obtain a judgment in a Virginia court, we can initiate a “Garnishment Summons.” Virginia allows for the seizure of a portion of the debtor’s disposable earnings or bank account balances to satisfy the debt.
3. What happens if a debtor has moved out of the Commonwealth?
Nexa’s reach is national. Our skip-tracing and asset-location tools allow us to track debtors across state lines while maintaining strict compliance with both Virginia law and the laws of the destination state.
Ready to Reclaim Your Revenue?
Don’t let unpaid invoices stall your growth in the Commonwealth. Partner with the recovery team that understands Virginia business and the nuances of current state law.