A business is likely to suffer while awaiting payment for outstanding debts. Growth is dependent on the collection for services rendered and goods supplied, which is why you may need a business litigation attorney to help you recover what is owed to you. An experienced collections lawyer can utilize the courts, laws and statutes to provide you with effective collection efforts, as opposed to collection agencies, which are usually limited to mailing out demand letters and making threatening phone calls.
A Dedicated Team
An attorney can focus on addressing the unique nature of your commercial debt and act as your advisor for multiple matters, providing insights, reports and results to ensure your claims are resolved in a timely manner. A lawyer can also review each of your files to identify the proper recovery stream and they can move a file directly to a front-end contingency collection team, send the file to an asset search department, or go to suit.
Commercial balances vary in size and complexity, which is why an attorney can provide an up-front contingent call center collection service and loan workouts prior to any litigation. An attorney can work with debtors early on to restructure an obligation, establish a settlement, develop a repayment program or proceed to post-judgment. This is done to produce the highest dollar recovery in the quickest and most inexpensive method possible.
Attorneys can also look at ideas or approaches that may not be considered elsewhere. Years of experience can help a lawyer formulate a plan they believe is the best way to proceed, with your business interests in mind. Although taking an alternative route may be a hard decision to make, lawyers don’t hesitate, such as advocating a settlement when the costs outweigh the result. Unique alternatives may also be more cost-effective for your business.
Contact Our Commercial Collection Attorneys Today
We understand how important it is for you to manage your commercial recovery business needs. At Hall & Lampros, LLP, our goal is to offer you a thorough and highly effective recovery strategy while minimizing costs, liability and time. Whether you’re dealing with asset seizure, wage garnishment, or negotiation debt settlements, our Atlanta commercial collection lawyers are ready to assist you in any way possible.
Call (404) 876-8100 or contact us online to schedule a free case evaluation.