Law Firm of Collection Attorneys USA Commercial and Consumer Collection Experts

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The Law Firm of Collection Attorneys USA is a team of commercial and consumer collection experts. They have extensive experience in handling various types of debt collection cases.

Their commercial collection services are designed to help businesses recover debts from other companies or individuals. This can include overdue invoices, accounts receivable, and other commercial debts.

The firm's consumer collection services, on the other hand, focus on helping individuals and families recover debts from creditors. This can include debts related to credit cards, medical bills, and personal loans.

Their expertise in both commercial and consumer collection makes them a one-stop-shop for businesses and individuals looking to recover debts.

What Are Collections?

Collections are a way for businesses and individuals to recover money that is owed to them. This can include debts that other collection agencies have given up on.

A collections firm can help recover debts from individuals or businesses. They can also enforce contracts through legal action if there is a breach.

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Collections law firms have the ability to collect debts that other collection agencies have considered uncollectable. This can result in a higher amount of money recovered compared to working with a single agency or none at all.

If a court judgment is obtained against a business or individual, the collection agency can use it to ensure payment.

Debt Collection Process

The debt collection process can be complex, but it's a crucial step in getting paid for the work you've done. Our law firm uses a variety of tactics to obtain payment, starting with a demand letter.

We then move on to filing a suit on account petition, which is a formal request to the court to collect the debt. If the defendant doesn't respond, we can enter a default judgment, which awards the plaintiff the amount claimed, including interest.

Here are the key differences between default judgment and summary judgment:

  • Default Judgment: This is entered when the defendant doesn't respond to the suit, and the court awards the plaintiff the amount claimed.
  • Summary Judgment: This requires more investigation and legal preparation, and involves a notice and a hearing with arguments of counsel.

Both of these options can be effective in collecting debts, but they require different approaches and levels of preparation.

What is Debt Collection

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Debt collection is the process of recovering money owed to a creditor by a debtor. This process can be initiated by a creditor or a debt collection agency.

A debt can be considered delinquent if payments are missed or delayed, typically 30 to 60 days after the due date. The creditor may then send a series of letters or make phone calls to remind the debtor to make payments.

Debt collection involves a range of communication methods, including letters, phone calls, emails, and even personal visits to the debtor's home or workplace. The goal is to persuade the debtor to pay the debt or make arrangements to pay it off.

In the US, debt collectors are regulated by the Fair Debt Collection Practices Act (FDCPA), which prohibits harassment, deception, and other unfair practices.

How We Secure Your Payment

We use a combination of tactics to obtain payment, starting with a demand letter and followed by a suit on account petition. Our attorneys make motions for both default judgment and summary judgment.

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A default judgment is entered when a debt collection claim is filed, but the defendant doesn't respond, resulting in a ruling in the amount claimed by the plaintiff, including interest. This type of judgment is often obtained quickly and efficiently.

Summary judgment, on the other hand, requires more investigation and legal preparation, and involves a notice and a hearing with arguments of counsel. A judge makes the final decision in this type of case.

We also work with banks and other institutions to obtain payment of business debts through prejudgment writs of garnishment. This can be a powerful tool in collecting debts owed to our clients.

Here are the key differences between default judgment and summary judgment:

  • Default Judgment: entered when the defendant doesn't respond, resulting in a ruling in the amount claimed by the plaintiff, including interest.
  • Summary Judgment: requires more investigation and legal preparation, and involves a notice and a hearing with arguments of counsel.

Commercial vs Consumer Collection

Commercial collection law firms are typically larger and more experienced, with a greater number of attorneys and staff members.

They often have a better idea of how to collect from large companies, who may have multiple assets that can be seized in order to pay the debt owed.

Commercial firms tend to have more resources available at their disposal, which can be beneficial in court proceedings or other legal actions necessary for collecting debts.

Consumer collection law firms, on the other hand, tend to focus on collecting debts from individuals rather than businesses or corporations.

Types of Collections

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There are several types of collections, each with its own unique characteristics.

Commercial collections are typically made up of large, complex items such as equipment and furniture.

Consumer collections, on the other hand, are made up of smaller, more personal items like household goods and clothing.

Some collections, like those for estate sales, may include a mix of commercial and consumer items.

These types of collections often require specialized knowledge and expertise to appraise and liquidate.

In contrast, collections like those for garage sales are often simpler and can be handled by the owner themselves.

The type of collection also impacts how it's stored and transported, with commercial collections often requiring more space and specialized equipment.

Benefits of Debt Collection

Debt collection can be a stressful and time-consuming process for businesses, but hiring a law firm's debt collection service can make a big difference. They can help collect on past-due accounts by chasing down customers who haven't paid their bills.

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Collections lawyers can contact customers personally on behalf of the business, until payment is made or an extension is granted. This can help businesses protect their cash flow and avoid financial losses.

For individuals with outstanding debts, hiring collections lawyers can also help protect their credit ratings. A bad credit score can affect everything from getting approved for loans or mortgages to renting apartments.

Doing so can be a financially and emotionally sound decision, as it can be particularly stressful for many people when dealing directly with lenders or debt collectors.

Top Collections Attorneys

You're looking for top-notch collections attorneys to help with your debt collection needs. There are 97 top collections attorneys in the USA, with expertise in handling commercial debt and student loan collections.

These attorneys can be found in various states, including Alabama, California, Florida, and Texas, among others. You can check out the list of collections attorneys by state to find one near you.

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Hiring a collections attorney can make a big difference in getting your money back. They have the experience and knowledge to navigate the legal system and collect debts efficiently. For example, Lori Frank has a record of success with commercial debts and student debt, and she works to resolve outstanding debt through negotiation, mediation, or litigation.

Blake Morris

Blake Morris is a seasoned professional who has been representing creditors and collection agencies for years. He specializes in accounts receivable claims, commercial creditor's rights matters, and judgment enforcement.

Blake Morris has experience handling claims in various industries, including transportation, insurance premium claims, and insurance subrogation claims. He's also knowledgeable about medical and healthcare insurance claims.

His law firm, located at 1214 Cortelyou Rd, Brooklyn, NY 1008, provides top-quality debt recovery litigation services with an experienced staff. You can reach them at (718) 826-8401 or visit their website at www.blakemorris.com.

Blake Morris is committed to delivering the same high level of service and commitment to every client.

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Hiring a collections attorney can make a huge difference in getting paid on time. Collections law firms can help your business collect on past-due accounts by chasing down customers who haven't paid their bills.

A good collections attorney will apply diligence and persistence in collecting judgments, just like they do in obtaining them. They'll file abstracts in areas where the debtor may own property and conduct cost-sensitive research to increase their leverage.

If you've already tried sending invoices and hiring a collection agency, but still don't have your money, a collections lawyer can help. They have the power of the legal system on their side and can get to the money faster and more efficiently.

Collections lawyers like Lori Frank have a record of success with commercial debts and student debt. She works to resolve outstanding debt through negotiation, mediation, or litigation.

Here are some areas where a top collections attorney can help:

  • Appellate Law
  • Business Torts
  • Debt Collection
  • Personal Injury and Wrongful Death
  • Real Estate Litigation

With the right attorney, you can increase your chances of getting paid and recovering your losses.

Contact Information

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Our law firm, Collection Attorneys USA, is committed to providing top-notch services to our clients. We have a dedicated team of experienced attorneys who are well-versed in debt collection laws.

You can reach us at (555) 123-4567, Monday through Friday, from 9am to 5pm EST. Our office is located at 123 Main St, Anytown, USA.

Our website is collectionattorneysusa.com, where you can find more information about our services and contact us through our online form. We respond to all inquiries within 24 hours.

We also have a physical office where you can meet with one of our attorneys in person.

Frequently Asked Questions

Is it worth getting an attorney for a debt collection lawsuit?

Considering hiring an attorney for debt collection lawsuits can be a smart move, especially if you're facing large debts or complex legal issues

How do collections attorneys get paid?

Collections attorneys are typically paid a percentage of the debt collected, usually between 20-30% of the total amount. This means you only pay if they successfully recover the debt.

Angie Ernser

Senior Writer

Angie Ernser is a seasoned writer with a deep interest in financial markets. Her expertise lies in municipal bond investments, where she provides clear and insightful analysis to help readers understand the complexities of municipal bond markets. Ernser's articles are known for their clarity and practical advice, making them a valuable resource for both novice and experienced investors.

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