Collection Attorneys
Collections-Creditors Rights Attorneys in
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The Fealy Law Firm, P.C.
Houston, TX
866-751-1087
Free Consultation -
Joel H. Klein & Associates
San Antonio, TX
866-225-4382 -
A Singer & Associates
Agoura, CA
866-640-9207
Free Consultation -
Miles, Bauer, Bergstrom & Winters, LLP
Costa Mesa, CA
866-313-6015
Free Consultation
Find Collections-Creditors Rights Attorneys By State
Collection Attorneys
What is the main role of a Collection Attorney?
Collection attorneys specialize in collections/creditor rights and represent businesses, collection agencies, banks, credit unions and health care providers, and other commercial creditors in the collection of debts, as well as the protection and enforcement of creditor rights and remedies, including remedies when a debtor has filed for bankruptcy protection.
How can I collect my debt from a debtor?
It depends on the type of debt that is owed to you. There are two types of debt:
- Secured Debt: A debt that has some form of property that is used as collateral to secure the debt. For example: a home loan is secured by the house. If the debtor doesn't pay his/her mortgage, the creditor can foreclose and take the house to repay the debt. Another example is a car loan. If the debtor doesn't pay the car note, the car can be repossessed, sold at an auction to recoup most if not all of the debt. If any debt is left over after the car is sold, the creditor can then hold the debtor liable for the remainder of what is owed. Collection on what is left is done in a similar manner as collecting an unsecured debt (described below).
- Unsecured Debt: A debt that doesn't have any form of property the creditor can take as collateral. Collection attorneys have a harder time collecting these kinds of debts. Creditor rights attorneys suggest that you continue sending reminders and demand letters. If the debtor still doesn't pay, you can hire a collection agency. Your last resort is to file a lawsuit against the debtor and secure a judgment against him/her through the courts.
Should I hire a Collection Attorney?
There are many confusing legal procedures involved with getting a debtor to pay back a debt. An experienced collection attorney can help you limit your own liability and increase your chances of collecting the debt. If you take the debtor to court, a collection attorney will help you secure a judgment against the debtor, thereby increasing your chances of collecting the debt.
Frequently Asked Questions
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Where Should I Report Violations Of The Law?
Although the FTC can't act as your lawyer in private disputes, information about your experiences and concerns is vital to the enforcement of the Fair Credit Reporting Act. Send your questions or … more -
Can I Garnish a Debtor’s Wages to Satisfy What He/She Owes Me?
Many states allow a creditor to garnish the wages of a debtor who has defaulted on his or her loan payments if certain conditions are met. For example, most states limit the amount of a … more -
Will I Ever Get Paid if the Debtor Files Bankruptcy?
That depends. You must participate in the bankruptcy proceedings and you may desire legal representation depending on the complexity of the case, the legal priority of your debt and the … more -
What is a Receivership?
Generally, a receiver is appointed by a judge to collect and appropriately distribute a person’s assets in accordance with a judicial judgment. If a receiver has been appointed for your … more
