Are you tired of sending your customers multiple notices to pay the debts that they have with your business and not getting a response? Are you owed thousands of dollars and you fear that you won’t ever get your money? If so, you want to hire commercial litigation lawyers to go after the outstanding bill holders. Here are a few reasons why you want to hire lawyers instead of a debt collection agency.
Legal Warnings and Action Require Protocol
Under the Fair Debt Collection Practices Act it’s important that all protocols and laws are followed when collecting unpaid debt. Unfortunately, debt collection companies have been targeted in the media and sued because they employees get overly ambitious about collecting debts and they have been known to break common laws. You don’t have to worry about this when you hire a professional litigation team to recover your debts, because the legal professionals wouldn’t jeopardize their career or reputation, and they do everything by the book.
Tracking Down People is Time Consuming
It can take a lot of time for people in your office to track down the debtors that owe you money, especially if they don’t have the proper resources. A debt collection lawyer can use public records to easily track down the debtor, and to serve them with the final warnings needed to take action to get your debts. Let a legal team do all of the work for you.
Take Legal Action
If you want to go after someone legally to get the debt paid you’ll need a commercial litigation lawyer ad team, so it’s best to start with one when you are seeking debt collection help. The team will put all of the cases in front of a judge to get permission to serve the debtors with legal papers, and to potentially garnish their wages to get the money that is owed.
Pay a Fraction of the Debt Owed
The lawyers are going to get a fraction of the money that they collect, and you’re going to get a majority of the money so you can finally get paid for your losses. Talk with the legal teams in your area to see what the different rates are for this service.
Debt collection lawyers work fast and to the point, to get you the money that your customers owe. Don’t waste any more time struggling financially or trying to get the money on your own and take action.