Scarinci Hollenbeck assists clients with all forms of creditor collection, including, secured and unsecured debts. Our matters can be simple or complex. We provide service in the collection and recovery of debts owed to businesses, organizations, property owners, financial institutions, or individuals.
Often, the best step in resolving debt issues is a legal one. In many instances, the mere presence and participation of a knowledgeable creditors’ attorney can bring a reluctant debtor to heel. In some cases, litigation is necessary. Either way, the Creditor Collections Group uses innovative and collaborative fee structures with its clients in order to help reduce legal expenses and maximize our clients’ total net recovery.
The Group also provides advice and assistance in reducing future debt collection problems. By helping clients develop business contracts and procedures that reduce the risk of litigation going forward, and by drafting clear contract provisions that set the terms more favorably for our clients in the event they do face litigation in the future, the Creditor Collections Group helps set the table for effective, expedited collections and the prospect of maximum recovery.
Areas of Service
Our attorneys are accustomed to dealing with everything from simple demand letters to complex and sophisticated business matters and have many years of experience in handling the myriad financial and legal issues related to debt collection.
As an extension of the firm’s Litigation Department, the Creditor Collections Group provides effective debt collection representation in many different types of commercial matters, including actions brought under the Uniform Commercial Code, tax sale certificate collection, and redemption and execution in foreclosure proceedings. The Group also represents banks and other financial companies in litigation to collect debts and unpaid loans, assists professional service organizations in collecting unpaid fees for services rendered, and also represents residential and commercial property owners in obtaining unpaid rent from their tenants.
In addition, with assistance from attorneys in the firm’s Bankruptcy and Creditors’ Rights Group, the Creditor Collections Group represents creditors in enforcing their rights in Bankruptcy proceedings.