Boonton Debt Collection Attorney
At Snellings Law LLC, we help creditors throughout the country collect debts from individuals who are domiciled or have assets in New Jersey. We have a comprehensive understanding of the different rights and remedies afforded creditors under the law. Call us today. An experienced Boonton debt collection attorney can help you navigate the process of collecting a debt.
Debt Collection Techniques
Our attorneys have a variety of different methods that they rely on to help ensure that you recover your debt. These methods include:
- Sending a demand letter to the debtor informing them of their obligation to provide payment immediately
- Commencing a lawsuit in the state or federal courts of New Jersey
- Engaging in settlement discussions
- Obtaining and enforcing a judgment
A check will be considered “bad” when there are not enough funds in the account to cover the payment. When you try to deposit a bad check, you are not only denied access to money that you are legally entitled to, but are also typically assessed bank fees and penalties. A Boonton debt collection attorney can assist you in recovering the value of a bad check and help ensure that you can recuperate any bank fees that you may have incurred.
Credit Card Delinquency
Creditors in the State of New Jersey only have a limited amount of time to collect delinquent credit card debt. Your Boonton debt collection attorney can assist you in recovering this debt. We can employ a host of different tactics, including but not limited to the following:
- Communicating a written demand for payment
- Initiating legal action before the proper court
- Exploring the potential for settlement
- Taking post-judgment enforcement actions
Several different remedies are available to creditors who are interesting in pursuing post-judgment enforcement actions. These remedies include the following:
- garnishing the debtor wages,
- filing a lien against their property, and
- repossessing any collateral that they may have used to secure the debt (i.e., replevin).
While the name is a bit misleading, foreign judgments simply refer to any out-of-state judgments that you may be trying to enforce against a person with assets in New Jersey. If, for example, you are a creditor in Connecticut seeking to recover a debt arising in New Jersey, you may be dealing with a foreign judgment. We have significant experience handling foreign judgments and can help you better understand your enforcements rights under New Jersey law.
Notwithstanding whether the debtor has defaulted on a secured or unsecured loan, a Boonton debt collection attorney can provide you with the assistance needed to collect your debt. Where a loan is secured with property or other assets, you have the right to repossess or foreclose on this collateral upon default. While this remedy is not available for unsecured loans, as in the case of student loans and credit card debts, there are other legal actions you can take to enforce your rights.
Credit Extension Default
Credit extensions are typically made in the form of a personal guarantee on a loan, a letter of credit, or a promissory note. Where a debtor has obtained a credit extension and fails to make the necessary payments, you may need to take swift action to protect your interests. A Boonton debt collection attorney at Snellings Law LLC can assist you in taking these actions to recover your debt.
Contact a Boonton Debt Collection Attorney Today
Contact an experienced Boonton debt collection attorney at Snellings Law LLC today at (973) 355-6819 for a free consultation.