Cedar Knolls Debt Collection Attorney
At Snellings Law LLC, we assist lending and financial institutions – including banks and other corporations – collect debts from individuals who own property or reside in the State of New Jersey. An experienced Cedar Knolls debt collection attorney can help you resolve your debt collection case and bring it to an efficient and favorable conclusion.
Helping You Collect Debt
A Cedar Knolls debt collection attorney will vigorously pursue your case by first drafting and sending a demand letter to the debtor. This letter will request that the debtor immediately pay you the outstanding balance. If that step does not work, an attorney may be able to file a lawsuit with a New Jersey court and litigate your case through the court system. Along the way, an attorney may be able to negotiate a settlement of your case with the debtor or take other legal action on your behalf to enforce the judgment.
When a customer lacks sufficient funds to cover a check or prematurely issues a “stop payment,” the check is considered “bad.” A dishonored check will bounce, resulting in fees and other penalties. A Cedar Knolls debt collection attorney can help you recover on a dishonored check.
An experienced debt collection attorney may be able to help you collect on a credit card debt by taking the following legal actions:
- Making a prompt demand for payment.
- Filing a lawsuit and litigating the case through the New Jersey court system.
- Utilizing post-judgment collection actions, such as liens and wage garnishments.
When a court orders that a debtor/employee’s wages be garnished, the outstanding debt can be satisfied directly from the debtor/employee’s salary. Our attorneys also use replevins and recording liens as a way to enforce outstanding judgments. In some cases, the judgment at issue is an out-of-state judgment entered against a debtor who owns property somewhere in New Jersey. This is a “foreign judgment.” A Cedar Knolls debt collection attorney can help you domesticate the foreign judgment in the State of New Jersey. Your attorney may then be able to pursue a post-judgment collection action on your behalf.
Loans may involve both secured and unsecured debts. In a secured transaction, the asset itself, such as a home or a motor vehicle, serves as the collateral for the loan. If the debtor defaults, the bank may then be able to repossess the asset. An unsecured transaction, such as credit card debt, student loan debt, or unpaid medical bill, does not include a seizable asset in the event of a debtor’s default. A Cedar Knolls debt collection attorney can assist you with collecting on both secured debts and unsecured debts.
Contact a Cedar Knolls Debt Collection Attorney Today for an Initial Case Evaluation and Legal Consultation
The debt collection process can be both long and tedious without the assistance of a knowledgeable debt collection lawyer. A debt collection attorney at Snellings Law LLC can assist you with your case by providing you with both legal advice and debt collection services. Our knowledgeable team of attorneys can help to make the debt collection process as painless as possible for you. We provide you with flexible meeting times, as well as a convenient location with free parking on the premises. You can reach a Cedar Knolls debt collection attorney at Snellings Law LLC by calling (973) 265-6100, for a free initial consultation and case evaluation.