Fairfield Debt Collection Attorney
At Snellings Law LLC, our experienced Fairfield debt collection attorney provides lending and financial institutions throughout the nation with assistance in collecting from debtors that live or maintain assets in the State of New Jersey. These institutions consistently rely on us to collect outstanding debts. You can be confident that our attorneys will be able to offer you trustworthy advice. We will also provide you with the support you need.
Collecting Delinquent Debts
Under New Jersey law, creditors must take action to collect on delinquent accounts within a specified period of time. If a creditor waits too long, it risks losing the right to recover its debts. Additionally, creditors are required to follow the rules imposed by the federal Fair Debt Collections Practices Act (“FDCPA”). If a creditor violates the terms of the FDCPA, it will likely face severe penalties. In light of the various legal requirements associated with collecting a debt, it is crucial that you hire a seasoned Fairfield debt collection attorney who can guide you through the process.
At the outset, our attorneys will send a demand letter to the debtor asking them to provide payment for the outstanding debt. If the debtor does not comply with these demands or fails to respond, we will initiate litigation in the appropriate court. Once your collections lawsuit begins, we will work tirelessly to ensure that you obtain a successful outcome. If you prevail in court, a Fairfield debt collection attorney can also take measures to enforce any judgment against the debtor.
Depositing Bad Checks
While technological advancements have reduced the amount of bad checks, this problem continues to exist. The issue of a bad check arises where a stop payment has been placed on the check before the bank can process it or where the account does not have adequate funds to cover the check. If you attempt to deposit a bad check, your bank will deny you access to the value of the check. It may also impose fines and penalties. A Fairfield debt collection attorney can assist you in recouping any losses that you may have sustained from trying to deposit a bad check.
Collecting on Defaulted Loans
When you receive a loan from a lending institution or bank, the loan will be considered secured or unsecured. A loan will be secured when the debtor provides the creditor collateral that they can repossess in case they default. In contrast, there is no collateral for the creditor to reclaim in the case of an unsecured loan. Nevertheless, creditors have various rights and remedies that they can rely on to recover debts associated with an unsecured loan.
Offering Clients Complete Representation
Our Fairfield debt collection attorney can help you recover different types of debts, including debt related to credit cards, student loans, car loans, and medical bills. To ensure that you can recover your debts, we use a host of different techniques, including:
- Sending letters to debtors demanding payment
- Commencing a lawsuit in a New Jersey court
- Discussing the possibility of settlement
- Obtaining and enforcing judgments
At Snellings Law LLC, our attorneys are also able to assist you in enforcing foreign judgments – out-of-state judgments entered against individuals with assets in New Jersey. We have a comprehensive understanding of how foreign judgments work and can help you collect on these types of judgments.
Contact a Fairfield Debt Collection Attorney Today
Contact Snelling Law LLC at (973) 265-6100 to speak with a seasoned Fairfield debt collection attorney today.