Livingston Debt Collection Attorney
At Snellings Law LLC, we have years of experience in representing creditors and financial lenders to secure funds from debtors that reside or own assets in New Jersey. What makes us different from most debt collection firms is that we have our team of attorneys are able to litigate every collection claim we receive. Whether you operate a small or large commercial institution, having a skilled Livingston debt collection attorney working on your behalf can have a major impact. Let us provide you with the support you need.
Why Hire a Livingston Debt Collection Attorney?
Does your business have a large number of delinquent accounts on the books? When customers are unable or are refusing to pay what their debt this can create a cash flow issue. If internal collection methods have been unsuccessful then you’ll likely need to enlist help.
A Livingston debt collection attorney will use various strategies to collect what debtors owe to your company. In addition to multi-communication methods, we can take various legal steps to instill urgency and encourage debtors to pay. Often, correspondence from an attorney in the form of a demand letter or even a phone call is enough to motivate individuals to satisfy their overdue balance.
New Jersey Fair Debt Collection Act
The Fair Debt Collection Act is a set of laws enforced by the Federal Trade Commission. The FDCA protects the rights of consumers. Under this federal law, collection agencies are bound to a set of rules that guides how debts are collected. What happens when a creditor violates the terms outlined in the Fair Debt Collection Act?
Debt collection practices that are perceived as predatory or misleading in nature can be provide grounds for a lawsuit. Since the FTC monitors collection activities, a Livingston debt collection attorney will serve as a protection.
How Can a Livingston Debt Collection Attorney Help?
At Snellings Law LLC, we provide representation for creditors. Our team of lawyers will devise a strategy to recoup your losses. Our Livingston debt collection attorney will handle paperwork for each claim. He will also facilitate a payment settlement that works for both parties. We can collect on the following types of debts:
Loan delinquency occurs when an individual fails to meet the legal obligations of a loan. We help financial institutions get their money back from unsecured and secured loans. A loan is considered secure if the debtor provides collateral. This allows creditors to take ownership of the collateral if the consumer defaults on a loan payment. On the contrary, there is no collateral for an unsecured loan which makes it difficult for creditors to get the money they’re owed.
Although technological advances have greatly reduced the number of bad checks, it’s still an issue that creditors have to deal with. When a stop payment is placed on a check or the account doesn’t have enough funds to cover the check amount this becomes a problem. As a result, creditors are unable to access the funds. In addition, creditors may even incur penalties and fees for attempting to process a bad check.
Our Livingston debt collection attorney is ready to help you recover losses from a delinquent debt, defaulted loans and losses from attempting to deposit a bad check.
Contact a Livingston Debt Collection Attorney Today
We specialize in recovering all types of debt which includes debt related to: credit cards, student loans, mortgages, and medical bills. Also, we can enforce but out of state judgments if the debtor has assets in the state. Contact a Livingston debt collection attorney at Snellings Law LLC for a consultation.