Comprehensive Newark Debt Collection Attorney
At Snellings Law LLC, we provide commercial debt collection and litigation services. We also enforce creditor’s rights nationwide for small and large companies, finance companies, banks, and other lenders seeking to collect outstanding debts from New Jersey debtors or foreign debtors with property located in New Jersey. A dedicated Newark debt collection attorney will use his experience and knowledge to recover what is rightfully owed you, as well as save you time and money along the way.
We Help Collect Overdue Debts
If your borrower is delinquent on a debt, our seasoned legal team will work hard to pursue your rights. While navigating through strict debt collection laws, our Newark debt collection attorney will:
- Send a firm demand letter
- File a collections lawsuit with the appropriate court in a timely manner
- Aggressively negotiate or litigate your collections claim
- Tenaciously enforce your favorable judgment
We Provide Comprehensive Services
We can help you irrespective of the location of your business or lending institution if your borrowers are located, or have property, in New Jersey. Proudly serving as local counsel for numerous businesses, corporations, and companies nationwide, we assist in a variety of areas, including:
Recovering bad checks
If you were given a dishonored check, we can help. A check is “bad” if a customer or vendor wrote you a check but has insufficient funds to cover the check or they issued a “stop payment” on that check.
Collecting outstanding credit card debts
If a borrower’s credit card bill is overdue, a Newark debt collection attorney will take swift action to subsequently recover the amount due. This includes both pre-judgment and post-judgment actions, such as making a demand for payment, filing suit, negotiating payments, and enforcing your judgment with post-judgment collection actions, such as liens or wage garnishment.
Docketing foreign judgments
If a judgment-debtor owns property in New Jersey, you may still pursue post-judgment collection actions against that property. This is true even if the judgment you obtained against the debtor is from a different (called “foreign”) state. Our Newark debt collection attorney can help you make the foreign judgment enforceable in New Jersey by domesticating the foreign judgment.
Judgments are not effective unless you take action to enforce it. Our Newark debt collection attorney will use all legal tools to enforce your judgment. These legal tools may include replevins, garnishments and recording liens.
Recovering overdue loans
We can help you recover outstanding secured and unsecured debts.
A secured debt is a loan that has the added security of a collateral asset. This is when the borrower pledges an asset to the lender and consents to the lender’s ownership and possession of the asset if the borrower cannot timely repay the loan. Examples of secured debts include car loans and home mortgages.
An unsecured debt is a loan that has no security of a collateral asset. The lender is not pledged an asset in case of default. Outstanding credit card, student loans, and medical bills are examples of unsecured debts.
Collecting outstanding extensions of credit
Our Newark debt collection attorney can also help you collect outstanding extensions of credit. This includes personal guaranties, letters of credit, or promissory notes. A promissory note is an executed document where the borrower provides a written promise to pay a stated sum to a specified lender at an expressed date or on the lender’s demand.
Call a Seasoned Newark Debt Collection Attorney for Your Collection Needs
Irrespective of the type of collection assistance you need, a Newark debt collection attorney at Snellings Law, LLC can assist you in pursuing your rights as a creditor. We place your concerns first; moreover, we endeavor to achieve your goals. Contact Snelling Law LLC at 973-265-6100 or through our website today. We have flexible hours by appointment to meet your needs. In addition, we are conveniently located near public transportation and have accessible parking.