OHIO Debt Collection Lawyers
Think of someone that owes you money who either refuses to pay, or claims payment is impossible. Do you feel cheated? “The check is in the mail,” becomes an often-heard promise designed to delay you from trying to collect. Businesses are all too familiar with the client that accepted services or goods, only to refuse to pay. Uncollected debts can cause you legal problems, because your cash flow often depends on you collecting from those that owe you money.
Not all debts owed are alike. There are commercial debts, consumer debts, debts based on a handshake, debts based on written contracts, secured debts and unsecured debts. The type of debt being collected will affect how you should proceed in trying to collect the debt.
When you have no other recourse, it’s best to hire an attorney to be your debt collector instead of simply letting your debtor get away with not paying you. We help individual people, retail businesses, professionals, corporate clients, and banking clients collect money owed. At Phillips Law Firm, Inc., we keep each client in compliance with the law when collecting the debt, whether it be collecting on a loan to a former friend or foreclosing on a mortgage. We strictly follow the federal and state laws that protect consumers from unlawful debt collection practices. We use a variety of lawful collection mechanisms when representing our clients. For example, if the person owes you money for something considered to be “consumer debt,” then the debt is subject to the Fair Debt Collection Practices Act, and a proper notice informing the debtor must be provided when attempting to collect the debt. As another example, if you are foreclosing on a mortgage, many protective laws have been passed to protect homeowners.
The attorneys at Phillips Law Firm, Inc., would be happy to do your collection work for you. Typically, we start with the “strong letter, lawsuit to follow” approach to collection matters. We do not tolerate excuses from those who owe you money. When appropriate, we file lawsuits, obtain judgments, garnish wages, and seize assets to collect what is owed to you. Depending on the situation, we may work on a contingency fee, meaning that we only get paid if we collect the money that is owed to you, and then we keep a percentage of what we collect for you. If you are owed money and want to collect it, contact the attorneys at Phillips Law Firm, Inc. for assistance.