Accomplished Pittsburgh Commercial Collection Attorneys Recover Debt
Strategic Pennsylvania lawyers hold businesses accountable for owed funds
One of the biggest risks of doing business is the possibility that another company will fail to make promised payments for your goods or services. The experienced business law attorneys at Feldstein Grinberg Lang & McKee, P.C. in Pittsburgh employ effective strategies to collect on delinquent accounts, both for business-to-business debts and for consumer debts. We walk the fine line between diligently recovering the money you are owed and representing your business in a positive and ethical manner.
What types of commercial accounts are subject to collection?
If a business in breach of contract does not respond to debt collection letters or offer to negotiate a fair payment plan, the decision to litigate or not squarely resides with you. In most cases, you are also in control of whether or not to accept partial payment from the defaulting debtor. The amount of debt, your relationship with the debtor, the age of the past-due payment, the expense of litigation and the debtor’s ability to pay are all factors to consider. If there is a large amount of money involved, there are no issues with the contract that may complicate the litigation, and you do not have an ongoing business relationship with the debtor, a collections lawsuit is usually in order. Our business litigation team is skilled at taking the steps necessary to enforce your rights as a creditor.
The Fair Debt Collection Practices Act (FDCPA) prohibits certain aggressive methods when dealing with consumer debts. However, the law does not apply to commercial debts.
Skilled business law firm provides services not offered by collection agencies
Many businesses choose to hire a collection agency to recover the payments they are due. However, there are a number of advantages to hiring an experienced business-services lawyer to handle your collection needs. An attorney can take the following actions that a collection agency cannot:
- File a lawsuit — A commercial debtor may shrug off a demand letter from a collection agency. But the threat of being taken to court with a debt recovery lawsuit can often be enough to make the business pay what is owed.
- Carry out thorough investigation and discovery — We can find a debtor’s real property and other assets, including sources of income.
- Question a debtor under oath — Our firm can seek an order to question a commercial debtor about its business assets in court. The debtor must answer honestly or risk being charged with the criminal offense of perjury.
- Pursue recovery through other legal remedies — If a business does not pay up after receiving a court order to do so, we can pursue collection through property liens, business asset garnishment and asset seizure.
Your attorney also lends an air of professionalism to your debt collection effort. A debt collector does not have that kind of reputation.
Trying to collect commercial debts on your own or assigning an employee to the task can divert important resources from crucial projects and day-to-day tasks. Choosing a professional and ethical legal team to handle the job lets you keep your attention on business, with the confidence that collection efforts are being pursued efficiently.
Contact trusted Pennsylvania commercial collection attorneys for help recovering money
The business law attorneys at Feldstein Grinberg Lang & McKee, P.C. in Pittsburgh collect commercial debts on behalf of Pennsylvania companies. To schedule a free, 15-minute case evaluation, call us at 412-436-5788 or contact us online.