DEBT RECOVERY

  • Debt Collection Letters: Sending official letters to debtors, demanding payment and outlining the consequences of non-payment.
  • Negotiation and Settlement: Engaging in negotiations with debtors to reach a settlement or repayment plan that satisfies both parties.
  • Mediation and Alternative Dispute Resolution: Facilitating mediation or alternative dispute resolution methods to reach an agreement between the creditor and debtor.
  • Legal Action: Initiating legal action, such as filing a lawsuit, to obtain a court judgment against the debtor for the outstanding debt.
  • Judgments and Orders Enforcement: Assisting with the enforcement of court judgments or orders, which may involve garnishing wages, attaching assets, or placing liens on property.
  • Skip Tracing: Using various investigative techniques to locate debtors who have become difficult to find.
  • Compliance with Debt Collection Laws: Ensuring that all debt collection activities comply with relevant debt collection laws and regulations.
  • Bankruptcy Proceedings: Representing creditors in bankruptcy cases to protect their interests and recover debts when debtors file for bankruptcy.
  • Demand Letters and Legal Notices: Drafting and sending formal demand letters and legal notices to debtors, warning them of potential legal consequences if they fail to repay their debts.
  • Litigation and Representation: Representing creditors in court during debt-related lawsuits or legal proceedings.
  • Debt Portfolio Review: Reviewing and assessing a creditor’s debt portfolio to develop effective debt recovery strategies.

Actum Legal