Collections
There are millions of financial transactions every day, and businesses inevitably face situations where clients or customers fail to pay their bills. Whether dealing with personal debts or commercial transactions, businesses and individuals can experience significant financial burden when payment isn’t received. In these situations, having an experienced attorney involved in the collection process greatly increases the chances of recovering debts, even if the debtor files for bankruptcy protection.
“We aim to not only collect what you are owed but also to preserve valuable business relationships with debtors.”
How We Can Help
Wold Johnson has decades of experience securing payment for clients through various methods. We understand that our clients need more than just debt recovery; they also aim to maintain business relationships where possible. With a deep understanding of state and federal debt collection law, we approach debt collection with professionalism and efficiency.
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Delinquent Accounts: We assist clients in recovering overdue bills, sometimes with simple communications such as a letter from an attorney, which can often prompt quicker action than repeated contact from the business itself. We guide you through the collection process, advising on the most effective actions, such as financial settlements, workouts, or confessions of judgment.
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Litigation and Bankruptcy: In certain cases, litigation is necessary. We offer straightforward advice about your options, chances of success, and potential costs. If litigation is required, our firm is skilled at handling collection matters efficiently. We also represent creditors in bankruptcy matters (Chapter 7, 11, and 13), ensuring that your rights are protected even if the debtor files for bankruptcy.
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Debt Collection: With a judgment in place, we provide legal assistance to enforce the collection of debts, including child support and spousal support. Our attorneys know how to locate assets and pursue enforcement through methods such as garnishments, judgment debtor examinations, foreclosure actions, and more.
Our goal is to provide professional and cost-effective representation, helping clients maximize their collections and improve cash flow.
