Protecting The Rights Of Creditors
There are laws in place to protect the rights of creditors and provide them with options to recover debts owed. However, there are also laws that protect the rights of debtors. As a result, it is important to take the necessary steps and follow the proper procedures in order to avoid liability and to collect your debt efficiently.
The lawyers of Mark Sank & Associates, LLC, have extensive experience protecting the rights of creditors in Connecticut. We are a debt collection law firm, not an agency. As a law firm, we have the ability to take legal action against a debtor that an agency cannot. Let us help you through the process of collecting your debts and protecting your rights under the law.
Weighing Your Options And Pursuing Debtors
Our firm can help you weigh your options and take steps necessary to recover the money due to you, including:
- Locating debtors: Our firm employs the latest technology to locate debtors and perform research before we contact the debtor for payment. This can help us avoid sending notifications to old addresses and calling out-of-date phone numbers.
- Notifications to debtors: When notifying debtors it is important to comply with the Fair Debt Collection Practices Act and other debt collection laws. Our attorneys can help ensure that you follow the proper procedures and steps when contacting debtors.
- Negotiations: Our attorneys and paralegals are skilled negotiators who can work with debtors in order to secure payment of the debt. We also have experience handling cases involving multiple creditors.
- Legal action: Depending on the type of debt involved, our firm can pursue legal action in various ways on your behalf. This may include seeking a mechanic’s lien, executing on assets or commencing a lawsuit in order to enforce your rights as a creditor.
Learn More During A Free 30-Minute Consultation
To learn more about your rights as a creditor and your legal options, contact our firm online or call 203-967-1190. We offer a free 30-minute initial consultation, and we can help you recover the debt you are owed, whether you are a business, debt buyer, or a financial institution.