Collections Attorneys Assist Business Owners in Northwestern Arkansas
Fayetteville firm provides skilled legal assistance to help creditors recover unpaid debts
Our economy depends on the free exchange of goods and services for agreed-upon compensation. But when one side of the exchange takes what is offered, then refuses to make the promised payment, the system breaks down, and innocent parties suffer undue hardship. At Gramling Estes Law Firm in Fayetteville, our Arkansas attorneys help businesses of all kinds obtain justice by recovering unpaid debts. State and federal laws in many ways favor the debtor, so attempting to collect what you’re owed without observing the pertinent laws could trigger more trouble than you already have. Unlawful collection practices could expose you to potential penalties and impede your ability to secure what is rightfully yours. We are a reputable law firm, employing highly professional and effective means, so you can be confident in our process and our results.
A highly professional approach to debt collection
Laws such as the Fair Debt Collection Practices Act and Fair Credit Reporting Act protect debtors from aggressive and abusive collection processes. Companies that ignore these statutes risk liability which can be substantial. Our firm operates ethically and fully within the bounds of the law. We have decades of success resolving debt matters involving:
- Contract breaches
- Unpaid residential and commercial rent
- Commercial and residential mortgage arrears
- Unpaid personal loans
- Unpaid secured loans
- Property liens
- Unpaid fees for professional services
We understand there’s more at stake than unpaid bills. Your reputation is also on the line. That’s why we operate in a highly professional manner that reflects positively on you.
Advantages of a debt collection lawyer vs. a debt collection agency
Creditors often resort to a debt collection agency rather than retaining an attorney. Hiring an agency should only be viewed as an intermediate step, since the agency essentially sends the same types of letters and makes the same types of phone calls that you have likely already tried to collect your debt. In the end, legal action is usually the strongest tool you have at your disposal. This is why collection agencies threaten to bring debtors into court, though the agencies are not able to initiate those proceedings themselves.
By contrast, when you hire an attorney, you send a strong signal that you’re serious about resolving the issue appropriately. You might be concerned bringing in legal counsel at the outset of a collection matter, but retaining an attorney does not mean that the case is going to court. There are debt resolution discussions we can have, such as loan workouts and payment plans. But your position in those negotiations is strengthened when the possibility of litigation is plain to see.
Contact a reputable Arkansas law firm for a free debt collection consultation
Gramling Estes Law Firm helps businesses in northwestern Arkansas collect unpaid debts. To schedule a free initial consultation, please call 479-480-4250 or contact us online. Our office is conveniently located at One East Center in Fayetteville.