Dayton Collections Litigation Attorneys
At StachlerHarmon, our lawyers have the large firm experience that companies recognize on a whole different scale. As a smaller firm, we are agile and efficient in pursuing the collections problems of our clients in smart ways. We can dedicate our time and effort to maximizing your the recoverable amount, even without litigation.
But when necessary, our team stands ready go to court to obtain favorable judgments for our clients and to pursue post-judgment satisfaction of the debt.
Factors That Impact Litigation
Typically, most debt collection actions resolve before a courtroom has to come into play in any way. Collection efforts such as calls or direct contact are usually enough to get most delinquent debtors to move forward. However, there are many factors that can influence whether a given debt goes to court or how it will be resolved in court:
- Debtor solvency: Every debtor has a baseline for assets and cashflow to debt load, and if a debtor’s is beyond their ability to manage those factors, they’ll go delinquent.
- Secured and unsecured debts: One of the priorities in debt collection is whether a debt is secured or unsecured. If a debt is backed up by collateral, such as in mortgages and other larger debts, it will have priority over an unsecured debts.
- Liens and other real property based claims: Even in a secured debt, a conflicting claim on the property, such as a mechanic’s lien, can complicate your ability to recover through liquidation efforts. This is especially important in commercial property foreclosures..
- Bankruptcy: One of the most effective tools that a debtor has to take control of their debt problems is the bankruptcy code. When they file for bankruptcy, it will raise difficulties for you and make it much more troublesome to get what you are owed.
In collections litigation, both as part of bankruptcy and wholly separate from it, you must have a team of attorneys who understand how to pursue debts along the fine line that minimizes the risks. Our attorneys are able to pursue what you need through legal options that do not cross boundaries of collections law and jeopardize what your owe.
Representing Creditors’ Rights In Bankruptcy Proceedings
From receiverships to all other types of bankruptcy we understand the stakes facing creditors who must defend their interests in Bankruptcy court. Our team’s experience in these matters means you can have confidence that we can effectively defend the creditors
Contact A Firm You Can Trust
In Dayton, collections litigation is not a simple form of law. It’s one of the most complex and worst understood areas of the law. But with our help, you can understand and overcome a highly challenging area and come out on top. Call our firm at 937-250-1912 or send an email using this online form.
