Collections for Creditors

Creditor Collections

Standing up for creditor's rights

At Strauss, Factor, Laing & Lyons, we help businesses collect both consumer and commercial debts. We develop a strategy tailored to your specific circumstance. If the business owing the debt is still viable, we pursue full compensation. If the business or consumer is in receivership or bankruptcy, we endeavor to collect the greatest possible compensation available. If a consumer or commercial entity owes you money, contact Strauss, Factor, Laing & Lyons. We have helped many businesses collect outstanding debts, and we can help you as well.

Creditor Services

We assist creditors whose cases involve

• Commercial debtors
• Consumer debtors
• Breach of contract
• Bankruptcy
• Receivership

When a creditor sits down with us, we determine the origin of the debt. After that, we send a demand letter to the debtor demanding that they pay. Sometimes, a well-constructed demand letter is the only action necessary. Often, the debtor will call us and settle the claim. If they do not, or there is a dispute about the amount, we may pursue litigation. Sometimes, we employ mediation or arbitration methods in order to resolve the dispute.

Many consumers do not dispute what they owe. Instead, the argument is over what they owe and how quickly they are required to pay the debt. Businesses, however, often dispute the debt itself.

Although we generally handle collection cases on a contingency basis, we can, in some instances, charge an hourly fee as well. To discuss your collection case in further detail, please contact us.

Contact a creditor collection attorney for an initial consultation.