Debt Collection

What we Do

For Businesses

• Commercial Debt Collection: We assist businesses in recovering outstanding debts from other businesses, ensuring compliance with all relevant laws and regulations.

• Pre-Litigation Collection: Our team engages in negotiations and settlements before proceeding to litigation, aiming to resolve matters quickly and cost-effectively.

• Litigation and Enforcement: If necessary, we represent clients in court to obtain judgments and enforce collections through various legal mechanisms, such as garnishments, liens, and seizures.

• Credit Control Advice: We provide advice on credit control procedures to minimize future debt issues, including drafting and reviewing credit agreements and terms of business.

For Individuals

• Personal Debt Collection: We help individuals recover personal debts, including loans to friends or family members, unpaid wages, and other personal financial obligations.

• Dispute Resolution: We offer mediation and negotiation services to resolve debt disputes amicably, avoiding the need for costly and time-consuming litigation.

• Legal Representation: Our attorneys represent individuals in court to obtain judgments for unpaid debts and enforce those judgments effectively.

Specialized Debt Collection Services

• International Debt Collection: We have experience in handling cross-border debt collection, leveraging our network of international partners to recover debts from overseas entities.

• High-Value Debt Collection: Our team specializes in the collection of high-value debts, employing sophisticated strategies to recover significant sums.

• Debt Recovery for Financial Institutions: We provide tailored debt recovery services for banks, credit unions, and other financial institutions, ensuring compliance with industry regulations and standards.

• Debt Recovery for Landlords: We assist landlords in recovering unpaid rent and other property-related debts from tenants, including eviction proceedings if necessary.

Our Process

1. Initial Consultation: We begin with an in-depth consultation to understand your specific needs and circumstances, allowing us to develop a tailored debt recovery strategy.

2. Assessment and Planning: We assess the viability of the debt recovery process and plan the most effective approach, considering the debtor’s financial situation and any potential legal challenges.

3. Demand Letter: Our team issues a formal demand letter to the debtor, outlining the amount owed and the consequences of non-payment.

4. Negotiation and Settlement: We engage in negotiations with the debtor to secure payment or agree on a settlement plan that satisfies both parties.

5. Litigation: If negotiation fails, we proceed with legal action to obtain a judgment against the debtor. Our attorneys are experienced in representing clients in court and achieving favorable outcomes.

6. Enforcement: Once a judgment is obtained, we employ various enforcement methods to ensure the debt is paid, such as wage garnishments, property liens, and bank account levies.

7. Ongoing Support: We provide ongoing support and advice throughout the debt recovery process, keeping you informed at every step and ensuring that your interests are protected.

Why Choose Us?

• Expertise and Experience: Our team of debt collection attorneys has extensive experience and a proven track record of successfully recovering debts for our clients.

• Personalized Service: We offer personalized service tailored to your specific needs, ensuring that our approach is aligned with your goals and circumstances.

• Efficient and Effective: We employ efficient and effective strategies to recover debts quickly and with minimal disruption to your business or personal life.

• Transparent Fees: We provide clear and transparent fee structures, ensuring that you understand the costs involved and receive value for your investment.

• Legal Compliance: We ensure that all debt collection activities comply with relevant laws and regulations, protecting your rights and reputation.

Contact Us

If you need assistance with debt collection, contact PM & CO today. Our dedicated team is here to provide the support and representation you need to recover outstanding debts efficiently and legally.