Collections
Pennsylvania Collections Attorney
The Martin Law Firm is a Pennsylvania debt collection law firm handling commercial debt collection matters in Montgomery County, Philadelphia County, Delaware County, Bucks County, Northampton County and Chester County. From our office in Blue Bell, in Montgomery County, PA, located just outside of Philadelphia, PA, the Martin Law Firm has successfully assisted many of its business clients in commercial debt collection actions across Pennsylvania. The Martin Law Firm takes a fast, aggressive approach to the collection of clients’ accounts receivables with client-focused debt collection strategies.
A collections attorney in Pennsylvania may obtain judgment against the debtor either upon verdict or upon default by the defendant. In many situations, settlements can be reached, sparing our clients much of the time and expense associated with debt collection litigation.
Settlement may require payment in full or a payment arrangement whereby the debtor can satisfy the debt over time, depending on the particular circumstances surrounding each debt collection case. Settlement Agreements must be carefully drafted by an experienced Pennsylvania collections attorney in order to preserve the creditor’s rights and to protect the creditor from further debtor default.
Following judgment, the debt collection process in Pennsylvania continues through the issuance of a Writ of Execution. A Writ of Execution is issued by the Court and directs the county Sheriff to enforce and satisfy a judgment for payment of money. It is through this process that the firm can identify both real and personal property for levy and attachment. While wages in Pennsylvania are generally off-limits to commercial creditors, bank accounts may be located and garnished. An experienced Pennsylvania debt collection law firm like the Martin Law Firm can use a variety of methods to find bank accounts or other assets owned by the debtor.
For contractors and subcontractors, Pennsylvania provides additional remedies through the Mechanic’s Lien laws. Time limitations can bar the filing of this Lien, so it is important that the client seek an attorney immediately.
Legal Fees for Commercial Debt Collections in Pennsylvania
Fees for debt collection are generally determined after careful consideration of the amount of the debt, the length of delinquency, the location of the debtor and the nature of the dispute resulting in the delinquency. Fees are either contingency, hourly, or a combination, and this is agreed upon up-front between the law firm and the client. Court costs and other additional expenses of litigation are typically the responsibility of the client.
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Contact the Martin Law Firm today to speak with an experienced Pennsylvania collections attorney.
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