TYPES OF COLLECTION ATTORNEYS PART ONE
Collection attorneys begin the process of negotiation with debtors to help collect on money that is owed to a creditor. While they are not popular with the debtors, they provide an invaluable service to the company hiring them. The fees charged for their services are much less than what a company would spend having an employee attempt to collect on bad debt.
For companies that wish to hire a collection attorney there are several types for them to select from. Depending on the type of debt that is owed, and the type of collection that is needed will help solicit the type of collection attorney that is hired. Collection is an art of negotiation, and creditors want to find the type that best fits their needs.
No comments:
Post a Comment