Debt Collection Attorneys in Lowell
Debt collection, especially one that has been active for a long time, is a long tiresome process. Some debtors will take you in circles, keeping the debt for years, which requires you to get intervention from a lawyer.
Whether you need help with individual, commercial, or business debt collection in Lowell, Boston, Goldenberg and Oriel law offices are your best shot. With 60 years of combined experience between David Goldberg and Chelsey Oriel, you are guaranteed the best legal representation for collecting your debt in Massachusetts.
We have built our law firm around the philosophy of doing what is best for our clients, no matter the amount or type of debt.
When it comes time to collect your debt, we are aggressive and mean what we say. We give your debtor a timeline to repay the debt, and if they fail to do that, we go to trial. We offer timely services and respond to all questions you might have in detail and respectfully.
We believe that everybody, whether an individual, business partner, supplier, or client, should be held responsible and pay their debts in full. Therefore, we guarantee our clients to retrieve as much of their money as possible at the best time.
Before working with our clients, we provide a written fee agreement detailing the amount for our services, payment method, and payment schedule.
Debt Collection Process
We first ask why and how the debt came around and the relationship between you and the debtor. Most times, clients seek the help of a law firm to collect debts when the relationship between them and the debtor is broken.
We then write a demand letter to the debtor demanding they make the payment. We personalize the letter, so the debtor knows it is not a mass collection letter mailing. This way, the debtor understands the seriousness of the matter and that if they don’t pay, we will file suit.
If the debtor does not pay within our timeline we give them; we file suit. Our law firm is dedicated to providing customer satisfaction, so we use all the tools we can to recover your money.
If your debtor has real estate or an open bank account, we will approach a judge and ask them to issue an attachment against those assets. These processes take time, but our well-trained and experienced lawyers do it in a timely way.
We understand that we cannot make money without collecting your debt, so the faster we do it, the better for both of us. We strive to collect all debts professionally, maintaining our reputation and that of our clients.
Many people know that collecting a debt from older delinquent commercial accounts is harder. Experts say that when the delinquent account hits the 90-day mark, you will likely collect three-quarters or less of the total debt if the debtor still has the money to pay. After 90 days, the amount you will retrieve declines as time goes by.
When you hire us, we will ensure you get as much money back as possible. Whether you or your business are owed by a Mom & Pop operation or big corporations, we are dedicated to helping you collect the debt. We serve people in Lowell, Boston, and the whole of Massachusetts.
Even if you have several accounts, individuals, or businesses owing you, there is no need to hire more than one debt collection agency because we can help you recover all the money from all accounts. Our comprehensive and centralized collection approach also helps you recover money from other parts of the United States. This way, you save money, resources, and time you would have spent paying several agencies, and you can now direct it to improve your business.
Our clients should note that we are debt collection attorneys and not a debt collection agency, meaning that our operations differ from those of agencies. We file suit in whatever state your debtor or their business is in and lien their available assets to recover the money. Even if the person or business moves to a different city or state, we have the resources and expertise to track them, pursue, file suit, and recover your money. We do all these in compliance with the laws in your debtor’s location.
We believe in providing services to all clients around Lowell and Massachusetts. We have a contingent fee agreement that states that we don’t make money unless we help our clients retrieve their money. This motivates us to collect as much money as possible from the debtor and in as little time as possible.
Our contingent fees range from 30% to 40%, depending on your case. If the process involves only sending a demand letter and your debtor pays, we may reduce the amount to 25%. If you have several debt collection cases, we usually offer a one-time percentage, usually lower.