Dealing with commercial collections is a stressful process for all parties involved but can be especially challenging for creditors who are unsure of how to go about collecting the debts owed.
In many cases, business owners may feel uncomfortable pursuing a debt or seek to work out the debt on their own without assistance. This can often backfire on companies, leaving them with burned bridges and a poor reputation for handling collections, increased time spent chasing down an account and taking valuable time away from business operations, and increase frustration for the business owners and management team if the debtor is unresponsive, aggressive, or obstinate.
When dealing with commercial debt, the debt collection needs to be handled swiftly and efficiently to reduce financial costs and to mitigate damage to a company’s reputation and operations.
Thrift McLemore specializes in handling commercial collections claims, commercial debt recovery, and litigation. We have been successful in collecting past-due assessments, judgments, fines, penalties, loans, and debt on behalf of our clients.
Commercial cases are far more complex than retail collections. Thrift McLemore’s team of expert attorneys is fully knowledgeable on the technical aspects of commercial collections. Our claims practice includes open accounts, unsecured and secured loans, credit cards, automobile loans, student loans, foreign judgments, real property foreclosures, and commercial claims. We represent commercial creditors, financial institutions, government entities, insurance companies, service organizations, and certain individuals in recovering commercial loans.
We are dedicated to being a vital part of a client’s credit and recovery.