If you’re a business owner in Virginia or Maryland, you may eventually need to collect an outstanding debt from a delinquent customer. If your attempts to recover the debt on your own have proven unsuccessful, it’s time to consider enlisting the services of a professional debt collection attorney.
But how do you go about finding the right one for your business? Keep reading!
How to Find a Debt Collection Attorney
First, a practical approach is to ask your other business owners in your field for a referral. Many businesses in all types of industries hire debt collection attorneys. These businesses can provide potentially valuable recommendations based on their experiences.
Another option is likely how you found this blog… by conducting an online search for debt collection attorneys in Virginia or Maryland! While that’s undoubtedly a great way to get a sense of debt collection attorneys in the area, it’s also a great way to see some reviews about the business before making contact. A caveat here: many of the reviews you see on a debt collection business’s Google Business Profile will be from debtors, which means they are likely negative. People who have been forced to pay their debt generally aren’t happy about it. Keep that in mind when reading Google reviews!
How to Choose a Debt Collection Attorney
Once you’ve identified potential candidates, schedule calls or in-person meetings with them. These calls will allow you to delve deeper into their qualifications, experience, and fee structures. During these meetings, consider asking questions such as:
- What is your track record in collecting debts?
- Can you share your success rate in this regard?
- What are your fee structures?
- Could you outline your debt collection process?
- What are your expectations regarding communication throughout the process?
These are excellent questions to ask a debt collection attorney, and they’ll be happy to answer. In turn, make sure you have the following information ready for them:
- How much delinquent debt you are looking to collect
- How many debtors are on your books
- How long the debt has been outstanding
- Your payment terms
- Any other pertinent info
Once you’ve met with a number of debt collection attorneys, compare and contrast their offerings and make an educated decision!
We’d Love to Be Your Debt Collection Attorney!
By adhering to these guidelines, you can locate a proficient debt collection attorney capable of assisting you in retrieving outstanding debts owed to your business. We are an excellent option for businesses in Virginia and Maryland, and we’d love the chance to earn your business.
Gilliam & Mikula is centrally located in Richmond, Virginia, and serves clients throughout the Commonwealth of Virginia. Our attorneys have over forty years of combined experience in various practice areas, representing individuals and businesses. We are licensed to practice in all General District Courts and Circuit Courts of the state of Maryland and the Commonwealth of Virginia including Central, Tidewater, and Northern Virginia areas.
The attorneys at Gilliam & Mikula are here to smoothly guide you through the “legal maze” and ensure that you achieve the most favorable outcome.
The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information.