Understanding Creditors’ Legal Rights in NY State
At E. Stewart Jones Hacker Murphy LLP, we understand that as a creditor, that the rules are different when it comes to your business trying to collect a commercial debt as opposed to a consumer debt. Because of the current economy, state and federal legislators have enacted tough legislation such as the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA) that protects the consumer. However, we know how to use this legislation to protect our clients’ creditors’ rights and assist them in collecting the compensation they are owed for a product or service rendered.
Why You Will Need an Experienced Creditors’ Rights Lawyer
We understand and help creditors of all types, including those that are engaged in high-value transactions. Our job is to get results and help you recover the money you deserve. Our knowledge of business law and our litigation experience are here to help serve you. The Albany New York creditors’ rights attorneys at our firm conduct an active commercial debt collections practice. Our legal team represents New York businesses in all types of industries. This includes representing creditors in collections and mechanic’s lien disputes. Our goal is to resolve disputes over debts as quickly and efficiently as possible.
Our experienced attorneys know many of these types of claims are time-sensitive, so we encourage our clients to come to us as soon as a problem or dispute arises so we can help preserve their claim and take immediate action to protect their creditors’ rights.
We will help you explore what debt collection procedure or mechanism may accomplish your goals as quickly and efficiently as possible. For instance, one possible option may be pursuing a concession of judgment, which can often avoid the time and expense that litigation usually entails.
Call For Your Confidential Case Consultation
At E. Stewart Jones Hacker Murphy, we pride ourselves on finding creative solutions that help our clients resolve disputes in the most efficient way possible. We also understand that heavy-handed tactics are not always warranted. We can formalize payout agreements with cooperative debtors or negotiate partial payment when full recovery is not feasible.
We will help you explore your legal options for recovering the compensation you are owed as well as present creative solutions that can resolve a creditor dispute while preserving vital business relationships.
To schedule a free consultation with one of our lawyers in Albany, Troy, Schenectady or Saratoga Springs, call us at (518) 274-5820 or contact us by e-mail. Convenient appointments, including evenings and weekends, are available upon request.