The business attorneys at Hoover Penrod PLC offer a variety of strategies for helping businesses manage bad debt. As a business litigation firm with decades of experience helping businesses like yours in the Harrisonburg area craft successful commercial collection strategies, we are well positioned to advise you.
Our business litigation firm can help you by:
- Creating strategies to prevent you from incurring bad debt
- Crafting debt collection strategies that are customized to the specific needs of your business
- Correctly notifying debtors of your intention to pursue collection without violating State and Federal Debt Collection Law.
- Negotiating a re-payment plan with your debtor
- Filing suit, if necessary
- Executing on Judgments by pursuing real property, personal property (including intangibles such as stocks and business interests) and garnishing wages and bank accounts
We can also represent your interests if a debtor files for bankruptcy. Our business litigation firm is skilled at protecting your rights in bankruptcy proceedings.
Our philosophy in collections is to creatively use the tools the law makes available to you. If that means working out a debt collection plan with your debtor in a negotiation, we are equipped for that task. And if it means pursuing a legal action through the courts, we are capable of that as well.
If you live in the Harrisonburg, Virginia area and need an experienced business litigation firm to help with your debt collection problems, please contact Hoover Penrod PLC today for a consultation.