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How can a collections commercial litigation attorney help businesses?
Commercial litigation attorneys can help business owners collecting the money that is owed to them.
Commercial litigation attorneys can take immediate action to reclaim the debts and property that is owed to business owners.
Breaches of contract are the most common cause for commercial disputes. A commercial litigation attorney can recover money lost due to services not rendered, promissory notes, goods sold but not delivered, or past judgments not paid.
When contracts are breached and businesses are not paid or delivered goods and services, it causes serious problems. Small businesses could even be at risk for closing.
What are some examples of reasons why a business might be owed money?
- They may not have the money
- Irresponsible borrowers
- Disputes over contract terms
- Disputes over product or service quality
- Bankruptcies
What actions can a collections commercial litigation attorney take?
- Preliminary injunctions
- Garnishments
- Freeze assets
- Liens
- Court Orders
- Attachments
- Lawsuits
- Contesting bankruptcy protection
- Piercing the corporate veil
- Settlement negotiations
What are the benefits of using a commercial litigation attorney for collections?
It can be a cost-effective solution. If the debt is a high amount, they may be able to recover a significant amount of it for you. Having an attorney handle the issue frees up the business owner to return to running their business.
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