If you are a business owner who is struggling to collect on unpaid debts, it may be time to hire a professional to assist you with your debt collection efforts. While some companies may hire debt collection agencies, many find more success working with a debt collection law firm. Finding the right attorney can be an overwhelming process, legal help can be costly, and you want to be sure you are hiring someone you can trust. Here are 4 tips every business owner needs to know when hiring a debt collection attorney.
#1. Research Past Clients and Ask for Testimonials
Before hiring a debt collection attorney, spend time checking with their previous clients about their experience working with their firm. In most cases, an attorney can provide testimonials from previous clients along with their contact information so you can learn more about what it is like working with the attorney.
#2. Ask Business Friends for Referrals
If you have built relationships with other business owners in your area, they may be able to refer you to an attorney with a solid reputation. In most cases, past performance is the best indicator of how a law firm with handle your debt collection, and this is why word of mouth referrals are invaluable when looking for a new firm.
#3. Ensure the Attorney is Legitimate
Unfortunately, not all debt collection attorneys are legitimate and have simply learned how to appear as if they are. Always make sure your attorney complies with all state regulations and is following the Fair Debt Collection Practices Act.
#4. Compare Each Lawyer’s Fees with Other Agencies in the Area
Before hiring an attorney, check around with other firms in the area to see how they compare on costs. A lawyer’s fees should be competitive, not significantly above or below the average costs in the area.
If you are a business owner and you are looking for a professional and experienced debt collection law firm, click here or call 678-566-6800 to learn more about working with Howe & Associates Debt Collection Attorneys.