Minnesota Debt Collections Attorneys

Unpaid debts cost businesses a lot of money and there are times in which their own debt collection methods are not enough. What they need is an authority in debt collection so that the debt is paid. There is nothing wrong with obtaining some help, especially from an attorney.

We represent both businesses and individuals in collecting debts that are owed to them. Those we help include landlords, businesses, banks, individuals, contractors, and subcontractors. If you find that you need to begin the debt collection process, we can guide and advise you in the process.

Debt Collection Options

The obvious solution to a debt is to collect payment for that debt without having to go to court to obtain it. Going to court can be costly. However, the amount of the debt is going to determine whether or not it is worth the cost of going to court. In some cases, court may not be an option. This doesn’t mean the debt cannot be collected.

When we work to collect a debt, we do all that we can to collect it without having to go to court. However, if we must we will pursue the debt in court. This includes foreclosing liens and mortgages, obtaining judgments, and recovering collateral if there was collateral involved in securing the debt. Once a judgment is obtained, we have the experience needed for investment and bank account levies, wage garnishment, sales of assets, and sheriff’s sales.

Collection Practices

Adhering to debt collection law is a priority. This means not calling outside of the legal window to call the debtor. Just like collections agencies cannot use abusive practices, Minneapolis debt collections attorneys cannot either. This means not threatening debtors or being abusive in any other way. Not only are such practices illegal, but they can actually deter individuals from paying their debts and make the process much more complicated.

The practices that we use include written correspondence so that a debtor knows who is contacting them, why, and who they need to talk to in paying the debt. When individuals are approached in a respectful manner that shows them a willingness to work with them, they are more likely to pay their debt than to ignore it.

Collections Success

We have a high success rate in collecting debts. We owe this to our experience and the practices that we use. Of course, not every debt is collected for a variety of reasons. One of those reasons is that the debt may be a low dollar debt. Nevertheless, the unpaid debt will be reported onto the credit report of the individual who owes it. However, with the ability to take the debt into the court system and achieve optimal results, most debts are recovered. This is especially true for high dollar debt due to wage garnishment and other court ordered repayment methods, which relieves the concerns of many of the businesses and individuals that utilize our collections services.

MN Debt Collections Lawyers

If you are a business trying to collect a debt without much success, let Myles A. Schneider & Associates work for you. We will contact those that owe you money in adherence with the law and in a manner that has a high success rate of obtaining repayment of the debt. Call us today at 763-315-1100 or fill out the form on this page for your free consultation and see what we will do to recover the money that is owed to you.

Contact us today at 763-315-1100 to schedule a free consultation with our law firm.