Michigan Debt Collection Attorney Protects Creditors’ Rights

Do you have too many unpaid invoices due to delinquent paying customers?

Are you curious to know what your rights are with your unpaid invoices?

Debt collection can be a frustrating process, but in some cases it’s the only way to get debtors to pay on outstanding debts.

Muller Law Firm debt collection attorneys in Michigan protect the rights of creditors in many different types of industries including manufacturing, financial services, insurance, advertising, information technology, communications, and more. Findlaw tells us that there are several ways to approach collecting your debts:

“When a business's customer fails to pay his or her debts, the business (as a "creditor" to which the debt is owed) has several available remedies to help collect the money from the customer (as "debtor").  These methods include remedies that do not require court involvement (called "self-help" remedies), and remedies that do involve the courts, discussed in more detail below.

“Many creditors' first attempts at debt collection do not involve the courts.  First, the creditor may simply contact the debtor directly and demand payment.  If these attempts fail, the creditor may transfer the debtor's account to another business whose focus is debt collection.  The practices of these debt collection agencies are regulated in order to avoid abuses.  For instance, the Fair Debt Collection Practices Act (FDCPA) prescribes how, when, and where debtors may be contacted, and prohibits deceptive practices.  If a debt collector violates the act, the debtor may be entitled to recover damages.  The FDCPA applies only to persons who regularly collect debts owed to someone else, but not to creditors collecting their own debts.”

 

If you’re a business owner, you may decide that having a collection law firm work on your unpaid invoices is your best choice. That’s an area we specialize in, and we’re happy to discuss your options. 

Frequently Asked Questions  

What steps do I need to start taking in order to avoid bankruptcy? 

If you think you’re digging yourself into a hole you don’t see yourself getting out of, you should seek help from investors, friends, and family. Our firm doesn’t handle bankruptcy filings, so you’ll have to find a firm that specializes in bankruptcy when the time comes to file.

Is there anything I can do to protect my rights before starting a business?

Consult a CPA, as well as a law firm that specializes in start up business. We don’t handle this line of law, but we can refer you to trusted firms that do.

If I decide to file a claim, how much of my settlement will go toward fees? 

We would have to review your case before we can make a commitment. However, our normal contingency fee is 25% without suit, 30% if litigation is filed. 

Are you worried you may have to shut down your business due to unpaid invoices? 

We can help you in in-state, out of state, and international judgment collections and enforcement. Contact our Michigan debt collection attorneys today at (248) 645-2440 for a free no obligation consultation.