Collections law in Texas, Tennessee and

Arkansas

In Texas, Tennessee, and Arkansas, collection law is often confusing. Additionally, as a creditor, collecting payment from a debtor can be time-consuming, frustrating and stressful. An experienced law firm can use judicial, non-judicial, and statutory processes to obtain payment for debts. Hosto Buchan provides trustworthy advice from a team of highly qualified attorneys. The following are ways a skilled collection lawyer can help you with collections:

  • Attachment: Attachment, or a writ of attachment, is a document ordered by the court for the seizure of a piece of property in order to satisfy payment of a debt.
  • Garnishment: By obtaining a judgment or court order you may be able to collect payment for a debt by seizing property that a debtor does not possess.
  • Replevin: You may be able to seize personal goods to satisfy a debt through replevin.

Business debt collections

Operating a business has many advantages. However, one of the greatest challenges of any business is collecting payment. A debtor may fail to make payment for a variety of reasons. He or she may have financial difficulty, prefer to delay payment, or intentionally avoid payment altogether.

Following are recommendations for debt collection:

  • Do not harass the debtor: Make sure the debtor is fully aware of debt, but do not harass him or her. Excessive harassment may lead to a tort claim in court which can significantly affect your chances of collecting payment.
  • Send a demand letter: In addition to a phone call alerting the debtor of the money he or she owes, you may also want to send a demand letter if the debtor fails to send payment. Emphasize the urgency of payment and be sure to save a copy of all correspondences with the debtor.
  • Hire an experienced law firm: A legal office with experience in collections law is an invaluable asset to your business. Knowledgeable attorneys can use skill and tenacity to help you collect debts.

Contact our attorneys for assistance with Texas, Tennessee or Arkansas collection law

Dealing with debtors who refuse payment can be extremely agitating. For Texas, Tennessee and Arkansas collections, our team of seasoned attorneys at Hosto Buchan are ready to offer you personalized legal service you can trust. Contact us online or call us toll free at 888-352-3980.

 

Our Locations

Main Office Arkansas

P.O. Box 3397,
Little Rock, AR 72203

Knoxville Office

301 S. Gallaher View Road
Suite 111
Knoxville, TN 37919

Texas Office

9900 Westpark Drive
Suite 120
Houston, Texas 77063

 
 
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