Arkansas, Tennessee, Texas, Indiana, and Kentucky Collections Attorneys
Collecting unpaid debts is often a time-consuming and arduous task. However, one way to reduce stress and increase your chances of receiving payment is to hire a collection attorney from the law firm of Hosto Buchan.
The collections attorney you choose should have the following characteristics:
- Ability to offer alternatives: Your goal is probably to secure payment of a debt as quickly and efficiently as possible. While some debt collection cases go to trial, an experienced attorney can offer you alternatives to litigation. Additionally, he or she may be able to negotiate a deal outside of court with the debtor.
- Trial experience: One of the key attributes to look for when hiring an attorney is trial experience. The debt collection lawyer you choose should have substantial litigation experience and be ready to fight tenaciously to get you the payment you are owed.
- Specialization in debt collection: Avoid hiring a law firm that is a jack of all trades. The collections attorneys you choose should be individuals who specialize in assisting creditors with all aspects of debt collection.
Post-judgment discovery is used to discover properties and assets a debtor might have. A series of questions also known as interrogatories are used to unveil assets that are currently or previously possessed by the debtor. Additionally, a request to produce may be issued. This request forces the debtor to present documents that verify his or her possession of specific assets. The debtor is given 30 days to respond to the post-judgment discovery. If he or she fails to respond within 30 days, the creditor may file a motion to compel a response from the debtor. He or she then has ten days to respond or will face incarceration. Knowledgeable debt collection attorneys in Arkansas can use post-judgment discovery in order to obtain payment of a debt or to discover that the debtor has no funds.