Not only has Weltman, Weinberg & Reis Co., L.P.A. (WWR) established itself as a nationally recognized creditors' rights law firm, but we are also known for our ability to handle any type of collection matter. Our technological capabilities and organizational structure allow us to offer comprehensive collection agency services. We recognize the importance of maintaining a collection team that consistently performs with our goals to work to attain maximum recovery, maintain professionalism and comply with the Fair Debt Collection Practices Act.
Although we offer many customary programs, one of our strengths is our willingness to specially design programs that meet our clients' needs. We partner with clients in discussing the specific business objectives and strategies for each portfolio and then develop a custom program. These can include variations of collection approaches or a combination of services and billing options. As a result of the full scope of our in-house capabilities, we can accommodate virtually any request.
Our staff includes skip tracing and asset search teams, which have access to multiple resources that assist in the collection process. We have online access to credit bureaus, auditors' offices, taxing authorities, and other public domains to efficiently and effectively gather useful and necessary information.
We are experienced in handling matters for all types of creditors and our strength is the ability to manage all aspects of the collection process internally.
Commercial Collections
Focusing on business-to-business transactions, this group provides collection services, loan work-outs and collection-related litigation. We work with debtors to restructure an obligation and establish a voluntary repayment program. Our attorneys are supported by legal assistants and asset tracers who are adept at pursuing all avenues when the principal debtor is no longer a viable entity for collection.
Retail Collections
WWR is proficient in handling a diversity of files including credit cards, bad checks, insurance subrogation and auto financing. The use of a predictive dialer allows for regular contact attempts. A team of attorneys works closely with each collection unit, providing legal assistance to enhance the collection effort.
Complex Collections
Our complex collection team is experienced with handling unusually complicated collection matters from "hard-to-collect" debtors. The team of attorneys, collectors, legal assistants and skip tracers employ unique and creative collection and litigation techniques to perfect recovery from highly experienced debtors.
The following highlights the collection services that we offer.
Collections
- Skip tracing
- Asset searches
- Early-out/cure programs
- Pre-suit collections
- Collateral recovery
- First-party collections
- Demand letter programs
Complex Collections
- Commercial loan work-outs
- Depositions (debtor exams)
- Fraudulent conveyance
- Alter egos
- Subpoena of books, records & documents for asset location
- Imposing liens on assets in third-party names