Commercial Collections

We're Here to Help You Manage Your Commercial Recovery Matters

We understand the importance of a strong collection and litigation partner in order to address the unique nature of your commercial debt. That’s why we’ve assembled a team of experienced creditors’ rights attorneys and support staff, with the knowledge, experience, and mindset to provide you the leadership you’ve come to expect from your commercial recovery partner. We recognize the financial urgency that delinquent commercial accounts can create and the impact of outstanding receivables on your business and strive to provide solid solutions, with a keen focus on cost-efficient results. Our recovery approach is designed to help you reduce delinquency, increase recovery, improve cash flow and minimize losses, all at a fair cost with optimized net-back to your bottom line.

We represent clients of all sizes, from the world’s largest financial institutions to small "one-off" commercial matters, all with one simple goal – to leverage our experience in providing you a reliable and consistent recovery solution to fit the needs of your organization. One of our strengths is to match the requirements of our clients, whether that be in the intake of information, account tracking and reporting, specialized funds management or unique accounting procedures. We partner with each client to meet the specific business objectives and strategies for each commercial portfolio and then design a focused program, using services like skip tracing, asset searches, credit bureau checks, early out programs, collateral recovery methods, payment auditing, file reporting or accounting procedures. We leverage our contingent and attorney driven operation in directly representing clients in Illinois, Indiana, Kentucky, Michigan, New Jersey, Ohio and Pennsylvania, in conjunction with our national network of qualified attorneys, integrating the filing of legal action with our collection activity wherever a debtor or debtor’s assets may be located. This allows our clients a single source attractive alternative to using multiple law firms throughout the country.

Our commercial representation includes, but is not limited to, the following:

Commercial Collections

  • Commercial Loan Workouts
  • Demand Letter Programs
  • Contingent Commercial Recovery
  • Skip Tracing
  • Pre-Suit Collection Efforts

Legal Action Recovery

  • Forbearance Agreements
  • Collection Litigation
  • Post-Judgment Recovery
  • Bank Attachments, Liens


  • Claim Presentment
  • Non-Dischargeable Litigation
  • Chapter 7,11,13’s
  • Work Outs

Litigation and Defense

  • Jury Litigation
  • Federal Court Representation
  • Arbitration and Mediation
  • Enforcement of Foreign Arbitration Awards
  • Creditor Defense
  • Insurance Subrogation
  • Trade Finance Issues
  • Contract Review

Real Estate Default

  • Commercial and Consumer
  • Foreclosure & Eviction
  • Receiver Activities
  • Real Property Recovery

Dedicated Team for Commercial Recoveries

The Commercial Collections Group focuses on addressing the unique nature of your commercial debt. Our goal is to act as your advisor and central point manager for multiple matters, providing insights, reports and results to make sure your claims are resolved in a timely manner. We review each file to identify the proper recovery stream, and can move a file directly to our front-end contingency collection teams, send the file to our asset search department, or go directly to suit. This approach ensures your files are handled properly, saving you time and money.

Unique Contingency Call Center Collections Delivers Faster Results

Since many of your commercial balances vary in size and complexity, we often provide up-front contingent call center collection service and loan workouts prior to any litigation action. Our goal is to produce the highest dollar recovery in the timeliest and most cost-efficient method possible, working with debtors early on to restructure an obligation, establish a sufficient settlement, develop a voluntary repayment program or proceed to post-judgment as necessary.

Not Afraid To Say “NO”

Rather than just process your matters without looking at alternatives, we often come up with ideas or approaches you may not have considered. We leverage our years of experience to formulate a plan we believe is the best way to proceed, always with your business interests in mind. We don’t hesitate to make hard decisions, including advocating settlement when the costs outweigh the result. Don’t be surprised if we suggest alternatives that may be more cost-effective to you organization.

When It Comes To Commercial Recovery, We Get It

We know how important it is for you to manage your commercial recovery business needs. At Weltman, our goal is simple – to offer each client a thorough, focused and highly effective recovery strategy while minimizing exposure and liability.

Learn More About Commercial Collections

James G. Kozelek, Esq.

James G. Kozelek

View Profile