Statistics show that most debt collectors will settle, but having an advocate at the table will ensure that a fair settlement is reached. This is where a debt collection lawyer is essential to success for both sides. The same can be said for commercial litigation lawyers. While these attorneys fight for the rights and an outcome that suffices for all parties involved, the work they put forth is not always seen, much less recognized.
Yes, they are being paid by either a company or an individual to comes to shared terms, but they are also putting forth full effort in doing so. They are filing the paperwork, making the phone calls, and deciphering the path of least resistance.
Debt Collection Lawyers
These professionals are not the enemy. They work tirelessly to retain their clients’ debt through the best means for everyone party involved. The debt collection lawyer not only takes on the responsibility to garner their clients’ owed money, but they are also responsible for urging the debtor to come to a compromise. Settlements are rarely clean cut and straight forward. The economy has heightened the load on their backs. Whether working for an individual to consolidate years of debt and quiet their phones or representing a company to regenerate income, it is the lawyer’s responsibility. It is on their shoulders to do their best and fairest for all.
Commercial Litigation Lawyers
Commercial litigation lawyers not only deal with individuals that owe a company debt but they also deal with business disputes about money. Settlements are always the preferred outcome and lawyers make every attempt. It is their responsibility to handle both sides in reaching that compromise. These professionals handle real estate issues,breaches of contract,employment disputes, etc.
Going at it Alone
Why would you wish to? The mere paperwork involved is enough to drive a person mad. Then the constant phone calls, threats, and frustrations. Whether debtor or debtee, there is no reason to face litigation alone. These men and women were trained to assist people and retain their sanity.
While both debt collection lawyers and commercial litigation lawyers are meant to take care of ‘business’, but they are also there to relieve the stress, energy, and money leakage from their clients by taking it upon themselves. The word lawyer is often used negatively, however, they are the who takes on the over-sized load of litigation and settlements. They are who must sleep at night knowing they put forth the effort they were paid to put forth.