DEBT MANAGEMENT IN USA

Besides the classic debt collection process, our company provides the services of debt management for our valued clients.

As a legal representative we are trying to help to find the best solution for creditors. Debt management is about coordinating terms and conditions of the repayment plan and/or discount program for the commercial company or a natural person as they might don't have an opportunity to fulfill all obligations according to the contract with the creditor. However, the essential goal during negotiations is to protect the interests of the creditor and convince the debtor to work out for the best solution for creditor.

It's easy to find and describe the advantages of debt management service, as most of the debtors do not recognize their obligations due to many reasons. Of course, the most important part of the lawyer is to find out the intentions of the debtors and convince them to fulfill their obligations in accordance with the contract. Especially in the US we should consider the law regulations considering terms of repayment and conditions of possible ongoing force major situations in the specific State.

A debt collection firm has to examine the conditions of the agreement with the debtor. Having in mind our experience in debt management it would be easier to add the terms concerning the issues of delay in payments and corresponding legislation in case of litigation to the contract with your business partner. It may also be game-changing during negotiations if you already have the conditions which regulate the terms of penalties and additional charges in your sales contracts, SLAs etc.

In case your contractor is providing business in the US or another country and has offices and business partners worldwide, our International office will find all the required information to get an advantage in negotiations. Our international teams will help you with the best available conditions to recover your funds.