Dedicated Debt Collection Services of Shafer Law Firm
Shafer Law Firm has a number of different debt collection services that can be beneficial to all kinds of businesses. Among these are debt collection letters, experienced skip tracing services, telephone debt collection and demand letters. They also offer appointed receivership, bank garnishments, account receivable management and services for accounts receivable litigation.
Further, the firm provides a wide range of services within debt collections, including pre-collect strategies, court filings and judgment collection/civil actions, actions at law, judgments and mechanic lien services, construction law for contractors and suppliers, creditor claims, foreclosure sales, criminal restitution, consumer and employment litigation, mediation, arbitration, miscellaneous civil litigation , trespass and other property issues, non-compete, confidentiality and trade secret agreements, personal injury, witnesses and trial preparation.
There are many benefits to choosing the collection services provided by the Shafer Law Firm. They have dedicated, experienced attorneys and support staff who focus on clients’ collections needs, an online case management system for easy access to account information and communication of results to allow clients to make informed decisions, a dedicated collections department that provides an efficient, results-driven approach, technology that supports attorneys, paraprofessionals and clients, accountable senior partners and attorneys who develop a strategy tailored to each client, and competitive rates in relation to the value and effectiveness of the service.
The Legal Collection Process
At Shafer Law Firm, we have a detailed process to collect debts and obey state and federal laws as we do so.
State and Federal laws regarding debt collection
Shafer Law Firm complies with all state and federal laws that apply to filings for and collection of debts. Federal laws that apply to this process include the Fair Debt Collection Practices Act (FDCPA), which protects consumers against unfair debt collection practices. State laws that apply to debt collection include the following:
- The Wis. Stat. § 425, et seq., which provides various consumer credit protection practices .
- The Wis. Stat. § 423.201 et. seq., which is a state law that provides remedies for various consumer credit protection issues .
- The Wis. Stat. § 779.50(1) et seq., which provides statutory remedies for debt collection .
Shafer’s procedures
Shafer Law Firm has an intake process for gathering information, conducting all necessary research and preparing all necessary pleadings and financial documents . A lawyer oversees the firm’s entire intake process. Shafer Law Firm will not obtain any financial information from your debtor without first giving him or her notice of your claim against them. Shafer Law Firm may file a complaint and summons, commencement of an action, in the appropriate state or federal court, which will require the debtor to respond . Shafer Law Firm will proceed with an appropriate judgment or settlement in each case in a fair and ethical manner.
Why Companies Hire Shafer Law Firm
The reputation of the Shafer Law Firm over the years has endeared them to their clients. In the last couple of years, the Shafer Law Firm has handled a lot of consumer debt accounts and collected on them effectively. The company has also handled accounts from some of the biggest names in the business across the United States. This reputation and exposure have made the company a trusted name in the debt collection industry. In recent debt collection cases, Shafer Law Firm has not only been able to contact and get pay overs from debtors but also has been able to keep clients in touch with debtors to agree on payment terms that work for both of them. A lot of clients have been amazed by how fast the Shafer Law Firm has been able to resolve the debt collection cases. This is evident in one open item mentioned on the site, collected over $20,000 from 1 yelp review that was left on a chef. The debtors were contacted and arrangements made to pay off the debt. Customers who have had their debt collected have also expressed their satisfaction with how the firm recovered lost assets. For some of them, the firm collected on some of the tough cases. The testimonials that are on the website show how effective the Shafer Law Firm has been in debt collection. Whatever sector they are working in, the firm has successfully collected debts.
Custom Debt Recovery Plans
As many business owners know, not all debts are created equal. The diversity of merchants and clients Shafer Law Firm represents means that the legal team is able to analyze a wide variety of debt situations, adapt their approach, and reach a favorable resolution for each client . From collection of Certificates of Deposit (CD), to telephone account receivables, and other business debt, Shafer has effectively worked with both simple and complex scenarios to ensure that each debt is fairly and adequately addressed. By customizing the approach to debt collection rather than taking a one-size-fits-all view of the process, Shafer Law Firm can move through the collection process in a way that improves rate of recovery as well as client satisfaction.
Shafer Law Firm’s Technology in Debt Recovery
Shafer Law Firm leverages technology in several key ways. We use a sophisticated case management system to track the status of each account through our collection cycle. This system enables us to automatically generate demand letters, skip trace (locate bad address and missing debtors), perform bankruptcy and asset searches, etc. Accounts can be viewed and imported at the click of a mouse. We have seamless integration with several major call centers to improve efficiency and telephone collection results. This move also provides major financial incentive for us to use the call centers because the centers’ fees are contingent on collection results. For the majority of our collection activities, we use a cloud-based robotic dialer that requires no hardware investment. Our clients no longer have to worry about whether their files have been properly secured in our office. They also no longer have to sacrifice security for the convenience to access files over the internet. Our Full Collection Department monitors calls, monitors our outbound dialer and collects time barred accounts (accounts where the statute of limitations has expired).
Communication and Support to Clients
Effective client support and communication are crucial aspects of any professional service, and debt collection is no different. Shafer Law Firm takes pride in its ability to serve clients effectively in this area, providing expertise and unrivaled commitment to the best clients.
We know that our clients have a lot at stake when it comes to debt collection, whether it be money owed to them by past clients or payment for goods and services. In many cases, it can be a significant sum that can impact our client’s ability to continue business. This is why we prioritise clear, constant communication with clients, so they understand every stage of the process.
On top of the regular updates and check-ins from their attorney, our clients are always able to access information about their accounts online, further ensuring that they feel informed and in control throughout the debt collection process .
We also make it easy to open new accounts with us. Our online request form allows new clients to submit all necessary information for debt collection and to receive an immediate callback from an attorney. Proactive, responsive customer service means you can have the confidence of knowing that your accounts are in good hands.
In an industry that some clients find intimidating, Shafer Law Firm strives to be the kind of client you want at your side, whether you’re dealing with debt collection, bankruptcy, or another issue. We answer your questions and take the time to understand your situation before proceeding, as well as keeping you in the loop during the debt collection process.