Atlanta Commercial Collections Lawyer

Understanding Your Options for Commercial Debt Relief in georgia 

An individual who accumulates debt for personal purchases, necessary expenses, and other costs will have consumer debt, often resulting from the use of credit cards. A business that falls behind on payments or fails to meet its financial obligations will fall into commercial debt and face commercial collections. This situation is similar to consumer debt but altogether distinct. If you have found yourself and your company or commercial venture in such a situation, you can contact Schuyler Elliott & Associates, Inc. for help from a trusted Atlanta commercial and collections lawyer. 

Consider our accolades and accomplishments when choosing your legal representative:

• 25+ years of legal experience
• 1,000s of client cases handled
• 24/7 availability for convenience
• Extensive bankruptcy knowledge

Possible Alternatives to Business Bankruptcy

Businesses with outstanding debts often prefer not to rely on bankruptcy to resolve their financial woes. Doing so could mean losing the business entirely, resulting in hundreds of employees losing their jobs and damaging the company's reputation among executives. At our Atlanta bankruptcy firm, we are well-versed in alternative solutions that businesses should explore before considering bankruptcy.

Three of the main alternatives to business bankruptcy are:

1. Commercial debt counseling: Sometimes the best way to approach and alleviate your business debt is to take some time to understand it fully. With debt counseling, the mystery of your debt is removed and the fine print clarified, allowing you to move forward with confidence and a plan.
2. Commercial debt consolidation: Businesses have many expenses, finances, and sources of income, which all mean debt can be owed to multiple creditors or agencies. With debt consolidation, it may be possible to consolidate several commercial debts into a single account with a lower interest rate, significantly simplifying the process.
3. Commercial debt settlement: Creditors, banks, and collection agencies know that receiving some money is better than receiving none. Rather than driving you into bankruptcy and collecting nothing, you could use commercial debt settlement to agree to pay only a portion of your debt and have the rest eliminated.

We Can Be Your Debt Defenders

Sometimes, debts are aggressively pursued, relying on lawsuits to resolve matters. Commercial creditors are quick to pursue debts, relying on lawsuits to resolve matters. If a collector has sued you for a commercial debt, please notify us immediately. We have built our name throughout Atlanta as one of the state’s top tenacious defenders of business in debt.