Collections
New York Commercial Debt Collections Lawyer
Being forced to initiate legal action over an unpaid debt is both distracting and financially draining – with an uncertain outcome, it can be like throwing good money after bad. Edward Weissman takes the guesswork out of business debt collection through proactive, preventative planning and tenacious litigation to recover the full amount of monies owed for clients in the construction, finance, retail and manufacturing industries. He also helps to identify and correct potential contract hazards in existing business relationships.
Prevention
It seems clear that effective, proactive planning when entering into a business relationship would remove the circumstances that make debt collection necessary. New York commercial collections lawyer Edward Weissman has worked with large corporate clients for over 25 years in the creation and review of contracts and business agreements between his clients and contractors, vendors and other suppliers of financial or material infrastructure. Mr. Weissman works closely with each client to make sure that all legal paperwork protects his clients in both the short and long-term and advises them on the best course of action after disputes arise:
- Due diligence before entering into a business relationship, including credit checks.
- Tightening of documentation to avoid loopholes.
- Requests for security and “personal guarantees.”
- Early legal intervention to reduce additional financial exposure.
- Clear, consistent communication with clients so they understand exactly what is provided for in the contract.
- Aggressive litigation tactics to ensure the enforcement of judgments and bond claims.
Mediation / Alternative Dispute Resolution
The point of litigating a debt collection action is to recover the entire amount, not just pennies on the dollar. Too many firms today simply act as “collection mills;" while they may be good at filing paperwork, they lack the focus and resources necessary to push a case in the courts and obtain the maximum judgment for their clients, including damages and fees. Edward Weissman has experience in commercial debt collection and possesses an intimate knowledge of the complex statutes and procedures governing business debt in New York State. A skilled negotiator, Mr. Weissman has helped many clients avoid costly litigation through the effective application of mediation and arbitration to help both sides understand their responsibilities and settle the dispute out of the courts.
Contact Manhattan business debt collection attorney Edward Weissman today for a case evaluation and review of possible legal strategies. Mr. Weissman offers affordable rates and personal attention for clients seeking permanent and effective legal solutions after a business dispute.
New York commercial debt collections lawyer Edward Weissman represents businesses and individuals throughout the New York metropolitan area, including the New York City boroughs of Manhattan, the Bronx, Brooklyn, and Long Island, as well as residents of New York County, Kings County, Queens County, Nassau County, Suffolk County and Westchester County.
