If I hire an attorney, am I just spending good money after bad?
Well, obviously it depends. I think what’s important is to have an attorney that is honest, and let’s you know if it looks like you’re spending good money after bad.
Often times, you can’t know the answer to that question until you try, so to speak, until you pursue the debtor, whether it be through a demand letter, whether it be through a court action.
I can say that often times, hiring an attorney is successful in collection of a debt, and that the pressure of a lawsuit, or even just a demand letter from an attorney, often gets the debtor’s attention.
Even if the entire debt is not repaid, often times, a settlement agreement is entered into to repay a substantial portion of the debt.
- If I hire an attorney, am I just spending good money after bad?
- Is an oral agreement to repay a loan enforceable?
- Once a judgment is secured by the creditor against the debtor in court, what steps
- What are the elements of fraud?
- What are the rights of a secured creditor?
- What assets of a debtor are exempt from execution under Florida law?
- What deadlines, if any, are associated with my case?
- What do I do if someone who owes me money files bankruptcy?
- What do I do if someone will not return property that belongs to me?
- What does interference with contractual relations mean?
- What does it mean to quiet title?
- What is a partition lawsuit?
- What is a secured creditor?
- What is a summary judgment?
- What is an automatic stay and is there a way around it?
- What is fraudulent inducement?
- What is specific performance?
- What is the statute of frauds?
- What is your approach?
- What makes working with you different than other lawyers?
- What would your past clients say about you?
- What would your past clients say about you? Legal Dispurt
- Who can ask for an accounting in a partnership or corporation?
- Why should I consider hiring you?
- Will I be paid if someone who owes me money files bankruptcy?
- Are there any procedures available to secure assets of a debtor before obtaining a judgment
- Can I be foreclosed upon for delinquent taxes?
- Can I recover my attorneys’ fees from the debtor?
- Does your firm collect in other states?
- How do you obtain relief from an automatic stay?
- How important is it that my attorney be a skilled negotiator?
- How long do I have to collect a debt?
- How long does it take to get a judgment against a debtor?