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Commercial Collections

ASK handles collection matters for Fortune 500 companies in all U.S. jurisdictions and Puerto Rico in both state and federal court. Our commercial collections practice combines the aggressiveness of a collection agency with the legal acumen and high quality work of an established law firm, all on a competitive contingency fee basis.

Because we are a law firm, as opposed to a mere collection agency, we add the following value at no extra cost.

  • ASK includes a ready-to-file draft complaint with every demand letter.  This demonstrates ASK means business and the defendant takes the demand seriously, whereas they would otherwise throw the demand letter in the trash.
  • Because we utilize a one-step process as opposed to a collection agency’s two-step process (first sending the files to a collections firm and then sending the files the collections firms could not settle to a law firm), cases resolve quicker.  This is important because collectability often diminishes with the aging of the file.
  • As a law firm with 10 lawyers on staff, ASK can handle unforeseen complex issues that may arise in the course of a collection.
  • Our contingency fees are comparable to those of collection agencies.
  • ASK has relationships with local counsel in all 50 states so we can initiate lawsuit quickly when needed.  ASK pays such firms from their own fees and does not pass along the cost to the client.  The partnership of ASK and its varied local counsel obviates any fear a client may have of being "home cooked" by a defendant.
  • As a law firm, we can enforce the judgments granted in the civil actions. We prepare and file the appropriate garnishment, attachment and post-judgment discovery to track the enforcement process to ultimate collection.

PRE-SUIT AND LITIGATION METHODS

Pre-suit demand packages typically include:

  • A letter explaining the nature of the debt including copies of the documents upon which the debt is based.
  • A draft complaint customized to the local jurisdiction where a suit would be filed if the claim is not timely resolved.
  • To avoid delays in filing suit after the "deadline" period has passed, we verify legal entity status and the registered agent for service of process during the pre-suit collection phase.

If the matter cannot be swiftly resolved, ASK initiates litigation. Each complaint is served with the following:

  • A cover letter referencing our prior demand and the "deadline" date contained therein (thus making good on our promise to timely litigate if the matter was not consensually resolved).
  • Notices required by Local Rules
  • If an answer is filed, it is our custom to immediately serve Requests for Admission, Interrogatories and Requests for Production of Documents in response to the answer.

After we obtain a judgement, we domesticate federal and state judgments in the jurisdiction where the defendant resides or is known to have assets. Judgments are promptly enforced by levies against identified bank accounts and garnishment of other assets.


CLIENT TESTIMONIALS

"For the past twenty years we have utilized ASK’s seasoned lawyers and knowledgeable collection professionals to collect our charged-off receivables in an efficient and cost effective manner. With their nationwide litigation coverage and hands on management of our charged-off accounts, ASK maximizes recovery and minimizes costs, which helped our company’s bottom line." 

Mike S. Mandell
Corporate Collection Manager, Ryder

 

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