Helping You Evaluate Your Debt Collection Options
When you need to collect on a debt from an individual or business, you may wonder who the right person or organization is to do the job for you. You may have heard of organizations hiring debt collection agencies. However, you may have also seen news stories about debt collection agencies utilizing illegal tactics to go after debt. While not all debt collection agencies operate like this, evaluating all your options is essential. If you feel apprehensive about hiring a debt collection agency, you may consider hiring a debt collection attorney.
At Joshua P. Friedman & Associates, Inc., based in Calabasas, California, we understand the tact, intricacies and regulations that govern the debt collection process. We know how to do our job effectively and within the scope of the law. Plus, we are a firm that gives our clients’ cases the care and dedication they deserve. We recognize that your situation is unique compared to others and know how to adapt our approach to align with your needs and goals.
Debt Collection Attorney vs. Debt Collection Agency: What Makes Them Different?
Review the table below for a comprehensive breakdown:
| Aspect | Debt Collection Attorney | Debt Collection Agency |
| Control Over Debt | You maintain control and have the final say on decisions. | The agency takes control, and you might have limited input. |
| Ethical Considerations | Bound by strict ethical standards and legal obligations. | Operates under less stringent guidelines. |
| Legal Capabilities | Can file lawsuits, represent you in court, and pursue legal judgments. | Limited to non-legal collection activities such as phone calls and letters. |
| Potential Risks | Lower risk due to legal oversight and ethical obligations. | Higher risk of unethical practices and potential legal issues. |
If you still have questions about whether a debt collection attorney or agency is right for you, we are here to help you weigh the options. Call us at 310-278-8600 today.
Legal Advantages: Why Choose a Debt Collection Attorney?
You gain significant legal advantages when working with a debt collection attorney. Our attorneys have the authority to represent you in court, providing a powerful tool in the debt recovery process. This legal backing ensures that your interests are protected under the law, allowing for actions such as filing lawsuits and obtaining court orders that a debt collection agency cannot execute.
For instance, if you are dealing with a debtor who is unresponsive or disputing the debt, our attorneys can initiate legal proceedings to secure a judgment. We can use this judgment to garnish wages or place liens on the debtor’s property; these actions are often beyond the scope of a traditional debt collection agency. Moreover, our debt collection lawyers are held to high ethical standards as licensed professionals. We thoroughly understand the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, and other California-specific debt collection laws and regulations.
Client Control and Flexibility: Empowering Your Decisions
One of the most significant benefits of working with a debt collection attorney is the control and flexibility you retain throughout the process. Unlike a debt collection agency, where you are often one of many clients, we can prioritize your unique needs and preferences. You decide on settlement terms, negotiation tactics, and other critical aspects of the debt recovery strategy.
Our approach can allow you to maintain control over your financial decisions. Whether you wish to settle for a lower debt or pursue a full recovery through legal channels, we are here to support, guide, and help you pursue your goals. This client-focused strategy enhances the likelihood of successful debt recovery and provides peace of mind.
Ethical Considerations: Trust And Transparency
When you partner with us, you benefit from the professional and ethical obligations that govern our practice. Our attorneys must adhere to a code of ethics, ensuring transparency and fairness. This commitment to ethical practice minimizes the risk of legal complications and enhances the credibility of your collection efforts.
A debt collection agency, on the other hand, may not operate under the same rigorous standards. This could expose you to unethical practices that could damage your reputation and complicate the collection process. By choosing a debt collection attorney, you can align yourself with a team that values integrity and operates within the boundaries of the law.
Potential Risks: Mitigating Uncertainties
Every debt collection method can carry risks. However, working with a debt collection attorney can significantly reduce any risks or uncertainties you face. Our legal oversight ensures compliance with federal and California state collection laws, protecting you from potential legal repercussions associated with illegal tactics.
Debt collection agencies like to promise quick results. However, their methods can sometimes backfire, leading to complaints or legal actions against you. With our attorneys, the focus is on sustainable and legally sound strategies that prioritize your long-term success and reputation.
Making The Right Choice For Your Needs
When choosing between a debt collection attorney and an agency, consider the control, legal advantages, and ethical standards of hiring an attorney. At Joshua P. Friedman & Associates, Inc., we are committed to delivering professional and effective debt collection services tailored to the unique needs of people in Los Angeles County and Southern California. Our knowledgeable and tenacious approach can give you peace of mind as we work hard to recover your debts.
Contact us today for a free consultation today. Call 310-278-8600 or visit our contact page.