Representing Creditors in the St. Louis Metropolitan Area and throughout Missouri and Illinois
If you or your businesses has past-due accounts, unpaid judgments, or is otherwise owed money, you may encounter problems in collecting the owed funds. Kilo Flynn’s litigation attorneys have experience in representing banks and other creditors and lenders in asset recovery and collection matters.
Creditors Have Rights
If you are owed money, there are steps you can take to gain more information about the debtor’s financial status as well as steps you can take to protect your own interests. It is especially important for the creditor to be proactive in cases where the debtor may be hiding assets and in cases where there is more than one creditor.
Services Offered in Asset Recovery Matters
The attorneys at our firm are prepared to utilize any number of legal processes to recover assets from the debtor to satisfy a judgment or other debt.
Methods of recovering assets from debtors include:
- Demand letters
- Pre-suit collections
- Collateral recovery
Using these collection tools, our attorneys will maximize your chances of recovery. Whether the asset recovery takes place in the context of a bankruptcy proceeding or in a litigation setting, our attorneys will be able to effectively advocate on your behalf.
Sometimes in asset recovery, settlement negotiations emerge as the most effective solution. This can be cost-effective for the client as well as more expedient than litigation.
While settling has its benefits, the settlement agreement should be carefully negotiated and drafted. Failure to have experienced counsel negotiating your settlement may mean that your rights are not fully asserted or enforceable.
Call a St. Louis Asset Recovery Lawyer Today
Our team of aggressive and knowledgeable attorneys has a thorough understanding of how to use the legal process to recover assets for our clients. Asset recovery is subject to a statute of limitations, which means creditors have a limited period in which in bring suit. Contacting an asset recovery lawyer as soon as possible is important. To schedule a consultation with one of our St. Louis asset recovery attorneys, call our office today at xxx-xxx-xxxx or contact us online.