Collections in Lexington, KY
Helping Your Business Succeed
At Fowler Bell, we understand that business success is founded on a healthy bottom line. That’s why we recover outstanding debts with speed, practicality, and professionalism. Over the years, we have helped businesses recover millions of dollars.
Our Collection Services
Fowler Bell will collect consumer and commercial debts as well as debt secured by liens on real estate and personal property. We work quickly and diligently to reduce claims to judgment and judgments to recoveries. The Collections department develops individualized work plans to collect debts, enforce out-of-state judgments, garnish wages or bank accounts, locate assets, pursue foreclosure and repossession of personal property, and represent claims in bankruptcy.
Commercial Debt Vs. Consumer Debt
While our team does collect both consumer and commercial debt, it is important to be clear on the difference between the two. Put simply, commercial debt is accrued for the purposes of supporting a commercial business. This could be to begin a business or project, fund improvements, purchase new assets, or many other related reasons.
Conversely, consumer debt for personal reasons will be geared towards a particular individual (though they can sometimes be in service of a business as well). The most common forms of this include student loans, auto loans, credit card debt, medical debt, and more. Our services for securing debt on real estate or personal property could be placed in both categories, depending on the context of the particular situation.
Regardless of whether you need commercial debt or consumer debt secured, we can craft an individualized plan to get you the money or assets that you are owed.
Where Collections Can Go Awry
If you have tried to secure debt on your own or with the help of an inexperienced team, you may have noticed how difficult it can be. There are a variety of ways that consumers or commercial enterprises will attempt to skirt responsibility, which can hurt your bottom line in the process. Our team has many years of experience working with the full spectrum of collections scenarios. We have consistently gotten favorable results for our clients, even in the most difficult cases.
If you have been struggling to collect and are looking for a team you can trust, give our team a call today.
Why Choose Fowler Bell
Our approach to both contested and uncontested collection matters is practical, responsive, and efficient. Armed with a thorough knowledge of both substantive and procedural law, we devise recovery strategies that are practical and effective. Clients have access to the full resources of our firm and benefit from our network of relationships with attorneys nationwide.
Contact Fowler Bell, Today!
Recovering debts and assets is essential for businesses and organizations to operate. At Fowler Bell, we work diligently to be Kentucky’s best in collections. Contact our attorney today to discuss your case!
We are members of the Commercial Law League of America. Our attorneys are admitted to practice before the state courts of Kentucky, the United States District and Bankruptcy Courts for the Eastern and Western District of Kentucky, and the Sixth Circuit Court of Appeals.