Debt Negotiation Lawyer for Business-Related Collections
Negotiation can be an art form. With the right access to legal advice and guidance, you can have the legal support you may need to seek resolution of business-related debts.
Here are things you may need related to debt settlement negotiations:
- The circumstances causing the debtor to default on their obligation
- An appropriate opening offer and your bottom line number
- The broader terms and conditions of the settlement agreement
- What paperwork you should have the debtor sign after a successful negotiation
Negotiation strategies may be different for each debtor you deal with. Rather than stress and guess, join LegalShield and a provider lawyer can advise you on the best course of action and help you with the debt negotiation process.
What Terms Should You Consider When Attempting to Settle?
There are several factors that you can weigh to determine the financial numbers and other terms upon which you’re willing to settle.
- Does the debtor owe you for a physical product or for services rendered?
- Have you fully or only partially delivered under the terms of your agreement?
- What were the hard costs to deliver the product or service
- What is the nature of your relationship with the debtor? Do you want it to continue?
Consulting with a lawyer about debt negotiation is a great way to get clear about what may represent an acceptable settlement. Also, with a LegalShield membership, you can have your provider lawyer help you draft the appropriate settlement paperwork under the 25% discount from their hourly rate for business matters.
How a LegalShield Small Business Plan Works for Debt Negotiation
Your business pays a small monthly fee starting at $49 per month and gets legal advice, document review and lawyer representation services you can use to negotiate and settle debt disputes faster.
Plans Start at Only $49 Per Month.
Key Features of Our Small Business Legal Plans
LegalShield’s business plans can help you in the following areas.
Legal consultation from a provider lawyer on business legal matters, with legal research for each issue, if needed.
Receive help with business legal matters more efficiently with professional communications issued on your behalf.
Put business-related legal documents through legal review.
A collection letter from a provider lawyer could help you recoup payments more efficiently.