The attorneys at Powers Taylor are able to assist clients with all aspects of commercial debt collection. Each commercial collection matter is evaluated individually. We thoroughly investigate all possible strategies and judicial processes available in each collection matter, then execute the designated strategy in order to maximize recovery. While the methods available for each individual case may vary, the approach will often include one of the following:
- Negotiating with the debtor to obtain full or partial recovery prior to judicial proceedings
- Filing a lawsuit seeking to recover the amount owed, including accrued interest on the debt and related economic damages
- Obtaining pre-judgment asset protection through pre-judgment garnishment, writs of attachment, and other judicial procedures
- Seeking the recovery of incurred costs and fees through litigation
- Obtaining debt recovery and commercial collecting through arbitration, mediation, or trial in state or federal court
- Seeking post-judgment collection of amounts awarded through trial or judicial process
- Registering and enforcing Texas judgments in other states and foreign judgments in Texas
Pre-Judgment Asset Preservation and Recovery
The attorneys at Powers Taylor have experience in securing and preserving debtor assets prior to judgment to prevent a potential judgment debtor from wasting or improperly disposing of the assets during litigation.
Judicial Post-Judgment Collection
Obtaining a judgment is typically only the first step in securing a victory. Unfortunately, enforcing and collecting upon a favorable judgment is often just as complicated and difficult as obtaining the underlying judgment. The attorneys at Powers Taylor have experience enforcing and collecting upon judicial judgments to maximize return.
Foreign Judgment Registration and Collection
Foreign judgments can occur in a variety of ways. For example, if a judgment is entered in Texas against a debtor with non-exempt assets in another state, or if a judgment is entered against a debtor in another state with non-exempt assets in Texas, the attorneys at Powers Taylor can assist with enforcing and collecting the judgment. In addition, if a judgment debtor has non-exempt assets in Texas that may be used to satisfy a judgment entered in a foreign country, our attorneys can assist in registering and enforcing the judgement in the state of Texas.