A commercial landlord’s tenant suddenly stops paying its monthly rent. The landlord through its attorney sends threatening letters seeking payment to no avail. As a result of a referral, the commercial landlord calls me because it was told that we have a fee structure to suit smaller debts, i.e. we often work on a contingency fee basis.
Within four days of receiving the signed fee agreement, I prepared the complaint package and sent it to my client. Within five days I appeared in court and sought and obtained ex parte attachments on the tenant’s bank account and personal property.
Within three months, I settled the matter for four thousand dollars more than the base rent. The excess included costs, interests and a healthy portion of attorney fees. As a result of my actions and negotiating tactics the client, which had not been paid for four months, recovered a net in excess of 88% of the lost rental income (100% net recovery when the attorney is retained on a contingency fee is extremely unlikely because the attorney fee is based on a percentage of the gross amount collected).
When you need an attorney with the reputation of getting the job done when collecting commercial debts, call the Law Offices of Alan M. Cohen for your commercial debt collection solution at (508) 620-6900 or email Alanmcohen@collections-law.com.