Debt Buyers

We're Here To Help You Manage Your Legal & Recovery Needs

The collection and litigation of purchased debt requires an in-depth understanding of the nuances of the debt buying industry. Since its inception, Weltman, Weinberg & Reis Co., LPA has been actively involved in representing debt buyers from acquisitions to collections. We provide a comprehensive approach to debt recovery, leveraging our experience, technology, scoring models, and workflows to deliver on your timelines and net back expectations. Representing the rights of creditors for more than 85 years, we understand the intricacies involved with the collection and litigation of all types of purchased debt, and stay committed to helping you resolve matters while always maintaining the highest degree of professionalism.

Our debt buyer representation includes, but is not limited to, the following:

Legal

• Demand Letter Programs
• Legal Suit Programs
• Post-Judgment Executions
• Compliance & Defense Litigation

Collections

• Skip Tracing
• Asset Searches
• Pre-Suit Collections
• Collections While Litigating
• Post-Judgment Collections
• Probate Recovery

Bankruptcy

• Chapter 11
• Chapter 13

Other Services

• Real Estate Transactions
• Replevins
• Foreclosure & Evictions

Debt Buyer Representation Benefits:

• Flexible fee programs including hourly, flat fee, contingency fee or retainer agreements to best fit your needs
• Positive impact on your bottom line recoveries
• Full service representation allows you the convenience of working with one firm representing your interests even if a debtor is bankrupt or deceased
• Customized programs and reporting designed specifically for your tracking and reporting needs
• Consistent rate of return while maintaining the highest level of professionalism in dealing with your customers

Comprehensive National Collections + Legal Strategy

Weltman has established a national litigation network of experienced attorneys to handle matters that fall outside our footprint state area, all across the United States. We remain actively involved with local counsel throughout the legal process and monitor the handling and reporting of cases, providing you consistent service and accountability in every state.

Reputation and Results You Can Count On

Our attorneys have many years of experience in purchased debt collections and litigation and understand the importance of a reliable collection and litigation partner in order to maximize the return on your portfolio investment. Our regular appearance in numerous courts within our jurisdictions has allowed us to develop an in-depth understanding of each system and judge in order to achieve the best results for our clients. Our staff has relationships with court personnel who appreciate the fact that they are dealing with an experienced law firm who has a track record of handling matters in a timely and professional manner.

Large for Resources Yet Small for Intimacy

We believe in personal attention and are always accessible via phone, email or in-person to respond to your questions and provide status updates. We will travel anywhere that our clients’ needs dictate. To enhance your staff development and education, Weltman provides first-rate online or in-person educational seminars. In addition, we will help keep you informed of current laws and trends through our industry newsletters, blogs and client advisories.

Our Initial File Review is Critical to Your Success

We will review each file to identify the proper recovery stream. We can move a file directly into front-end contingency collections, send the file to our asset search department or go directly to suit. This screening ensures your files are handled properly and expedited quickly, saving you time and money.

Reporting and Communications

Weltman utilizes the Internet for e-mail and document transmission. Through our password-protected eClientNet, we provide you access to your account work product, progress reports detailing collection activity, performance statistics, inventory lists and accounting information.