2016 Collections for Our Creditor Clients Totaled Nearly $5 million
Throughout 2016, our firm managed roughly 150 collection matters and returned the following amounts to our creditor clients: Principal: $4,711,069.78 Interest: $7,382.82 Fees: $7,030.74 A large percentage of these recoveries involved perfection of a lien or bond claim right, which has the benefit of securing a client’s receivable until payment is received, and we believe that…