Collections

An Experienced Chicago Collection Attorney

Since 1991, Mages & Price has retained a clear focus on debt collection as a primary service. We have successfully collected debts for all types of commercial and retail businesses, from solo practitioners to Fortune 500 companies, including:

  • Currency Exchanges/Lenders/Financial Institutions
  • Health Care/Doctors/Dentists/Physical Therapists
  • Contractors/Home Improvement Services
  • Hospitality Services
  • Insurance Companies
  • Landlords
  • Manufacturers
  • Professional Services (Ex., attorneys, accountants, business consultants)
  • Property Management
  • Retailers
  • Technology Companies
  • Transportation Services

…and many more!

We understand that every case is different. We are skilled in guiding clients through the many legal options open to them for collecting money on their particular delinquent accounts.

 

Why Mages & Price? We have ……

  • the resources and systems in place to handle a high volume of claims
  • the tools to get results and the knowledge as to how and when to use them (skip tracing, , wage and bank garnishment, etc.)
  • the experience to know when to escalate activity
  • the follow-through, initiative, and confidence to collect without unnecessary delay

Our Process for Collection of Money Owed

Every business understands the frustration, lost time and money caused by uncollected debts. However, with the expertise, knowledge, and resources of Mages & Price at your disposal, you’ll soon be operating in the GREEN again.

We have developed a unique, team-based method focused solely on one thing–collecting money for you –as quickly as possible. We relieve you of the burden of collecting your delinquent accounts while representing you in a professional manner. Our process involves up to three stages:

 

ASSESSMENT. We first ask you to present us with your outstanding account receivables. We ask all questions and collect all necessary information we need about your history with each debtor. We then determine the scope of the overall debt collection and mobilize our team. As our client, you will have access to higher level management and receive personal attention and unparalleled communication.

 

ENGAGEMENT.  We will initially make an attempt to collect the balance due from the debtors. With the strong team effort that is a part of our corporate culture, we pull together to collect for you as quickly as possible. We are tenacious in pursuing your accounts, keeping you appraised of our progress along the way. If your debtors are still unwilling to pay voluntarily or if we cannot make acceptable payment arrangements, we will discuss other options with you, including litigation.

 

LITIGATION.  Although neither party usually desires this step, it is often necessary and we are experienced in litigation. We have successfully won cases in courtrooms throughout our service area. We will answer all questions you have and prepare you for all necessary legal proceedings so there are no surprises throughout the process.

DEBT COLLECTION IN THE CHICAGO AREA

We represent clients in all six districts of Cook County as well as DuPage, Kane, Lake, McHenry and Will Counties.

 

If our clients need assistance with accounts outside of those designated areas, we have a network of qualified, proven attorneys who we rely on to handle those cases. We monitor their progress on the client’s behalf at no additional charge.

 

In most cases, we work on a contingency basis, meaning we only get paid if you get paid.

 

Are you facing a debt collection problem that needs legal assistance? We want to help you collect what is rightfully yours. Contact us today for a consultation.