As a landlord, there are few experiences more frustrating than trying to track down a tenant who owes you rent or money for damages sustained on your property. This is especially true if up until now you’ve had a great relationship with the tenant. If, for whatever reason, you aren’t able to get in touch with them, or they’re simply refusing to pay, you have a few options.
Collection Services
Collection services don’t just include tracking down someone after they haven’t paid. There are a variety of options open to you, including the following:
- Garnishment of wages
- Garnishment of bank accounts
- Seizure of vehicles and other assets
- Garnishment of state income tax returns
- Seizure of interests in business entities
- Seizure of stock holdings
- And other asset recovery methods
Preventative Measures
Collecting debts is a frustrating and stressful process. It’s better if you didn’t have to do it at all. Thankfully, there are many preventative measures you can take. Our attorneys can provide training to property managers, independent landlords, and business owners to help improve best practices for your company. This includes implementing a stronger application review system.
No matter how much money is owed to you, don’t panic. Aaron Cox Law can help you collect your unpaid debts in no time. Call us today at 734-287-3364 or request a consultation online now.