Commercial vs. Consumer Debt Collection
Commercial debt collection and consumer debt collection are different. Consumer debt collection involves situations when an individual owes money to a business (also known as business to consumer or B2C). Commercial debt collection, on the other hand, involves the recovery of debt for money owed from one business to another (also known as business to business or B2B). In cases involving commercial debt collection, our experienced lawyers know how to use advanced collections strategies that are necessary to obtain what is legally owed. It takes more than just the knowledge of federal and state regulations that are currently set in place for consumer debt collection practices. Commercial debt collection requires advanced communications through multiple channels and to multiple entities.