TALAL CHEHAB, B.A, LL.B.
BARRISTERS & SOLICITORS

Talal Chehab Barristers & Solicitors has been established since 1993. My firm specializes in Real Estate Law, Corporate Commercial Law, Franchising Law, Secured Financing, Leasing and Collections - Debt Recovery.

The law firm’s Collections - Debt Recovery Division was originally established to collect on delinquent accounts for the firm’s clients. With Legal Credit Management Corp. joining forces with my Debt Recovery Division, I am pleased to share with you that the Debt Recovery Division has expanded and is capable of serving a larger client base.

Traditionally, businesses have been reluctant when forwarding outstanding, uncollected debt of their customers to traditional collection agencies. These businesses had to contend with having their customers call and lodge complaints about the endless calls they experience at the hands of unprofessional, inexperienced and barely trained collectors. Furthermore, these businesses often end up assigning the same files to three or more collection companies before any significant recovery is realized. The high staff-turnover rate experienced by almost all collection agencies, often meant that a customer could have been dealt with by numerous collectors (typically four or five), causing the debtor confusion and frustration, especially when contacts from the collection companies continue even after the debtor has made payments. Most importantly, businesses have resigned to realizing that the treatment that is dealt their customers at the hands of the traditional collection agencies often meant the loss of business from these customers.

Recently a new trend has emerged wherein businesses are increasingly preferring to have their collections handled by a law firm. These businesses are realizing that this new approach is proving to be more profitable in terms of increasing their accounts receivable asset, and maintaining good relations with their customers. The reason is that debtors tend to act quicker and respond faster when debt recovery is initiated from within a law firm than from a traditional collection agency. Businesses experience higher recovery rates when files are handled by professional, experienced and trained staff of a law firm.  This procedure of collections has consistently outperformed traditional collection agencies.

I encourage you to contact Legal Credit Management Corp. and learn more about the broad range of debt recovery services that they have to offer. I am confident that together we can develop the most comprehensive debt recovery plan for your business that can have a significant impact to your bottom line.

Best regards,

Talal Chehab

B.A., LL.B.