You did the research, connected with your clients and complied with all of the necessary regulations to get your financial business off the ground. With all the work you put into it, you expect other people to do the same and to repay their part of your partnership. At Palmer & Manuel PLLC, we want to help you get what you are owed if your Texas investments do not go exactly as planned.
What you may not know is that you are entitled to many of the same legal protections as the major national corporations, even if you are the owner of a small financial company. Furthermore, your contract may give you specific powers of which you are not aware or which you are unsure how to enforce.
In a business-loan or mortgage context, not everything pays as expected. Any number of elements could affect your returns, even when something looks like a perfectly reasonable loan on paper. In the factoring business, receivables you paid for may not have been due by as creditable a party as you assumed. These unpredictable fluctuations cause trouble for both the borrower and for you as a lender.
Many lenders know the risk percentage for their particular markets and price their products accordingly, but that is simply an estimate. We believe that our knowledge of various relevant areas of the law is often instrumental in allowing our clients to maintain and enhance their profitability even when faced with challenges that fall outside the scope of normal risk.
Our collection services often combine principles from both contract law and federal regulation. Our goal is to provide the highest levels of both personal attention and professionalism to each of our clients in the finance industry. Please read on for more information at our main legal website.