Legal Debt Collection on a contingency fee.
Legal escalation on a complete contingency basis.
Collection Efforts.
The first step is sending your claims to our team of expert debt collectors. These professionals employ proven strategies to recover outstanding debts, utilizing their industry-specific knowledge and our deep data set to maximize success. However, we understand that some cases may require legal intervention beyond traditional collection efforts.
Escalating to Legal.
When standard collection methods prove ineffective, CannaBIZ Collects can seamlessly transition an open claim to the legal phase. We boast a nationwide network of attorneys, each well-versed in the unique cannabis collection laws of their respective states. This guarantees that the lawyer handling your case is knowledgeable about the nuances of both debt collection and the cannabis industry.
Paying Legal Fees.
Once your collector recommends escalating to legal and you approve legal action on the file, you will only have to pay the pass-through court costs to file the suit. After that, you will only pay a flat contingency fee out of the money our associate legal counsel has collected, instead of having to pay hourly rates. No collection. No Fee. Period.
Have more questions about how to escalate to legal? Schedule a call today!
Optimizing Debt Collection in the Cannabis Industry: CannaBIZ Collects Offers Cost-Effective Legal Solutions
Navigating the cannabis industry can be a complex and challenging task, given its federal illegality and the unique set of regulations imposed by each state. This complexity extends to financial matters, especially when it comes to collecting debts. At CannaBIZ Collects, we recognize the intricacies of the cannabis industry and offer a comprehensive legal network to address debt collection challenges.
What sets CannaBIZ Collects apart is our commitment to providing a financially feasible solution. Instead of burdening clients with costly hourly legal fees, we operate on a contingency fee basis. This means that you only pay if we successfully collect the money owed to you. Our approach is a holistic one, addressing debt collection challenges first through our expert team of collectors and seamlessly escalating to our state-by-state legal network if necessary.
Choosing CannaBIZ Collects means selecting a partner with a deep understanding of the cannabis industry, a commitment to effective debt recovery, and a cost-effective legal solution. We stand as a beacon of support for businesses navigating the complexities of debt collection in the ever-evolving landscape of the cannabis market.
Find the resources you need to collect your money.
READ OUR BLOG —
Learn best practices for credit and collections in the cannabis industry by reading our blog.
FAQs? —
Do you have questions about how we operate? Read our most frequently asked questions.
TESTIMONIALS —
Read what our clients have to say about our services for collecting their money and settling debts.
FAQs about our Cannabis Legal Network
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CannaBIZ Collects boasts the capability to escalate to legal proceedings in every legal cannabis state across the United States. Our extensive network of cannabis lawyers ensures that we can effectively proceed with litigation to recover your outstanding debts, regardless of the state where the cannabis debtor company resides.
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We have strategically developed a network of experienced cannabis lawyers who specialize in debt collection within the cannabis industry. Each lawyer in our network possesses a deep understanding of the unique legal nuances surrounding cannabis laws in their respective states. This expertise allows us to provide tailored legal representation to effectively pursue debt collection on your behalf.
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When you approve legal action on your file and our team recommends escalation, you will only be responsible for covering the pass-through court costs required to file the lawsuit. Following this, our fee structure operates on a contingency basis. You will only pay a flat contingency fee out of the funds successfully collected by our associate legal counsel. This means no upfront hourly rates – it's a "No collection. No Fee. Period." policy.
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Initially, our team of expert debt collectors will diligently work on your case using proven strategies to recover outstanding debts. However, in situations where traditional collection efforts prove ineffective, we will assess the viability of legal action. Factors such as the debtor's responsiveness, the amount owed, and the complexity of the case will influence our recommendation to escalate to legal proceedings.
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If our debt collection efforts fail, we transition to our legal phase, utilizing our expertise in the cannabis industry and our extensive nation-wide legal network to escalate and sue the debtor.
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Initially, our expert debt collectors strategize to recover debts. If needed, we seamlessly escalate to legal action, all while keeping clients informed and involved.
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By operating on a contingency fee basis, clients only pay if we successfully collect the money owed to them, eliminating the burden of costly hourly legal fees.
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Our holistic approach, combining expert debt collectors with a state-by-state legal network, ensures effective debt recovery tailored to the cannabis industry's complexities.
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We stand as a beacon of support for businesses navigating the complexities of debt collection, offering tailored solutions and expert guidance in the ever-evolving landscape of the cannabis industry.
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While legal action may be necessary in some cases, it is not always the final step in our debt collection process. Our approach is holistic, aiming to resolve debt collection challenges efficiently and effectively. Following legal escalation, if required, we continue to pursue all available avenues for debt recovery, ensuring the best possible outcome for our clients.