Ballato, Michael B. Attorney from Richmond Virginia works as Attorneys,
Collection Lawyers,
Corporate Business Lawyers,
Corporate Finance & Securities Lawyers,
and Creditors' Rights Lawyers.
Feel free to contact us at the following contact information.
3123 West Broad Street
Richmond
Virginia,
23230
[Open in Maps]
(804)358-4961
(804)353-1036
www.caudleandballatopc.com
rkcjrpc(at)erols.com
Last updated 2023-09-20
Specialties of Ballato, Michael B. Attorney:
- Attorneys
- Collection Lawyers
- Corporate Business Lawyers
- Corporate Finance & Securities Lawyers
- Creditors' Rights Lawyers
Attorneys: A lawyer is a person who practices law, as an advocate, barrister, attorney, counselor or solicitor or chartered legal executive. Working as a lawyer involves the practical application of abstract legal theories and knowledge to solve specific individualized problems, or to advance the interests of those who hire lawyers to perform legal services. The role of the lawyer varies greatly across legal jurisdictions, and so it can be treated here in only the most general terms.
Collection Lawyers: Debt collection is the process of pursing payments of debts owed by individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector. Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed. There are many types of collection agencies. First-party agencies are often subsidiaries of the original company the debt is owed to. Third-party agencies are separate companies contracted by a company to collect debts on their behalf for a fee. Debt buyers purchase the debt at a percentage of its value, then attempt to collect it. Each country has its own rules and regulations regarding them.
Corporate Business Lawyers: A corporate lawyer is also known as In-House Counsel, Staff Attorney, Deputy General Counsel, General Counsel and Chief Legal Officer. Their primary objective is to serve the interests of the corporation, not the owners of the business or the officers who run it. In addition to legal counsel, they may also be called upon to provide business advice. They may practice other areas of law concerning mergers and acquisitions, trademarks, tax law bankruptcy, employment, securities, real estate or international commercial law.
Creditors' Rights Lawyers: Creditors' rights are the procedural provisions designed to protect the ability of creditors—persons who are owed money—to collect the money that they are owed. These provisions vary from one jurisdiction to another, and may include the ability of a creditor to put a lien on a debtor's property, to effect a seizure and forced sale of the debtor's property, to effect a garnishment of the debtor's wages, and to have certain purchases or gifts made by the debtor set aside as fraudulent conveyances. The rights of a particular creditor usually depend in part on the reason for which the debt is owed, and the terms of any writing memorializing the debt.
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