Collection Compliance, Licensing & Transactions
Weinberg, Jacobs & Tolani, LLP has extensive experience in collection regulatory and compliance matters, including federal and state regulation compliance, licensing and litigation management.
Regulatory Compliance & Litigation Management
Our firm is skilled in representing first party collection agencies, third party collection agencies, debt purchasers and commercial and consumer collectors. We are skilled in drafting contracts, federal and state compliance programs and document retention policies applicable to collection agencies. Our attorneys have in-depth knowledge of the requirements of each licensing jurisdiction, including extensive experience with each state’s specific requirements, exemptions and compliance procedures. We represent numerous clients with litigation management, resolving cases, quickly and efficiently and developing personalized compliance programs based upon our clients needs and practices.
We will work with you to review your collection practices to ensure you are in compliance with all state licensing requirements. More than 38 US states and cities have their own licensing or registration rules; with our help, the process of obtaining and renewing licenses can be seamless for your consumer or commercial collection agency. We provide individual, specialized assessment of your agency’s licensing needs, as well as preparation and submission of applications and renewals. In addition, our lawyers can provide guidance in answering the various legal, financial, and personal questions that many states require. We have professional relationships with state agencies, bond companies, in-state managers, and registered agents, and we can bring our expertise to your agency.
Mergers, Acquisitions and Transactional Assistance
With our combined years of experience in the collection industry, we have handled numerous mergers, acquisitions and formation of companies, specializing in licensing, compliance and litigation due diligence reviews. Our firm supervises transactions from their inception to closing. We are skilled in drafting purchase agreements, employment and transition agreements, organizational documents and other various documents necessary to complete these transactions. We also assist our clients in the negotiation of the range of topics that are common with these deals and are there every step of the way to guide our clients through these complex transactions.