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20 Years Assisting Business Owners

20 Years Assisting Business Owners

November 2017 – Scott F. Soape& Associates, LLC celebrates 20 years in business. Georgetown resident and entrepreneur, Scott Soape, has provided commercial debt resolution services to small and medium size businesses nationwide for 20 years. Soape assists business owners with their past due or disputed debts, judgments, […]

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Another Company Rescued

Another Company Rescued

It is always gratifying when I can assist a business owner with problem debts and lessen their financial burden. Often, this can make the difference between continuing business operations or closing the doors. A case I closed earlier this year not only allowed a business to remain […]

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How My Fee Works

How My Fee Works

Fees for my service are charged on a case-by-case basis and are based on the size and complexity of each individual case. This is typically determined during an initial free consultation with a prospective client. A fully refundable retainer for a portion of my fee is usually […]

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Agreed Judgments to Secure a Settlement

Agreed Judgments to Secure a Settlement

It is not uncommon for a commercial creditor’s attorney to request an Agreed Judgment when they settle on a pending lawsuit. An Agreed Judgment is basically an agreement from the debtor business that they owe a specified amount to a creditor without going to court. Typically it […]

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How Much of a Discount Can You Expect?

How Much of a Discount Can You Expect?

One of the most frequent questions I get is: “How much can you discount this debt?” My answer is often: “It depends”. There are many factors that impact a settlement and every situation is unique, even when they entail a creditor company I have dealt with previously. […]

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Communication Is Key

Communication Is Key

Many of the past due debt situations I encounter could have been avoided with better communication between the parties. Most commercial creditors are willing to be flexible with repayment if they are kept informed of a debtor company’s financial situation when times are difficult. These problems usually […]

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Disclaimer

Scott F. Soape & Associates, LLC is NOT A LAW FIRM. No legal advice can or will be provided.

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