Stokes & Wolf, P.C.

For individuals and businesses in Colorado, understanding the intricacies of debt collection can be a complex and often stressful experience. While many law firms represent debtors, Stokes & Wolf, P.C. in Denver primarily serves as a dedicated debt collection law firm, focusing on representing creditors across the entire state of Colorado. It's important for Colorado residents to understand their role and approach, particularly if they are involved in a debt-related matter. As a collection attorney service, Stokes & Wolf, P.C. works diligently to recover bad debt accounts receivable for their clients, adhering to both federal and Colorado state collection laws.

Stokes & Wolf, P.C. is conveniently located at 1776 S Jackson St #900, Denver, CO 80210, USA. This central Denver location offers good accessibility for clients across the metropolitan area and surrounding Colorado communities. Situated on South Jackson Street, the office is easily reachable, providing a professional environment for legal discussions. Its position in Denver also facilitates convenient access to various local and state courthouses, which is crucial for a firm regularly engaged in collection litigation throughout Colorado.

Stokes & Wolf, P.C. specializes exclusively in commercial and consumer debt collection matters. They represent creditors directly or through collection agencies, providing comprehensive legal services aimed at recovering outstanding debts. Their services cover the entire state of Colorado, demonstrating a broad reach and focus on this specific area of law. Their primary services include:

• Commercial Debt Collections: Recovering debts for businesses such as manufacturers, wholesalers, service companies, freight bills, and equipment suppliers.
• Consumer Debt Collections: Pursuing collection of debts from individuals, including bank, credit union, and finance company loans, credit card accounts, and student loans.
• Litigation for Debt Collection: Initiating legal action when necessary to collect debts, including pursuing judgments, foreign judgments, and sister state judgments.
• Judgment Domestication and Enforcement: Assisting creditors in legalizing and enforcing judgments obtained in other states within Colorado.
• Wage Garnishment: Pursuing and managing wage garnishments as a means of debt recovery, in accordance with legal procedures.
• Bank Garnishment: Initiating bank account garnishments to secure funds owed by debtors.
• Contingent Fee Arrangements: Offering contingent fee structures for both commercial and consumer claims, where the percentage charged depends on the type and amount of the claim.
• High Volume Account Handling: Utilizing specialized legal software like "Collection Master" and integrated web-based platforms (YGC) to efficiently manage a large volume of accounts while maintaining personal attention.
• Regular Status Reports: Providing clients with continuous updates on the progress of their collection efforts.

It's important to note for Colorado locals that Stokes & Wolf, P.C. explicitly states on their website, "Important Legal Notice: Stokes & Wolf, P.C. is a debt collector. This is an attempt to collect a debt. Any information obtained will be used for that purpose." This clarifies their role and the nature of their communications.

Stokes & Wolf, P.C. highlights several features that underpin their operations as a collection law firm in Colorado:

• Statewide Coverage: The firm collects debt anywhere in Colorado, allowing creditors to place all their claims with one office, simplifying the collection process for their clients.
• Adherence to Collection Laws: They emphasize that their collection attorney service adheres to all Federal and State of Colorado collection laws when dealing with debtors, which is a crucial aspect of their operations.
• Experienced Collection Attorney Service: With many years of experience in the collection of Colorado accounts receivable, the firm positions itself as highly regarded and respected in the field of collection law in Colorado.
• Aggressive Collection Strategies: They state their service will "aggressively collect on all of your Colorado bad debt accounts receivable," indicating a proactive approach to debt recovery.
• Technology-Driven Efficiency: The use of "Collection Master" software and the YGC platform allows for automated form generation, quick processing of payments, and efficient communication, supporting high-volume account management.
• Focus on Creditor Satisfaction: The firm's dedicated staff strives to collect each debt placed with them in a way that "ensures success and positive results for our clients," prioritizing superior service and support for creditors.
• Litigation Capability: Unlike a standard collection agency, Stokes & Wolf, P.C. is a legal service with the ability to litigate accounts throughout the Colorado legal system, offering a more robust approach to debt recovery when necessary.
• Competitive Rates: They claim to provide competitive rates, excellent service, support, and results, aiming to be a preferred choice for bad debt claims in Colorado.

As a specialized debt collection law firm, Stokes & Wolf, P.C. does not typically offer traditional "promotions" in the consumer sense. Their "offers" are structured around their fee arrangements for creditors:

• Contingent Fee Structure: They charge contingent fees for both commercial and consumer claims. This means their fee is a percentage of the amount successfully collected, making their services accessible to creditors by aligning their costs with recovery success. The specific percentage varies based on the type and amount of the claim.
• Non-Contingent Suit Fee for Commercial Litigation: For commercial litigation, they charge a 5% non-contingent suit fee which is then applied against their contingent rates. This covers initial litigation costs while still primarily operating on a contingent basis.
• Hourly Rates Available: On request, hourly rates of $250.00 are also available, providing flexibility for certain creditor clients.

Creditors interested in their services are encouraged to call to discuss their specific accounts and fee structures, as this will be tailored to their needs.

For inquiries regarding debt collection services for creditors in Colorado, or for parties who have been contacted by this firm, you can reach Stokes & Wolf, P.C. through the following contact details:

• Address: 1776 S Jackson St #900, Denver, CO 80210, USA
• Phone: (303) 753-0100

Please remember their legal notice: "Stokes & Wolf, P.C. is a debt collector. This is an attempt to collect a debt. Any information obtained will be used for that purpose."

For Colorado locals who are creditors, whether individuals or businesses, seeking to recover outstanding debts across the state, Stokes & Wolf, P.C. offers a specialized and aggressive legal service. Their statewide coverage, coupled with their exclusive focus on commercial and consumer debt collection, means they possess a deep understanding of Colorado's collection laws and judicial processes. While some reviews express dissatisfaction from the debtor's perspective, this firm's public statements and self-description clearly indicate their role as a representative of creditors, aiming for successful debt recovery through adherence to legal guidelines. Their use of advanced technology and their ability to litigate claims throughout the Colorado legal system distinguish them from non-legal collection agencies. For Colorado-based creditors looking for a law firm with competitive rates, efficient processes, and a proven ability to aggressively pursue bad debt accounts receivable, Stokes & Wolf, P.C. presents a suitable and dedicated option for managing their collection needs effectively within the state.