About The Case
Stibbs & Co. P.C. attorneys represented a creditor to pursue collection of a $500,000 debt that had been outstanding for five years. Through a series of tolling agreements that preserved and strengthened the creditor’s rights, while at the same time providing the debtor with an opportunity to sell certain real property assets under carefully monitored conditions, Stibbs & Co. P.C. was able to obtain full principal repayment to the creditor, along with interest and attorney’s fees, without ever filing suit.