Scott F. Soape & Associates, LLC

25/05/2026

Negotiating Settlements on Judgments

Once a creditor is awarded a judgment from the court, they have more tools available to compel payment in full.

This could include having the court appoint a Receiver. The Receiver is typically another attorney tasked with identifying all assets owned by the Defendant that might be available to pay the judgment. They answer directly to the court and failure to comply with requests for information could place the Defendant in jeopardy of being charged with contempt of court. A Receiver will also add their fees to the total due from the Defendant.

Another option available to the creditor is a bank account garnishment. If the Defendant has been making payments that can be traced back to their bank, the creditor already has this information. They can serve the bank with the garnishment and the bank is required to freeze any funds on deposit upon receipt. Beyond the disruption for the Defendant’s normal banking needs, this also creates another expense for the bank’s legal costs.

Although there still may be some room for negotiating a discount, It is always best to avoid a judgment if possible. Simply keeping lines of communication open once a lawsuit has been filed and responding properly is often all it takes.

Send a message to learn more

14/04/2026

Bank Account Garnishments

My client had a judgment against his company for over $148,000 and the creditor garnished their bank account in an effort to enforce the claim.

When this happens, the bank is required to place a hold on any funds up to the amount specified in the garnishment order. Bank attorneys typically review the documents, identify any deposits affected and report back to the creditor's attorney.

This is never a quick process and my client's lack of access to bank funds threatened to devastate business operations.

Since I deal with this creditor's attorney regularly, I was able to make a few phone calls and negotiate a settlement for $13,000 total... saving my client over $135k.

Unfortunately, the bank moved at a snail's pace and it still took nearly 3 weeks for them to release my client's account.

The good news is that my client was eventually able to get back up to speed and resume business as normal.

Send a message to learn more

23/03/2026

Creditor's Attorneys

I just got off the phone with a creditor's attorney I have dealt with on many different claims over the years. After we discussed a current case, he said "you know, you are not like most of the debt resolution companies I deal with".

He went on to say that he is always happy to see my name on an email or his phone because he knows we will most likely reach a resolution.

This was a nice validation and pretty much what I hope the other creditor attorneys think of my service. Although we represent different sides on these disputes, the ultimate goal for all parties is an acceptable resolution. Hopefully, my favorable reputation in this small community helps to grease the wheels for my clients.

03/03/2026

Texas Mutual Insurance Company Lawsuits

I negotiated my first discounted out-of-court settlement with Texas Mutual over 28 years ago... back when they retained outside counsel on these claims.

They began using in-house attorneys many years ago and I have dealt with them regularly ever since, even meeting with them when their offices were located in downtown Austin.

I have worked with them on behalf of my clients so often that their newest lawyer was directed to call and introduce herself to me shortly after being hired just a few years ago.

If you have been sued by Texas Mutual, please feel free to call my office for a free consultation. I am happy to discuss your options and let you know what to expect with a discounted out-of-court settlement.

Send a message to learn more

10/02/2026

Attention Real Estate Professionals:

I can help your clients clear title to properties whenever a preliminary title report indicates "Exceptions to Title"... such as judgments, liens, lawsuits or UCC filings… prior to a sale.

I may be able to settle these claims at a DISCOUNT and save your client thousands of dollars at closing. If I am unable to negotiate a discount, there is no charge for my efforts.

Save a sale or simply put more money in your client's pocket.

No upfront cost to your client. My fee is paid at closing of escrow from sales proceeds.

Call my office at (512) 930-0919 to discuss details.

Send a message to learn more

14/01/2026

Credit Card Balances

Last week I was able to assist a client with his business-related past due credit card accounts.

Balances on his 4 accounts amounted to $93,275 and all accounts had been charged off by Capital One. Negotiations for a discount through their Collections Department resulted in savings of $42,000 (45%) with payments spread over 24 months at 0% interest.

My client is now able to manage payments going forward and avoid a likely lawsuit.

Send a message to learn more

10/12/2025

MCA Loans

Merchant Cash Advance loans have become a huge problem for many small to medium sized businesses.

They are not technically "loans" since they represent the purchase of future receivables. This allows the purchaser (lender) to skirt around usury laws and charge exorbitant interest rates with burdensome repayment terms, typically structured with weekly or even daily automated bank account draws.

Online applications often allow for quick funding... sometimes the same day... and this can be attractive to company owners needing a quick financial fix.

I have settled and restructured many problem MCAs in recent years so feel free to contact my office to discuss your specific situation.

Just this week, I closed a settlement with a large nationally known MCA "lender". My client was on the hook for more than $194k and I was able to save him over $62k with a $132k settlement.

Send a message to learn more

14/11/2025

28 Years Assisting Clients

This month marks my 28th year helping small to medium sized business owner clients restructure and settle their problem and disputed payable accounts.

My efforts over the years have resulted in savings to my clients of more than $35 million dollars. Savings for 2025 year-to-date alone amount to over $1,245,000.

Looking forward to many more years!

Send a message to learn more

09/10/2025

Another Substantial Discounted Settlement

My roofing company client failed to receive payment as agreed on a number of projects. Unfortunately, he was then unable to pay one of his suppliers in full and a lawsuit was filed.

My services were retained to assist with a settlement, and I have been engaged in negotiations with the supplier's attorney over the past 4 months.

This week, both parties agreed to settle the $95,600 claim for a lump-sum payment of $45,000 resulting in savings to my client of $50,600. Covering the settlement will require outside financing for my client but the savings more than offset the interest on payments.

Send a message to learn more

17/08/2025

Big and Small Claims

This past week my cases ranged from claims of under $6,000 to more than $350,000. Each client and each claim always receive my full attention and dedication to reach the very best outcome.

On a $5,950 business credit card debt, I was able to save my client $1,950 (33%) with a $4,000 settlement along with manageable monthly payments of $500 at 0% interest.

The commercial creditor on the larger claim of $350,638 agreed to settle for $155,000, saving my client $195,368 (56%).

Feel free to contact my office to discuss your disputed or problem payable accounts regardless of the size. If I am unable to assist, I am always happy to provide some guidance or steer you in the right direction for a resolution.