We are pleased to share a powerful testimonial from Walter B, of Southern Bank that underscores how National Lien and Bond Counsel’s legal network has successfully helped our clients secure payment in challenging circumstances.
CLIENT TESTIMONIAL
Walter highlighted our effectiveness, stating, “I have been very impressed with how communicative, results-oriented, cost-effective, and most importantly PROACTIVE you are.” He noted that our proactive approach was crucial, mentioning, “Not once have I had to reach out to you for an update…you reached out to me.”
VELEX TELECOM CASE
In the context of the Velex Telecom case—one of the largest Chapter 11 bankruptcies in the telecom industry—over $90 million of unsecured debt likely not to be paid to suppliers – Walter emphasized our success in securing payment: “We quickly managed to get four liens in place in four different states.” While many creditors received nothing, our client recorded 100% recovery of past due accounts. Walter remarked, “If it wasn’t for that, our client (and us, for that matter) would have lost everything on the account. Instead, we were made whole.”
Walter concluded with high praise: “Long story short, great work guys.”
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