LEO: Purchase and Collection of Accounts  LE Op. 274

 

Purchase and Collection of Accounts Receivable by Attorney.

 

December 3, 1975

 

It is not improper for an attorney or law firm to purchase accounts

receivable from a trustee in bankruptcy or from any other person, firm or

corporation and to collect the same under individual or firm name.

 

Committee Opinion December 3, 1975