Shermeta

What Shermeta does

Shermeta Law Group, PLLC is a Michigan-based creditors' rights law firm specializing in two practice areas: consumer bankruptcy representation and consumer/commercial debt collection. Founded in the wake of the 1978 Bankruptcy Reform Act and operating for over 40 years in collection law and over 25 years in bankruptcy law, the firm has evolved from a local Michigan consumer bankruptcy practice into a management entity handling national bankruptcy portfolios for financial institutions and the country's largest lenders. Service lines include first meeting of creditors appearances, reaffirmation agreements, non-dischargeability actions, secured collateral recovery, Proofs of Claims, and Objections to Confirmation, alongside high-volume consumer and commercial debt collection.

The firm's revenue model is professional services, structured through direct engagement agreements with creditor clients on a case or matter basis; no pricing tiers are publicly disclosed. Go-to-market is sales-led and reputation-driven, leveraging memberships in NCBA, MCBA, RMAi, and ACA International, plus NWBOC and WBENC women-owned business certifications that position the firm for supplier diversity programs at major lenders. Physical presence is concentrated in Auburn Hills, Michigan (headquarters at 1030 Doris Road, Suite 200) with a Rochester, Michigan mailing address; services are delivered nationwide while the firm explicitly markets to clients in Michigan and Ohio.

The technology stack is non-proprietary: the firm invests in computer technology and management training to handle high-volume account work, operates a basic online payment portal at shermeta.payportal.io for debtor payments, and maintains an informational website with a Spanish-language version. There are no patents, proprietary software products, APIs, or AI/ML capabilities disclosed. The firm has 101-250 employees and is privately held with no disclosed funding, M&A, or institutional investors.

Name

Shermeta

Legal name

Shermeta Law Group, PLLC

Website

https://shermeta.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

101–250 employees

Short description

Shermeta Law Group, PLLC is a Michigan-based creditors' rights law firm providing consumer bankruptcy representation and consumer/commercial debt collection services to national financial institutions and the country's largest lenders, with over 40 years of practice.

Ownership category

akta.pro rank

Product category

Legal Services - Creditors' Rights / Bankruptcy & Collection Law

NAICS

Offices of Lawyers (541110), Legal Services (5411), Collection Agencies (561440)

SIC

Services-Legal Services (8111), Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Legal Collections & Litigation Support (Judgments, Garnishments) (FSAKAJAD)

akta.pro secondary industry

Legal Collections Support (Pre-Lit, Litigation Admin, Judgment Recovery) (BPAAAEAH)

Keywords

• Creditors rights law
• Consumer bankruptcy legal
• Debt collection law
• Bankruptcy portfolio management
• Creditor legal services

Headquarters

HQ city

Rochester Hills

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Legal Services – Bankruptcy Representation: Shermeta Law Group provides legal representation in consumer bankruptcy proceedings on behalf of creditor clients, including appearance at first meeting of creditors, obtaining reaffirmation agreements, filing non-dischargeability actions, recovery of secured collateral, filing Proofs of Claims and Objections to Confirmation.
2. Legal Collections Services: The firm provides consumer and commercial debt collection legal services, handling high volumes of accounts for creditors and financial institutions. Services include managing bankruptcy portfolios for national credit portfolio clients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Shermeta Law Group is a creditors' rights law firm providing legal representation and management services in two core practice areas: (1) Consumer Bankruptcy — appearing at creditor meetings, securing reaffirmation agreements, filing non-dischargeability actions, recovering secured collateral, and filing Proofs of Claims and Objections to Confirmation on behalf of creditor clients; and (2) Consumer and Commercial Collections — providing legal debt collection services for high-volume accounts held by national financial institutions and lenders. The firm serves Michigan and Ohio directly while providing nationwide legal services and supports its practice with an online payment portal.

Product overview

Shermeta Law Group is a traditional law firm offering two primary legal service lines: Consumer Bankruptcy representation and Consumer/Commercial Collections. The firm operates an online payment portal for client convenience. The practice areas are delivered through legal professionals rather than a software platform architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Consumer Bankruptcy Legal Services Legal representation and management of consumer bankruptcy proceedings on behalf of creditor clients. Services include appearance at first meeting of creditors, obtaining reaffirmation agreements, filing non-dischargeability actions, recovery of secured collateral, and filing Proofs of Claims and Objections to Confirmation. Targeted at creditors — particularly national financial institutions and large lenders — with consumer bankruptcy portfolios.
• Consumer and Commercial Debt Collection Legal Services Legal debt collection services for consumer and commercial accounts, handling high-volume portfolios for national financial institutions and lenders. Includes managing bankruptcy portfolios for national credit portfolio clients. Aimed at creditors seeking expertise in efficient, accurate large-volume legal collection work.
• Online Payment Portal A web-based payment portal hosted at shermeta.payportal.io that allows debtors and clients to make payments online. Offered as a convenience channel supporting the firm's bankruptcy and collections practices.

Quantifiable outcome

• The firm has received multiple client awards from major lenders for successful and expeditious consumer debt collection.

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• National Creditors Bar Association (NCBA)coreOthersShermeta Law Group is a member of the National Creditors Bar Association (NCBA), an industry association supporting creditors' rights attorneys. Membership indicates adherence to industry standards and provides networking and professional development opportunities.
• Michigan Creditors Bar Association (MCBA)coreOthersShermeta Law Group is a member of the Michigan Creditors Bar Association (MCBA), the state's professional association for creditors' rights attorneys. Membership supports local industry engagement and compliance with Michigan-specific standards.
• Receivables Management Association International (RMAi)coreOthersShermeta Law Group is a member of RMAi, an international association for receivables management professionals. RMAi membership provides access to industry best practices, certification programs, and regulatory guidance.
• The Association of Credit and Collection Professionals (ACA International)coreOthersShermeta Law Group is a member of ACA International, the Association of Credit and Collection Professionals. ACA International is a major industry organization providing education, certification, and advocacy for debt collection professionals.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Phelan Hallinan Diamond & Jones: Large creditors' rights law firm representing national mortgage servicers and consumer lenders in bankruptcy and foreclosure matters across multiple states. Comparable to Shermeta as a bankruptcy-focused creditors' rights firm serving enterprise financial clients.
• Weltman, Weinberg & Reis Co., LPA: Ohio- and Michigan-based creditors' rights law firm providing consumer and commercial collections, bankruptcy, and foreclosure representation for national lenders. Highly comparable to Shermeta in practice mix, regional Midwestern base, and creditor-side client roster.
• Kass Shuler: Florida-based creditors' rights and consumer collections firm serving national banks and lenders. Comparable to Shermeta in its creditor-side practice and reliance on large-lender client relationships.
• Bonial & Associates: Texas-based creditors' rights law firm providing bankruptcy and collections services to national financial institutions. Directly comparable in core practice areas and target clientele.
• Stern & Eisenberg: Multi-state creditors' rights firm with practices in bankruptcy, foreclosure, and consumer debt collection, serving major banks and servicers. Directly comparable to Shermeta on legal service lines and target client base.
• Buckeye Law Group: Ohio-headquartered creditors' rights and consumer collection firm serving lenders and debt buyers in Ohio and Michigan. Geographic overlap with Shermeta and directly aligned service offerings.
• Law Offices of Daniel C. Consuegra: Creditors' rights and consumer bankruptcy firm representing banks and lenders in default-related matters. Comparable to Shermeta in practice focus and creditor-side client base.

Broad incumbents

• PRA Group: Large publicly-traded debt buyer and servicer managing portfolios of defaulted consumer receivables. Comparable in serving the same national lender clients that drive Shermeta's pipeline, though operating at a different point in the value chain.
• Encore Capital Group: Publicly-traded specialty finance company that purchases and collects charged-off consumer debt at scale. Broad incumbent in the debt collection and recovery ecosystem where Shermeta operates on the legal-services side.

Regional players

• Acclaim Legal Services: Michigan-headquartered consumer bankruptcy and debt-related legal practice with overlapping practice areas to Shermeta. Comparable but operating in a different customer segment (consumer-debtor facing).

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/4519685508069917

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shermeta