Lotane & Associates, P.A.

What Lotane & Associates, P.A. does

Lotane & Associates, P.A. is a creditors' collection law firm headquartered in Cocoa, Florida, established in 1979 and operating continuously for nearly 47 years. The firm provides contingency-based legal collection services throughout the state of Florida to five primary client verticals: hospitals and physicians (medical debt collection and hospital lien management), insurance carriers (auto and property damage subrogation), credit card companies (charge-off recovery), financial institutions (commercial debt collection for banks, credit unions, and finance companies), and collection agencies (litigation support for accounts requiring lawsuit or judgment collection). The firm's core products are Medical Collections, Hospital Liens, Insurance Subrogation, Credit Card Collections, Financial Institutions Debt Collection, and Collection Agency Litigation Support, with a forthcoming "Judgments" service line listed on its website.

The business operates without proprietary technology. Its digital footprint consists of a WordPress-based marketing and intake website (lotane.com), a PaymentVision-integrated online payment portal branded PVLotane (with a $6 convenience fee), Western Union Quick Collect wire payment capability, and standard phone/email intake channels. Operational differentiation is procedural rather than technical: the firm ranks accounts by probability of collectability through litigation, adds attorneys' fees to debtor accounts to improve effective recovery rates, and emphasizes 24/7 attorney accessibility.

The revenue model is exclusively contingency-based transaction-fee legal services; clients pay only when debts are successfully recovered, and the firm maintains an 11–50 employee headcount led by President Troy R. Lotane (active in the industry since 1985, Florida Bar admitted 1999), Director of Operations Julie Thompson (since 2007, formerly America Online), and a small attorney and legal-manager team. Go-to-market is sales-led through direct attorney-client relationships, professional association membership (Florida Bar, FLCBA, ACA/MAP, NASP, NARCA), and referral partnerships with collection agencies. The firm is founder-owned, privately held, and operates exclusively in Florida with no disclosed funding, acquisitions, or geographic expansion plans.

Name

Lotane & Associates, P.A.

Legal name

Lotane & Associates, P.A.

Website

https://lotane.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

11–50 employees

Short description

Lotane & Associates is a Florida-based creditors' collection law firm offering contingency-based legal recovery in medical collections, hospital liens, insurance subrogation, credit card debt, and litigation support for financial institutions and collection agencies across Florida.

Ownership category

akta.pro rank

Product category

Debt Collection Legal Services

NAICS

Collection Agencies (56144)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

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

akta.pro secondary industries

Specialty & Regulated Collections (Medical, Student Loan, Government, HOA) (BPAAAEAJ), Third-Party Debt Collection Agencies (Consumer & Commercial) (BPAAAEAB)

Keywords

• Debt collection law
• Medical collections
• Insurance subrogation
• Credit card collections
• Commercial debt recovery

Headquarters

HQ city

Cocoa

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Contingency-Based Legal Collection Services: Services handled on a contingency basis, meaning clients only pay when debts are successfully recovered. When attorneys' fees are added to accounts from debtors, effective contingency rates can be lower than collection agency rates. The firm also provides litigation support for collection agencies.
2. Collection Agency Litigation Support: Tailor-made collections litigation programs for collection agencies that need to proceed to lawsuit or judgment collection. Supports adding attorneys' fees to settlement judgments.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Lotane & Associates, P.A. is a creditors' collection law firm providing legal debt recovery and subrogation services to businesses throughout Florida. The firm pursues collection of delinquent accounts for hospitals, insurance carriers, credit card companies, financial institutions, and collection agencies, handling matters from demand through litigation and judgment collection on a contingency fee basis.

Product overview

Lotane & Associates, P.A. is a creditors' collection law firm offering legal collection services throughout the state of Florida since 1979. The firm's core service is debt collection legal representation operating on a contingency fee basis. Their product portfolio includes Medical Collections, Hospital Liens management, Insurance Subrogation (auto/property), Credit Card Collections, and Collection Agencies Litigation Support. Services are designed for hospitals, insurance carriers, credit card companies, financial institutions, and collection agencies seeking to recover delinquent debt through legal means including litigation.

Differentiator

Problem solved

Functional benefit

Products and services

• Hospital Liens Lien management program for Florida hospitals to collect for services rendered to patients who fail to pay. Assists hospitals in developing lien programs in applicable counties and manages claims paid through hospital liens.
• Medical Collections Legal debt collection services for hospitals and medical facilities pursuing unpaid medical bills. Handles all types of medical debt throughout Florida, offering affordable and efficient recovery on a contingency basis.
• Insurance Subrogation Subrogation legal services for insurance carriers to recover losses paid out following auto and property damage claims. Handles tens of thousands of subrogation claims with detailed investigations into accidents and post-judgment settlements.
• Credit Card Collections Consumer debt collection and charge-off recovery for credit card companies of any size. Offers cost-effective contingency-based rates with potential addition of attorneys' fees to settlements to maximize creditor recovery.
• Financial Institutions Debt Collection Commercial debt collections for banks, credit unions, finance companies, and hospitals throughout Florida. Offers contingency-based practices to work with consumers for recovery of unpaid debt.
• Collection Agencies Litigation Support Tailor-made collections litigation programs augmenting collection agency services. Provides experienced legal assistance for cases proceeding to lawsuit or judgment collection, with potential for adding attorneys' fees to increase recovered amounts.

Quantifiable outcome

• Tens of thousands of auto and property damage-related subrogation claims handled
• +1 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Encore Capital Group: Global debt buyer and collector operating across consumer credit portfolios; comparable end-customer pool of consumer debtors but with much larger scale and capital markets access.
• PRA Group, Inc. Publicly traded debt buyer and global financial services company purchasing and collecting charged-off receivables; comparable in targeting the same creditor clients and charged-off credit card debt pool.
• IC System: Large national third-party debt collection agency serving healthcare, financial, and retail creditors; broader portfolio than Lotane but overlapping in healthcare and consumer debt verticals.
• Transworld Systems (TSI): National third-party collection agency and BPO provider serving small business and consumer creditors; broader geographic and service scope than Lotane but directly overlapping in contingency collections.

Direct peers

• Resnick & Louis, P.C. Debt collection and creditors' rights law firm with insurance subrogation practice; closely comparable mix of medical, consumer, and subrogation work to Lotane.
• Zwicker & Associates, PC: Debt collection law firm representing creditors across consumer debt categories with multi-state operations and similar contingency-based model; directly comparable in service line and client type to Lotane.
• Pressler & Pressler, LLP: New Jersey-based creditors' rights and debt collection law firm serving banks and credit card issuers on a contingency basis; directly comparable in product offering and target clients.
• Blitt and Gaines, P.C. Debt collection law firm specializing in consumer debt recovery and creditor rights litigation; comparable service model and client base to Lotane.
• Mandelbaum Salsburg, PC: Creditors' rights and debt collection law firm; comparable contingency-based collection practice for commercial and consumer creditors.

Regional players

• Solar & Grillo, LLP: Florida-headquartered debt collection and creditors' rights law firm; comparable regional competitor sharing the same Florida-only regulatory environment and client verticals.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

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 Lotane & Associates, P.A.