Asset liquidation Banks Garnishment 
Taurus Collect
MARCH 5, 2024
Creditors may take legal action to recover the debt, which might result in wage garnishment or a lien against your property. Cash Flow Interruptions: Ignored debts can lead to frozen bank accounts or seized assets, significantly hindering daily operations and the ability to conduct business effectively.
Sawin & Shea
SEPTEMBER 27, 2023
If the court grants a judgment in favor of the creditor, they have additional collection options, such as wage garnishment, bank account levies, or placing liens on the debtor’s property. In some cases, debt collectors may take legal action by filing a lawsuit against you to obtain a court judgment.
Expert insights. Personalized for you.
52 
Let's personalize your content