Collections Law

JUNE 20, 2024

Cohen & Associates LLC, our commercial collections attorneys have more than 50 years of experience helping Massachusetts and out-of-state creditors seek judgments from their debtors and collect on unpaid debts. Our commercial collections attorneys are aggressive and relentless.

Commercial Collection 52

Commercial Collection Judgment Collections Debtor 52

Jimerson Firm

NOVEMBER 23, 2020

Repossession efforts may be lawful, provided the debtor does not object, and the collateral is taken from unenclosed parts of the debtor’s property, such as the driveway. Barnett Bank of Pensacola , 397 So. Collection of Accounts Receivable. 2d 1020 (Fla. 1st DCA 1981). Step 2: Notice of Sale. 679.611(3), Fla.

Collateral 98

Collateral Loans Secured Creditor Lender 98

Collections Law

SEPTEMBER 29, 2021

Unfortunately, collecting on that judgment could prove to be a challenge. The experienced commercial collection attorneys at Law Offices of Alan M. Cohen LLC have almost 50 years of combined experience assisting clients with not just obtaining a judgment, but actually collecting the money their debtors owe them.

Collections 52

Collections Commercial Collection Debtor Judgment 52

Jimerson Firm

NOVEMBER 16, 2020

Florida courts have established a two-part test to determine if a secured creditor “breached the peace” within the meaning of Section 679.609(2)(b) of the Florida Statutes: “(1) whether there was entry by the creditor upon the debtor’s premises; and (2) whether the debtor or one acting on his behalf consented to the entry and repossession.”

Secured Creditor 69

Secured Creditor Collateral Repossession Creditors 69

Collections Law

APRIL 2, 2024

When a debtor is delinquent, one of the biggest concerns for creditors is that the debtor doesn’t have enough money to pay what they owe. Securing an ex parte attachment to obtain pre-judgment security as part of a collections lawsuit can help to alleviate these concerns. At Law Offices of Alan M.

Collections 52

Collections Judgment Debtor Commercial Collection 52

Collections Law

MARCH 19, 2024

When a debtor is delinquent, one of the biggest concerns for creditors is that the debtor doesn’t have enough money to pay what they owe. Securing an ex parte attachment to obtain pre-judgment security as part of a collections lawsuit can help to alleviate these concerns. At Law Offices of Alan M.

Collections 52

Collections Judgment Debtor Commercial Collection 52

Collections Law

FEBRUARY 14, 2022

An ex parte bank attachment Once we sue the debtor for the amount due, we have many methods of collection at our disposal. With bounced checks, we often use an ex parte bank attachment, also known as a trustee attachment. This gives us direct access to the debtor’s money once we have our judgment in hand.

Collections 52

Collections Judgment Debtor Commercial Collection 52

Collections Law

MAY 10, 2022

The experienced commercial collection attorneys at Law Offices of Alan M. Cohen LLC have been helping businesses successfully collect outstanding debt since 1994. Our other option is to wait until after we receive the judgment from the court, known as post-judgment collection. How do you collect after the judgment?

Judgment 52

Judgment Collections Debtor Commercial Collection 52

Collections Law

AUGUST 30, 2021

The entire goal of a commercial collection action is to obtain payment from a person or business that owes you money. The power of planning ahead One of the benefits of using pre-judgement attachments is that you can sometimes do so without giving notice to the debtor. How do bank attachments work?

Collections 40

Collections Commercial Collection Debtor Banks 40

Collections Law

JANUARY 19, 2022

Though you always hope your customers will pay their bills on time, delinquent debtors are an unfortunate but normal part of doing business. Cohen LLC, our experienced commercial collection attorneys have been helping businesses recover debt since 1994. You can take steps to protect yourself and your company, however.

Collections 52

Collections Commercial Collection Lawyers Debtor 52

Stevens Lloyd

SEPTEMBER 27, 2018

At the Stevens-Lloyd Group, in addition to utilizing our unique blend of incorporating phone calls, strong written communication skills and litigation, we also utilize more advanced debt collection techniques. These include Writs of Execution, Bank levies, and Wage garnishments. Bank Levies. What is a Writ of Execution.

Collections 40

Collections Garnishment Debtor Commercial Collection 40

Collections Law

MAY 7, 2020

When we win your case, collecting the judgment may be made easier if monies were previously frozen by way of an ex parte bank or trustee attachment. The ex parte bank attachment is also a powerful tool our collections lawyers use to collect post judgment.

Lawyers 52

Lawyers Mechanic’s Liens Collections Debtor 52

Jimerson Firm

JULY 30, 2020

Most commercial loan documents will include an acceleration clause, which is a clause that allows the lender to accelerate the total remaining amount due on the loan. Bank of America, N.A., Bank, N.A. See, e.g. , Flagship Bank of Orlando v. Bank of Montreal, 542 So. First Nat’l Bank & Tr., In First Fla.

Lender 98

Lender Foreclosure Loans Banks 98

Debt RR

AUGUST 3, 2020

Routine phone calls: Demand letters are a formal process that gives debt collectors leverage if they have to sue for the balance owed, but phone calls are the most common way commercial debt collection agencies will use to try to communicate with debtors. What Happens to Debt that is Sold to a Commercial Collection Agency?

Collection Agencies 42

Collection Agencies Collections Agency Debt collector Garnishment 42

FFGN COLLECT NY

JANUARY 19, 2022

Work has changed in a lot of ways, but does the fact that so many New York businesses have switched to remote work affect the collectability of your collection claim? We’ve heard from some debtors that checks are cut on a schedule. At no time would a marshall or sheriff enter a private residence to collect a money judgment.

Collections 52

Collections Judgment Commercial Collection Debtor 52

Collections Law

SEPTEMBER 24, 2020

The faster you move collecting commercial debt, the higher your chances of success. Many debtors try to hide from their obligations, especially if they owe monies to numerous parties. When dealing with shady and delinquent debtors such as these, it is crucial to have a quick and effective plan of action.

Debt Recovery 40

Debt Recovery Lawyers Collections Commercial Collection 40

Collections Law

SEPTEMBER 24, 2020

The faster you move collecting commercial debt, the higher your chances of success. Many debtors try to hide from their obligations, especially if they owe monies to numerous parties. When dealing with shady and delinquent debtors such as these, it is crucial to have a quick and effective plan of action.

Debt Recovery 40

Debt Recovery Lawyers Collections Commercial Collection 40

Jimerson Firm

NOVEMBER 13, 2020

The court can also order a deficiency judgment against the debtor—that is, a money judgment—to the extent the foreclosure sale does not produce sufficient funds to pay the debt owed to lender on the SBA loan. However, foreclosures (particularly contested foreclosures) can be expensive and less efficient than other liquidation methods.

Loans 98

Loans Collateral Foreclosure Lender 98

Collections Law

APRIL 5, 2022

Nearly any commercial enterprise can benefit from professional collection assistance. What does a collection attorney do? This means we examine the debtor’s financial assets and ask the court to secure them for collection before we receive the court’s judgment in your favor. At Law Offices of Alan M.

Collections 52

Collections Credit Unions Credit Unions Judgment 52

Collections Law

FEBRUARY 11, 2020

Are you struggling with debt collections from a debtor who seems to have no intention of paying you back? Even if it is won, a judgment is a mere piece of paper that can easily be ignored and rejected by the debtor. Even if it is won, a judgment is a mere piece of paper that can easily be ignored and rejected by the debtor.

Debtor 40

Debtor Judgment Debt Recovery Commercial Collection 40

The Kaplan Group

JUNE 25, 2020

Commercial collection agencies like ours specialize in collecting on B2B debt. If your business is getting calls from a collection agency, you may wonder how this will affect your business credit. Banks, utility and credit card companies routinely update credit bureaus on your payment activity and outstanding debt.

Collections 64

Collections Collection Agencies Collections Agency Collection Agent 64

Collections Law

JULY 1, 2020

You’ve tried everything in your power, but the debtor doesn’t respond or keeps making excuses to buy more time. At the end of the day, a collection agency will collect only low-hanging fruit and tell you that there is nothing more that they can do to help you. Why Hire a Collections Attorney? The Law Offices of Alan M.

Mechanic’s Liens 52

Mechanic’s Liens Debt Recovery Collections Judgment 52

Jimerson Firm

DECEMBER 30, 2020

The borrower’s current financial information allows the lender or CDC to make prudent lending decisions regarding the feasibility and structure of the workout agreement. 3) a complete copy of the borrower’s personal federal income tax returns from the past two years, or a written explanation as to why a copy is not available.

Loans 98

Loans Collateral Lender Foreclosure 98

Jimerson Firm

JANUARY 27, 2021

2) SBA Form 770 (Financial Statement of Debtor) , or other current financial statement, signed under penalty of perjury, showing the borrower’s assets, liabilities, income, and expenses. If the borrower is a going concern, the borrower must include their last year-end financial statements.

Loans 96

Loans Lender Collateral Creditors 96

Jimerson Firm

AUGUST 7, 2020

The receiver will also be required to post with the court a bond that is conditioned on the faithful discharge of the receiver’s duties, is issued by one or more sureties approved by the court, is in an amount specified by the court, and is effective as of the date of the receiver’s appointment. 1), Fla.

Foreclosure 98

Foreclosure Lender Judgment Creditors 98