FFGN COLLECT NY

SEPTEMBER 22, 2021

A client of ours in the waterproofing business asked for our best practices when enforcing a judgment. Best practices would generally infer that judgment enforcement differs based on the creditor’s industry, but that’s not the case. If so, obtaining the debtor’s banking information is relatively simple.

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FFGN COLLECT NY

JULY 23, 2020

In order to vacate, set aside, or remove a default judgment in New York, you must make a motion to the court in which the judgment was entered. The motion will contain a specific request for the court to vacate the judgment and return monies taken to satisfy the judgment. Two Methods for Vacating a Default Judgment.

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FFGN COLLECT NY

SEPTEMBER 23, 2022

Since the documents anticipate a default in payment by the buyer, why then do merchant cash advance companies record judgments in New York? Due to abuse, New York outlawed the practice of allowing confessions of judgments executed outside of New York to be filed within the state. They can not execute statewide.

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Collections Law

JANUARY 7, 2021

If you are an out-of-state business dealing with a delinquent debtor in the Commonwealth of Massachusetts, it’s a much more straightforward process than you might think to domesticate your judgment. However, it is still an uphill battle to have such a judgment enforced. Attachment of Assets. Supplementary Process. Receivership.

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FFGN COLLECT NY

AUGUST 12, 2021

If you have a judgment against a person who owes you a sizable debt and had little success enforcing the judgment through traditional means, alternative options might afford better results. How to Enforce a Judgment Through Estate Distribution. Once satisfied, funds may be distributed to the judgment debtor.

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Collections Law

MAY 7, 2021

Winning your case in court is often the easy part of the legal debt collection process; it’s collecting your payment post-judgment where things get challenging and require a bit of strategy. One is through post-judgment discovery, where we work to follow your debtor’s money trail to find any assets that they may be attempting to hide.

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Collections Law

APRIL 1, 2020

Collecting debts from debtors having assets in Massachusetts while you are in another state or a different country used to be difficult, even if you had a judgment against them. Massachusetts was among the few states that had not adopted the Uniform Enforcement of Foreign Judgment Act. Not Just Domestication — Enforcement, Too.

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FFGN COLLECT NY

JUNE 3, 2020

Is garnishing PPP or CARES Act funds an option for satisfying outstanding monies owed to judgment creditors? Although New York has liberal laws on judgment enforcement, CPLR Sect 5222-a provides a laundry list of funds exempt from creditors’ reach. The post Can a NY Judgment Creditor Garnish PPP or Other CARES Act Funds?

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Collections Law

AUGUST 11, 2020

Our debt collection firm works relentlessly and aggressively to help clients get their hard-earned monies back into their bank accounts from tricky debtors who want to delay payments or have zero intentions of paying back. We Domesticate Foreign Judgments in Massachusetts. And this is what we can help you with. Contact Us Today.

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FFGN COLLECT NY

JUNE 24, 2022

Aside from judgments from family court, New York currently allows all judgment creditors the same opportunities to enforce their judgments. The remedies available differ based on whether the judgment is entered against a natural person, an individual, or a corporation. That is until now. Lien on Property.

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Collections Law

NOVEMBER 9, 2020

Like nearly every other state as of 2020, Massachusetts finally adopted the Uniform Enforcement of Foreign Judgments Act, allowing out-of-state judgments to be domesticated by Massachusetts attorneys. We file your judgment with the court clerk, who will then give notice to your debtor. Cohen LLC has experience with.

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FFGN COLLECT NY

AUGUST 11, 2021

If you have a judgment against a person who owes you a sizeable debt and had little success enforcing the judgment through traditional means, alternative options might afford better results. How to Enforce a Judgment Through Estate Distribution. Once satisfied, funds may be distributed to the judgment debtor.

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Collections Law

JULY 31, 2020

Even when the court successfully rules in your favor, you are not guaranteed timely payment of either a Massachusetts judgment or a foreign judgment. Many others wait until post judgment to assess whether a debtor will pay or not and post judgment initiate debt recovery efforts, but not us.

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FFGN COLLECT NY

MAY 24, 2021

Criminal investigation and politics aside, we want to use the Manhattan DA’s subpoenaing power to show how easy it is for a third party to obtain company banking records. A check written to the corporation deposited into the owner or officer’s personal bank account.

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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. While these deadlines seem generous at face value, the sooner you secure a judgment, the more likely you are to get paid.

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FFGN COLLECT NY

AUGUST 16, 2020

Most business owners have a line of credit with the bank but don’t realize that, as the business owner, they may be personally responsible for repaying any monies loaned. Often, especially in uncertain financial times, the bank will want someone to guarantee a line they might not otherwise make — usually the officer of the borrowing company.

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Troutman Sanders

DECEMBER 8, 2022

The Act has been touted as a way to protect Arizonans with medical debt from bankruptcy and set new exemption limits on property subject to debt collection and decreased the portion of a judgment debtor’s income that is subject to garnishment. The plaintiffs, led by the Arizona Creditors Bar Association Inc.,

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Collections Law

JULY 1, 2020

Instead, they will help you collect on the debt by filing a lawsuit against the debtor, seeking and obtaining attachments on the debtor’s assets, and even garnishing their wages post-judgment so that you can get paid for your judgment debt. Unlike Others, We Aggressively Seek Pre-Judgment Attachments to Secure Debt Recovery.

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FFGN COLLECT NY

DECEMBER 9, 2020

The result of these investigations highlights the judgments entered without cause and disciplinary actions against the firms for failing to deliver solid service of the court documents. A New York collection attorney filed a case to enforce a judgment obtained in Chicago, Illinois against a New York company and its guarantor.

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Collections Law

SEPTEMBER 24, 2020

Cohen LLC can create and implement a plan for debt recovery to enhance your bad debt recovery and enforce judgments that you have previously obtained or that they win on your behalf. The United States Constitution requires states to honor judgments of other states as decided by their courts. The Law Offices of Alan M.

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Collections Law

SEPTEMBER 24, 2020

Cohen LLC can create and implement a plan for debt recovery to enhance your bad debt recovery and enforce judgments that you have previously obtained or that they win on your behalf. The United States Constitution requires states to honor judgments of other states as decided by their courts. The Law Offices of Alan M.

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Financial Forensic Services

SEPTEMBER 19, 2021

TO GET YOUR JUDGMENT ENFORCED EFFICIENTLY. Don’t be too hard on yourself – because 80% of the people or businesses that win judgments in the United States never get their money. That’s right – 80% of the judgments entered in the US are never enforced or collected. ROW YOUR OWN CANOE. Dickerson, CFE, CFI.

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Financial Forensic Services

SEPTEMBER 19, 2021

The currency does not exist in physical form, value is transacted directly between the sender and the receiver, and there is no need for banking intermediaries to facilitate the transaction. or European bank to announce some kind of system where they either enable bitcoin purchases or agree to hold digital assets for their clients.

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Banks Judgment Enforcement Judgment 52

FFGN COLLECT NY

MARCH 25, 2024

Reports stated it may not be possible for the former president to bond the state’s nearly half-billion ($500,000,000) judgment. If Trump cannot post the bond and execution of the judgment is not stayed, the judgment can be enforced here in New York and elsewhere. The marshal or sheriff could serve the bank.

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