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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.
Whether you operate in or outside Massachusetts, if your customer to whom you had provided goods or rendered services on credit is located in Massachusetts and is not paying off your debt, then get in touch with our experienced and aggressive debt collection lawyer, Alan M. We Domesticate Foreign Judgments in Massachusetts.
Seeking replevin is common and used by debt collection lawyers to recover goods or collateral for their clients. Replevin is available to a party seeking the return of goods pursuant to a court order directing a party to return the goods or collateral to you. Copies of the stamped filings should be attached.
They will feel obligated to protect their interest in the collateral (your car) and can move quickly to repossess after only a few missed payments. If you own a home the consequences of a judgment against you are more significant as judgment creditors can place liens against your home. Coronavirus Car Payment Relief Programs.
The relentless collection lawyers at the Law Offices of Alan M. The following are but some of the post-judgment debt recovery methods that we employ to collect on the bad debt owed to you. . Post-Judgment Actions. These types of situations are where post-judgment collection comes into play. The Law Offices of Alan M.
Unsecured debt is debt without collateral. Collateral guarantees debt repayment. and the majority of court judgments. appeared first on Denver Lawyer Clark Daniel Dray. For instance, if you did not agree to the creditor seizing the property obtained on credit, the debt is unsecured. This is a secured obligation.
Enter Sawin & Shea, LLC – a firm with over 50 years of combined experience in bankruptcy services, dedicated to providing compassionate and non-judgmental representation to individuals and families in need. Secured obligations have collateral attached, such as a mortgage secured by your home or an auto loan secured by your vehicle.
There are several reasons why a business should hire an experienced collections lawyer who focuses on debt collection. As a creditor, hiring an attorney who has decades of experience in judgment collections can put a plan in place that will increase your chances of receiving a judgment payment from the debtor.
For an unsecured creditor to obtain a recovery, it would need to engage in a months-long legal process to obtain a judgment that could be halted at any point by a chapter 11 bankruptcy reorganization. Secured creditors can foreclose on their collateral if they are not paid and have special rights in a reorganization proceeding.
Find Out the 10 Common Questions About Bankruptcy with Colorado Bankruptcy Lawyers. A court judgment that states that a person is not required to pay back some debts is given to those who abide by the bankruptcy laws and are granted a discharge. We recognize that you have many questions and that you want them all answered.
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