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CommercialCollection Agencies of America has elected its new Board of Directors and has announced the slate of officers of the organization. Board members include Pete Roth of CST Company, Fred Wasserspring of Lyon Collection Services, Inc., David Herer of ABC-Amega, Inc., David Herer of ABC-Amega, Inc.,
Cohen & Associates LLC, our experienced commercial litigation attorneys focusing on commercialcollections practice aggressive, relentless and ethical debt collection tactics to help Massachusetts businesses and out of state creditors owed monies from Massachusetts debtors collect their unpaid debts.
Cohen & Associates LLC, our commercialcollections lawyers have more than 50 years of combined experience. They have dedicated their practice to collectingcommercial debts in Massachusetts. What are the most important Massachusetts debt collection statutes for business owners? At Law Offices of Alan M.
You’ve gone through the trouble of obtaining a judgment against a debtor, yet here you are, now facing the frustration of having to find money to collect. Cohen & Associates LLC, our commercialcollections attorneys have more than 50 years of combined experience helping our business clients collect on their unpaid debts.
If you run any sort of business, it is almost inevitable that someday, you will have to attempt to collect on an unpaid debt. Unpaid debts present numerous challenges for creditors. If you are dealing with a suspicious debtor, our ethical commercialcollections attorneys are relentless about pursuing unpaid debts.
Cohen & Associates LLC, our Massachusetts commercialcollections attorneys have over 50 years of experience in aggressive, relentless, effective and commercial debt collection including but not limited to judgment enforcement and domestication. There are few limits to the financial information we can seek.
When it comes to collecting business debt, the most critical steps occur before the goods or services are even purchased. This is when your business establishes control over the commercial relationship. By taking preemptive measures, you can set a solid foundation that will help you get paid, even if a creditor becomes delinquent.
Cohen & Associates LLC, our commercialcollections attorneys have over five decades of commercialcollections experience. Our firm’s attorneys relentlessly and aggressively pursue the collection of debts on behalf of our clients while maintaining the utmost ethical standards to do so.
It may be time to consider hiring a commercialcollection agency. We’ve spent a lot of time on this blog discussing: Turning debt over to a collection agency Choosing the right collection agency for your business Innovative steps for protecting your business now and in the future. What is a CommercialCollection Agency?
Business owners can work with legal counsel to help locate and collect that money. Aggressive and Relentless Collection Tactics Legal tactics that can result in payment can include: Bank attachments. Aggressive and Relentless Collection Tactics Legal tactics that can result in payment can include: Bank attachments. Cohen LLC.
Once you win your judgment case against someone who owes you money, you should be able to collect on your judgment and move on with your life. As experienced commercialcollection attorneys at Law Offices of Alan M. Cohen LLC, we are often called on to assist with commercialcollection cases. Cohen LLC.
If you are having trouble collecting a commercial debt, you may wonder what you can do to make the debtor pay. The experienced commercialcollections attorneys at the Law Offices of Alan M. That is why you need a skilled collections lawyer on your side. Cohen LLC know how to choose the right tools for the job.
Cohen & Associates LLC, our commercialcollections attorneys have more than 50 years of combined experience. We exclusively practice aggressive and relentless, yet ethical debt collection. Stage 1: Initial invoicing The journey of commercial debt collection begins with invoicing. At Law Offices of Alan M.
For more information or to locate a certified commercialcollection agency, please visit, www.commercialcollectionagenciesofamerica.com The post CommercialCollection Agencies of America Gives Back appeared first on Collection Industry News. Contact: Annette M.
— CommercialCollection Agencies of America recently announced that through its initiative, CommercialCollection Agencies of America Gives Back , a portion of the proceeds of its virtual annual meeting has been given to Mental Health Advocates of WNY, formerly known as the Mental Health Association of Erie, New York.
December 15, 2021-Chicago-CommercialCollection Agencies of America announced that through its. initiative, CommercialCollection Agencies of America Gives Back, a portion of the proceeds of its. In addition to 4KIDS, CommercialCollection Agencies of America has also been fortunate to donate a.
January 5, 2022-Chicago-CommercialCollection Agencies of America has elected its new. Board members include Pete Roth of CST Company, Fred Wasserspring of Lyon Collection Services, Inc., Humberto Matz of Creditors Adjustment Bureau, Tom Claybaugh of Mountain States Commercial Credit Management, Inc.,
Cohen & Associates LLC, our Massachusetts commercialcollections attorneys are respected for their aggressive and relentless ethical debt collection strategies and tactics. We have successfully pierced the corporate veil to collect on debts from the creditor company’s owners or shareholders.
The good news is that it is your right to collect on debts as long as you follow the right legal procedures. If you operate a B2B model, you are required to follow business debt collection laws. What are Business Debt Collection Laws? The business debt collection laws protect them. Can a Business be Sent to Collections?
Cohen & Associates LLC, our ethical commercialcollections attorneys are well-known for their aggressive, relentless and innovative debt collection tactics. A bank attachment is a powerful post-judgment collection tool. For commercialcollections, an attachment is a fast and efficient way to pursue payment.
In the event the borrower defaults, usually by failing to make loan payments, a secured creditor has a right to take possession of the collateral. The quickest and cheapest way for a secured creditor to take possession of the collateral is by self-help repossession. 679.609, Fla. What Does it Mean to “Breach the Peace”? 2d at 625 (Fla.
You must still collect your money, which is often easier said than done. Cohen LLC, we employ many different methods of collecting for our clients, but when the debtor fails to cooperate, we may turn to the courts for help through supplementary process. We have assisted clients with aggressive, successful collections since 1994.
In today’s volatile marketplace, the existence of a personal guarantee may provide the only viable basis for collecting outstanding receivables from a corporate obligor experiencing financial difficulty. Therefore, when drafting a personal guarantee, a creditor should specify that the guarantee is one of payment.
Cohen & Associates LLC, our commercialcollections 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 commercialcollections attorneys are aggressive and relentless.
No matter how much you’ve planned and prepared for this with your company’s credit application or business agreements, sometimes you might have to take things to the next level to collect money that belongs to you. When this happens, skip the collection agencies and choose a collections attorney to help you.
You should know that you have options for locating and collecting that money. The goal is to move the asset outside of the creditor’s reach. When a debtor waits until a creditor is about to seize an asset to gift it to a friend or relative, the court will likely treat the transfer as suspect. At Law Offices of Alan M.
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. What is an ex parte attachment?
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. What is an ex parte attachment?
Commercialcollection 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. Like personal debt, being sent to collections can affect your credit rating. Why Worry About Your Credit Rating?
Business to business debt collection can be hard to understand at first. Check out this guide on who should use commercial debt collections. Even when you try to send customer debt collection requests, they have fallen on black days. This type of debt collection can be hard to understand at first.
There is no question that a bankruptcy filing can frustrate your attempt to collect on a debt from another business in Massachusetts. You may still receive some payment through bankruptcy, even if you cannot collect on the entire amount the business owes you. No matter what type of commercialcollection matter you face, we can help.
When it comes to commercialcollections, personal guarantees can be a powerful tool. Cohen & Associates LLC, our Massachusetts commercial litigation collections attorneys have more than 50 years of debt collection experience. How is a personal guarantee used in commercialcollections?
This is obviously a sensitive topic and can be a complex issue for a creditor. Understanding the legal and ethical implications of collecting a debt from an individual’s estate is crucial for businesses to handle the situation appropriately and respectfully. Our collection lawyers are available for consultation appointments.
Self-Help Repossession: In Florida, a secured creditor may use self-help repossession to take possession of collateral, provided its efforts do not breach the peace. Florida case law provides that a breach of the peace occurs if the secured creditor enters the debtor’s land to repossess the collateral, without the debtor’s consent.
As a business owner or manager, collecting unpaid debt is likely not your favorite part of your job. As an out-of-state creditor, you do have options for collecting a debt from a debtor in Massachusetts. The experienced commercialcollections attorneys at the Law Offices of Alan M.
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? If the customer closed their office and left no assets, that may be the end of your debt collection claim right there. Pursuing a Debt Collection Claim.
This is often done in an effort to put their money out of reach from rightful creditors like you. We handle business and commercialcollections for companies of all sizes and in any industry. These trusts are sometimes called “creditor-resistant.” They’re creditor-resistant, but that doesn’t mean creditor-proof.
Collections is no different. Whether you’re talking to your accounts receivable department, or hiring a collection agency, you are likely to hear a lot of terms you don’t know. You should never be embarrassed to ask people to define terms, but here are ten common collection acronyms to get you started. Days Sales Outstanding.
When partnering with the experienced commercial litigation debt collection attorneys at the Law Offices of Alan M. The first step for creditors seeking a foreign judgment in Massachusetts is to file a lawsuit in the district court of the delinquent debtor’s place of business. Using Aggressive Methods to Collect Your Debt.
The compromise amount must bear a reasonable relationship to the amount that could be recovered in a reasonable amount of time through enforced collection proceedings, and it must be sufficient to protect the integrity of the SBA program. illness), paying it would cause financial hardship. (4) SOP 50 57 ; SOP 50 55. SOP 50 57 ; SOP 50 55.
Being too easy with commercialcreditors might cause your firm to collapse in a matter of minutes. When your company incurs a commercial debt, it should be handled by a B2B debt collection agency to avoid situations like this and to keep your business functioning smoothly without the monetary consequences of unpaid accounts receivable.
Sometimes, that debt gets out of hand and businesses find themselves on the receiving end of calls from commercial debt collection agencies. Calls from a commercial debt collector can create an enormous amount of stress for many business owners. What Do Commercial Debt Collection Agencies Do?
But that debt can quickly become an anchor weighing down the entire company if growth sputters, and the resulting collections can be even more problematic than the debt in the first place. Of course, there is also the fact that you’re probably more concerned with running your own business than collecting from a failed one.
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. Such property will often then be sold by the sheriff and the funds returned to the creditor in fulfillment of the judgment.
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