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Cohen & Associates LLC, our ethical commercialcollections attorneys are well-known for their aggressive, relentless and innovative debtcollection tactics. How is a bank attachment different than garnishment? For commercialcollections, an attachment is a fast and efficient way to pursue payment.
It’s not uncommon for businesses to take on debt. Sometimes, that debt gets out of hand and businesses find themselves on the receiving end of calls from commercialdebtcollection agencies. Calls from a commercialdebtcollector can create an enormous amount of stress for many business owners.
The commercialdebtcollection process typically involves everything from communicating with debtors about the amounts owed and negotiating payment terms to pursuing legal action and obtaining a judgment against a debtor and garnishing their wages. In most cases, they do not apply to business debts.
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 debtcollection techniques. These include Writs of Execution, Bank levies, and Wage garnishments. Recovering Debt from a Judgment Debtor.
Thanks to our combined almost 50 years of experience as commercial litigators focusing on bringing home the bacon to our clients, we know which practices may be the most effective when it comes to getting you paid.
In addition to the attachments that we use whilst fighting to get you paid, we may also implement other collection methods that will not only get your debtor’s undivided attention but force them to pay up in a timely manner. Prejudgment this allows you to obtain prejudgment security while your case is ongoing.
An experienced collections attorney will do more than merely advise you on what you need to do. 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.
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