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This prejudgment attachment is especially useful when a debtor is operating a cash-heavy business like a restaurant or retail store. When the court authorizes a keeper attachment under Massachusetts law, the court-appointed keeper will collect the cash that comes into your debtor’s business. What does the keeper do?
-based businesses face unique challenges : Higher interest rates : The Federal Reserve’s interest rate hikes have made borrowing more expensive, increasing monthly debt obligations. Sector-Specific Debt Growth : Retail, hospitality, and construction businesses are seeing the highest increases in outstanding debt.
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