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When you are pursuing a commercialcollections lawsuit against a business debtor, it is easy to assume that payment is just around the corner. Cohen & Associates LLC, our commercialcollections attorneys have more than 50 years of experience helping businesses collect unpaid debts.
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. The debtor seems to have vanished, taking their assets with them. If the debtor fails to appear, the court may issue a capias warrant, leading to their arrest.
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 debtorscollect their unpaid debts.
Enter commercialcollection agencies—specialized firms that can play a pivotal role in optimizing your AR functions. Here’s why and how partnering with a commercialcollection agency can be a game-changer for your business. What is a CommercialCollection Agency?
In the world of business, collecting unpaid debts can feel like a never-ending battle. Our commercialcollections attorneys at the Law Offices of Alan M. Cohen & Associates LLC law have dedicated their legal careers to helping businesses collect their unpaid debts. Also prioritize communication with debtors.
One such challenge is when a debtor claims not to have the funds to pay their unpaid debts. Cohen & Associates LLC, our commercialcollections attorneys have more than 50 years of combined experience helping our commercial clients in Massachusetts collect on their unpaid debts. Is a debtor really out of cash?
Business owners in Massachusetts are likely familiar with the frustrations of trying to collect unpaid debts. Cohen & Associates LLC, our aggressive and relentless commercialcollections attorneys have more than 60 years of combined experience helping Massachusetts business owners collect their unpaid debts.
Securing a judgment against a debtor is a significant victory, but the battle doesnt end there. Collecting on that judgment requires finding the money, sometimes by uncovering the debtors assets. Cohen & Associates LLC, our commercialcollections attorneys are relentless. At the Law Offices of Alan M.
Unfortunately, many debtors do not readily pay up, even with a court order against them. As experienced commercialcollection attorneys at Law Offices of Alan M. Cohen LLC, we are often called on to assist with commercialcollection cases. Those methods often include seizing the debtor’s assets.
With more than 50 years of combined experience practicing commercialcollections law in Massachusetts, our collections lawyers have an intricate understanding of the idiosyncrasies of federal, state and local laws that provide us with the legal means to help you collect your unpaid debts. Cohen & Associates LLC.
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?
Cohen & Associates LLC, our commercialcollections attorneys employ ethical methods available under Massachusetts laws to help you get paid. They relentlessly and aggressively pursue commercialdebtors to help you get paid, and a credit application contract makes that a little bit easier. At the Law Offices of Alan M.
Knowing when to take action in commercialcollections is crucial. Cohen & Associates LLC, our aggressive commercialcollections attorneys are ethical when it comes to making sure you get paid, but they are also relentless. How do you know when you need to take action and hire a commercialcollections attorney.
Cohen & Associates LLC, our commercialcollections lawyers have more than 50 years of combined experience. They have dedicated their practice to collectingcommercial debts in Massachusetts. Uniform Commercial Code (UCC) – MGL c.106: At Law Offices of Alan M. At the Law Offices of Alan M.
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 2: Nudging the debtor When an invoice goes unpaid, it’s time for reminder notices. At Law Offices of Alan M.
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. At Law Offices of Alan M.
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. If your debtor owns real estate in Massachusetts, a real estate attachment could be just the tool you need.
Filing your proof of claim Once you receive notice that your debtor has declared bankruptcy, you should review the paperwork and your status as a listed creditor. You should also have the chance to attend a meeting with the debtor to ask questions regarding the bankruptcy filing. Cohen LLC, we use several methods to pursue these debts.
We handle business and commercialcollections for companies of all sizes and in any industry. Unlike attorney who dabble in commercialcollections, we know what to do when a deadbeat tries to avoid payment by moving their assets into an irrevocable trust. These trusts are sometimes called “creditor-resistant.”
Unfortunately, when a company has experience as a debtor, sometimes, this has given them an opportunity to learn a few tricks to try and avoid collection efforts. Our collections attorneys at Law Offices of Alan M. Cohen & Associates LLC know that debtors will sometimes go to great lengths to avoid paying their debts.
Our commercialcollections litigation attorneys at Law Offices of Alan M. When it comes to commercialcollections, our litigators are relentless and aggressive, but ethical. This document should gather essential information about the potential debtor, including their financial history and references.
Cohen LLC, our attorneys have nearly 50 years of combined legal experience peeling back the layers of a company’s transactions to find fraudulent conveyances that reveal a debtor’s hidden assets. On paper, it may appear that the debtor no longer owns that property, but in reality, they still control it.
When someone owes you money, the law provides several ways for you to collect on the debt. A court may issue you a writ of execution to allow you to collect certain property from your debtor in order to satisfy the debt. How long do you have to collect on the writ of execution? At Law Offices of Alan M.
The process becomes even more problematic when your debtor is located in another state. Even if you do achieve a judgment in your own state, you have the added step of needing to domesticate the judgment in the debtor’s state. As an out-of-state creditor, you do have options for collecting a debt from a debtor in Massachusetts.
This authorizes the sheriff to enter the debtor’s place of business and collect all cash in the cash register. This is a useful option for debtor businesses that operate primarily in cash. This tactic allows a creditor to intercept a debtor’s income stream as ordered by the court. Reach and Apply injunctions.
The Stevens-Lloyd Group has over 60 years of combined experience in the commercial debt collection arena. As a commercial debt recovery firm, we understand the urgency of recovering outstanding accounts receivables. However, if the debtor avoids communication or disappears, it is time to deploy a professional debt recovery firm.
When partnering with the experienced commercial litigation debt collection attorneys at the Law Offices of Alan M. Cohen LLC, you will find that the process of domesticating and enforcing foreign judgments against your debtors is a much more straightforward process than one would typically expect. With Notice vs. Ex Parte.
If you owe or another business owes you, you are in good company because this article discusses the nitty-gritty of business debt collection laws. What are Business Debt Collection Laws? The business debt collection laws protect them. Like the Fair Debt Collection Practices Act, the U.S. The short answer to this is yes.
Debt collection can be a minefield, especially when you’re trying to stay fair while ensuring you get paid. Cohen & Associates LLC, our innovative commercialcollections litigators have more than 50 years of combined experience. Regular follow-ups remind the debtor that you’re serious about getting paid.
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. Bank attachment: A bank attachment directly targets the debtor’s bank account.
Does your debtor have assets in Massachusetts? Our relentless and aggressive commercialcollection lawyers at Law Offices of Alan M. Notice will be provided to your debtor. If your debtor does not respond within the 30-day timeframe, the court will issue an execution. Do you have an out-of-state judgment?
Debt collection can escalate quickly when a debtor refuses to pay. Cohen & Associates LLC, our aggressive and relentless commercialcollections attorneys have more than 50 years of combined experience helping clients collect on unpaid debts. This includes seizing and selling the debtor’s property.
A guarantee of payment is a far more effective tool , as it allows a creditor to proceed directly against the guarantor without the necessity of taking any action against the primary obligor [debtor]. The post Personal Guarantees in CommercialCollection: How Helpful Are They? appeared first on McHughes Law Firm.
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.
Cohen & Associates LLC, our experienced and innovative commercialcollections attorneys are relentless and aggressive when it comes to collecting unpaid debts. Often, finding the money to collect becomes the biggest piece of the puzzle. When it comes to debt collection, every piece of information matters.
In Massachusetts, a keeper attachment is a prejudgment attachment in which the court appoints a “keeper” to oversee a debtor’s cash receivables. This prejudgment attachment is especially useful when a debtor is operating a cash-heavy business like a restaurant or retail store. What does the keeper do? Cohen & Associates LLC.
Unfortunately, collecting on that judgment could prove to be a challenge. The experienced commercialcollection attorneys at Law Offices of Alan M. Cohen LLC have almost 50 years of combined experience assisting clients with not just obtaining a judgment, but actually collecting the money their debtors owe them.
This scenario can be frustrating to a debtor. Cohen & Associates LLC, our Massachusetts commercialcollections attorneys are respected for their aggressive and relentless ethical debt collection strategies and tactics. Unless the debtor can pierce the corporate veil. At Law Offices of Alan M.
When a company must go after a debtor for payment, each day that they don’t have access to the money they are owed makes a difference. Cohen LLC, we often use injunctions to prevent debtors from hiding their assets. How does Rule 65 apply to collections? We have been doing commercialcollections since 1994.
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.
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.
They will also usually start with all of the same tactics that you have probably already tried: Making phone calls Sending late payment notices Attempt to persuade the debtor to pay their bills While collection agencies are persistent, their efforts often approach a level of harassment.
When you win your judgment case against a debtor who has not paid, you may not want to celebrate just yet. You must still collect your money, which is often easier said than done. The debtor could be a natural person, an officer or partner of a business, or the trustee of a trust. At Law Offices of Alan M.
Repossession efforts may be lawful, provided the debtor does not object, and the collateral is taken from unenclosed parts of the debtor’s property, such as the driveway. If a secured creditor breaches the peace, it may be liable to the debtor for damage done to the debtor or its premises during an unauthorized entry.
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