The McHughes Law Firm

JUNE 22, 2016

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 Commercial Collection: How Helpful Are They? appeared first on McHughes Law Firm.

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Collections Law

DECEMBER 10, 2021

Collecting on bad debt is never as simple as it sounds, especially with commercial debt. Even once you have a judgment in hand, many debtors still do not pay willingly. One type of asset may be the debtor’s own accounts receivables. You have a legitimate claim against the debtor.

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Judgment Collections Debtor Commercial Collection 52

Collections Law

MAY 12, 2022

More than that, however, is that you may pursue attachments to your debtor’s property in a variety of ways, either before or after you receive the judgment from the court. A judgment also puts you in line for payment if your debtor files for bankruptcy. The experienced commercial collection attorneys at Law Offices of Alan M.

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Collections Judgment Debtor Commercial Collection 52