This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. At 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. At Law Offices of Alan M. We have dedicated our legal careers to helping businesses get paid. first appeared on Law Offices of Alan M.
Cohen & Associates LLC, our ethical commercialcollections attorneys are well-known for their aggressive, relentless and innovative debt collection tactics. How is a bank attachment different than garnishment? For commercialcollections, an attachment is a fast and efficient way to pursue payment.
But if a business owner uses the company’s assets for their own gain, you may be able to go after their personal assets to collect a debt. You need to garnish their wages If a debtor has few assets you can collect, you may need to garnish their wages. This is called piercing the corporate veil. Cohen LLC to help.
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. These include Writs of Execution, Bank levies, and Wage garnishments. What are Wage Garnishments?
What Happens to Debt that is Sold to a CommercialCollection Agency? Businesses can expect a few things when their debt is sold to a commercialcollection agency. In extenuating circumstances, the commercial debt collection agency might work with the creditor to file a lawsuit against the debtor.
When the lender receives a deficiency judgment from the court, it can proceed to collect on that judgment against the borrower using conventional collection methods. For example, the lender can get a judgment lien against the borrower’s personal property, garnish the borrower’s wages, and/or levy the borrower’s bank accounts.
The commercial debt collection 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.
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.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content