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Cohen & Associates LLC, our Massachusetts commercial collections attorneys have over 50 years of experience in aggressive, relentless, effective and commercial debt collection including but not limited to judgmentenforcement and domestication. There are few limits to the financial information we can seek.
With both consumers and small businesses receiving funds from the Paycheck Protection Program (PPP) and CARES Act, questions have come up as to whether these amounts can be frozen or garnished by debtcollectors or creditors. For commercial judgment debtors, although an unintended consequence, an exemption of $2,850 is applied.
Entities are performing debt collection activities. Debt collection means requiring debtors to pay creditors outstanding due or overdue amount or property as obligated by a contract or by a decision of a competent State’s authority. In addition to debtcollectors operating under Decree No. of these people.
It should be noted that most news articles about debt collection involve rogue collectors or firms that either harassed consumers or failed to give the required notice of a debt. New York Debt Collection Laws. Business to Business Debts. The creditor makes a demand but is not paid.
New York state and New York City enacted additional laws to further protect residents from harm, real or threatened, by unruly debtcollectors. These laws provide guidelines for how, when, how often, and who can be contacted by debtcollectors regarding consumer debt.
Under this act, we now have two different methods of domesticating your judgment in Massachusetts: domestication by registration or domestication through litigation. Our experienced judgmentenforcement attorneys can prepare the applicable paperwork. Litigation.
If you are an out-of-state business dealing with a delinquent debtor in the Commonwealth of Massachusetts, it’s a much more straightforward process than you might think to domesticate your judgment. However, it is still an uphill battle to have such a judgmentenforced. The Law Offices of Alan M. Cohen LLC Will Fight For You.
The Commonwealth of Massachusetts affords creditors the ability to seek reach and apply injunctions against their debtors. The reach and apply provision grants the creditor a right to demand payment directly from the third party without the monies passing through the debtor. Reach and Apply Injunctions. Equitable Injunctions.
A bank attachment is a powerful post-judgment collection tool. Once a creditor has a judgment against a debtor, under Massachusetts law, they can ask the court to seize funds directly from a debtor’s bank account. Once the attachment is executed, the bank freezes the funds and eventually transfers them to the creditor.
Under this act, we now have two different methods of domesticating your judgment in Massachusetts: domestication by registration or domestication through litigation. Our experienced judgmentenforcement attorneys can prepare the applicable paperwork. The case proceeds almost like any other litigation in Massachusetts.
As with any litigation, aggressive attorneys often seek pre-judgment security so that when the foreign judgment has been domesticated through the entry of judgment, the creditor may have a pot from which to get paid. Cohen we do not stop trying to collect the bad debt until we have gotten you paid or no one else could.
However, the Commonwealth of Massachusetts decided to adopt this Act as of April 1st, 2019, making the process of domesticating a foreign judgment easier. Not Just Domestication — Enforcement, Too. We Use All Appropriate Pre-Judgment Collection Tools to Collect Post Judgment.
Our debt collection firm works relentlessly and aggressively to help clients get their hard-earned monies back into their bank accounts from tricky debtors who want to delay payments or have zero intentions of paying back. We Domesticate Foreign Judgments in Massachusetts. And this is what we can help you with.
Section 1692f(8) of the FDCPA prohibits a collector from using “any language or symbol, other than the debtcollector's address, on any envelope when communicating with a consumer by use of the mails or by telegram, except that a debtcollector may use his business name if such name does not indicate that he is in the debt collection business.”
Cohen & Associates LLC, our commercial collections 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. Let us tackle the debts your company has given up on Navigating debt collection laws can be complex.
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 judgmentdebt. Call us at (508) 620-6900 or email info@collections-law.com.
What About Out-of-State Creditors? The United States Constitution requires states to honor judgments of other states as decided by their courts. Pre-judgment security could include seeking ex parte attachments to attempt to seize the debtor’s bank accounts, real estate, and/or other assets.
What About Out-of-State Creditors? The United States Constitution requires states to honor judgments of other states as decided by their courts. Pre-judgment security could include seeking ex parte attachments to attempt to seize the debtor’s bank accounts, real estate, and/or other assets.
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