Remove mechanic
article thumbnail

Using Aggressive Methods to Domesticate Foreign Judgments and Enforce Mechanics Liens

Collections Law

You also don’t have to sit helplessly in the face of bad debts when your debtor fails to make payments. Cohen, can turn bad debts into definite debt payments, while you enjoy a stress-free debt recovery experience regardless of where you are located—in the state of Massachusetts, another state or another country.

article thumbnail

How Mechanic’s Liens Are Effective Ways to Collect Your Monies

Collections Law

If you are unlucky enough to have done business with construction companies or property owners who seem to be rolling in cash, but never have time to pay, you’ll soon find out the importance of a mechanic’s lien in Massachusetts in debt recovery. Why Should I File a Mechanic’s Lien With a Trusted Attorney?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Can Debtors Be Legally Forced To Pay Debt With Their Cryptocurrency

Nexa Collect

Individuals can be legally forced to pay their debts with their cryptocurrency, but the creditor must have a judgment which states that the debtor is obligated to pay off the debt, including any cryptocurrency they own. Summary: Indeed! Knowing whether or not the debtor owns crypto like bitcoin is of course a challenge.

Debtor 130
article thumbnail

Mechanic’s Liens vs. Payment Bonds: Which is better for getting paid in Massachusetts?

Collections Law

They employ innovative and ethical debt collection tactics, as allowed under state and federal laws to facilitate payments for their clients in Massachusetts. Mechanic’s liens and payment bonds are two powerful options available under Massachusetts law. What is a mechanic’s lien?

article thumbnail

How long do I have to collect on a debt in Massachusetts?

Collections Law

The benefits of a judgment At Law Offices of Alan M. Cohen LLC, we generally recommend our clients pursue a judgment to secure their debts sooner rather than later. Once you have a judgment in hand, you will have at least 20 years to collect. Or they may file for bankruptcy, leaving you without a judgment.

article thumbnail

Navigating Commercial Debt Collection: Tips and Best Practices

Taurus Collect

One enticing option is the ‘ debt collector no win no fee ‘ model, where agencies only charge for successful debt collection. No Win, No Fee: This model offers risk-free debt recovery. If the agency fails to collect the debt, you don’t pay anything.

article thumbnail

Enforcing Massachusetts Mechanic’s Liens for Eligible Parties

Collections Law

However, the construction industry has its own unique debt collection tool on its side, and hundreds of professionals turn to mechanic’s liens every day. But who is eligible for a mechanic’s lien? Once you have obtained your mechanic’s lien judgment, we know how to enforce judgments using warrants of sale.