Remove Debtor Remove Judgment Remove Lawyers
article thumbnail

Why Would My Debt Collection Lawyer Convey a Low Offer?

FFGN COLLECT NY

Wondering why your lawyer would convey a debtors low offer? Doesnt your debt collection lawyer have your best interests in mind? Rest assured that your lawyers conveyance of the defendants offer is appropriate, even if the offer is less than desirable. This is true for both creditors and debtors. But it didnt.

Lawyers 52
article thumbnail

How can you secure a debt owed to you before you get a judgment?

Collections Law

When you are pursuing a commercial collections lawsuit against a business debtor, it is easy to assume that payment is just around the corner. They allow you to secure assets of the debtor before the court issues a judgment. This means that before your debtor can sell or refinance property, your debt will have to be paid first.

Insiders

Sign Up for our Newsletter

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

article thumbnail

My debtor is doing business as normal, even though he owes me money. What can I do?

Collections Law

Watching your debtor continue business as usual while they owe you money can be incredibly frustrating. You have a judgment in hand, yet your debtor seems unfazed, conducting transactions and collecting payments without a second thought to what they owe you. Our collection lawyers are available for consultation appointments.

Debtor 52
article thumbnail

Finding the money after a judgment: Using a supplementary process to locate hidden assets

Collections Law

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.

article thumbnail

Compliance Digest – April 7

Account Recovery

Appeals Court Affirms Ruling Over Default Judgment The Court of Appeals for the Eighth Circuit has upheld a ruling in favor of a defendant that was sued for violating the Fair Debt Collection Practices Act, deciding that a default judgment obtained in state court is conclusive from the perspective of establishing the facts of a case.

article thumbnail

Compliance Digest – December 30

Account Recovery

A pro se consumer had managed to get a 3-judge panel of the Court of Appeals to reverse (in a 2-1 decision) lower court rulings finding that PRA had established its standing to sue and its ownership of the debtors account in the underlying collection action, and judgment in its favor on the debt.

article thumbnail

CNN interviewed Jocelyn Nager New York Debt Collection Lawyer

FFGN COLLECT NY

At the time of the interview, Press had indicated that it may not be possible for the former President to bond the State’s almost Five Hundred-Million-dollar ($500,000,000.00) judgment. If the bond cannot be posted and execution of the judgment is not stayed, the judgment can be enforced here in New York and elsewhere.

Lawyers 98