FFGN COLLECT NY

AUGUST 16, 2020

Most business owners have a line of credit with the bank but don’t realize that, as the business owner, they may be personally responsible for repaying any monies loaned. When it comes to unexpected expenses and opportunities, a line of credit provides a loan at the ready. If you don’t borrow, there’s nothing to repay.

Judgment Enforcement 52

Judgment Enforcement Loans Lender Banks 52

FFGN COLLECT NY

SEPTEMBER 23, 2022

The goal of the merchant cash advance lender, or any lender, is to be able to enter a judgment and seize assets quickly once a loan goes bad. The loans almost always include a personal guaranty , which provides relief for the lender against more than the corporate borrower, who might likely be failing.

Judgment 52

Judgment Lender Judgment Enforcement Banks 52

FFGN COLLECT NY

JUNE 3, 2020

Is garnishing PPP or CARES Act funds an option for satisfying outstanding monies owed to judgment creditors? Although New York has liberal laws on judgment enforcement, CPLR Sect 5222-a provides a laundry list of funds exempt from creditors’ reach. The funds, although earmarked for payroll, were not exempt.

Garnishment 52

Garnishment Creditors Judgment Judgment Enforcement 52

Consumer Financial Services Law

DECEMBER 29, 2016

Also, on an auto loan, there could be more than one missed payment, followed by a repossession, followed by a sale of the collateral and establishment of a deficiency balance. He concentrates his practice in creditors' rights with an emphasis on debt collection, judgment enforcement, and commercial litigation.

Collections 40

Collections Judgment Enforcement Creditor's Rights Creditors 40

FFGN COLLECT NY

SEPTEMBER 22, 2021

A client of ours in the waterproofing business asked for our best practices when enforcing a judgment. Best practices would generally infer that judgment enforcement differs based on the creditor’s industry, but that’s not the case. Does the judgment debtor lease a vehicle?

Judgment 52

Judgment Mechanic’s Liens Debtor Banks 52

Collections Law

APRIL 1, 2020

As we have helped and represented numerous foreign judgment creditors over more than three decades, we have a sound understanding of the procedural rules and Massachusetts law pertaining to foreign judgment enforcement. As the assets are seized, they can’t be used or transferred.

Judgment 52

Judgment Collections Debtor Foreclosure 52

Financial Forensic Services

SEPTEMBER 19, 2021

One owner was accused of using a commercial loan for personal expenditures, and another faced a fraud investigation involving an estimated 30,000 victims whom he profited from. Diagnostic & Prescriptive Judgment Enforcement By: Joe H. Dickerson, CFE. 24.95 + FREE S&H.

Lawyers 52

Lawyers Judgment Enforcement Judgment Government 52