Collections Law

JULY 25, 2024

With a thorough understanding of the idiosyncrasies of Massachusetts collections laws, they can lend their extensive knowledge to your company’s outstanding debts with post-judgment collection strategies, like bank attachments. A bank attachment is a powerful post-judgment collection tool. What is a bank attachment?

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FFGN COLLECT NY

MARCH 25, 2024

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.

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FFGN COLLECT NY

JULY 13, 2021

Is your New York judgment valid? If so, you will need to know how to collect on a judgment so it can get you paid. Article 52 of New York State Civil Practice Law and Rules authorizes judgment enforcement in New York. Once the judgment is entered, you must provide the requisite notice of entry, if required.

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FFGN COLLECT NY

SEPTEMBER 23, 2022

Since the documents anticipate a default in payment by the buyer, why then do merchant cash advance companies record judgments in New York? Due to abuse, New York outlawed the practice of allowing confessions of judgments executed outside of New York to be filed within the state.

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FFGN COLLECT NY

NOVEMBER 9, 2023

Thinking about domesticating your out-of-state judgment in New York? If the out-of-state judgment was obtained on default, you may be concerned that moving to domesticate the judgment will lead the debtor to attempt to claim affirmative defenses. And, if so, which defenses can they claim?

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FFGN COLLECT NY

JUNE 17, 2022

New York gives full faith and credit to judgments entered in other states as required by the Constitution and under New York Civil Rules, provided the judgment was not entered on default and not entered pursuant to a confession of judgment. The creditor must then obtain an exemplified copy of the judgment from California.

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Collections Law

NOVEMBER 9, 2020

Like nearly every other state as of 2020, Massachusetts finally adopted the Uniform Enforcement of Foreign Judgments Act, allowing out-of-state judgments to be domesticated by Massachusetts attorneys. How We Can File Foreign Judgments for Domestication By Registration. Cohen LLC has experience with. Registration.

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FFGN COLLECT NY

AUGUST 12, 2021

If you have a judgment against a person who owes you a sizable debt and had little success enforcing the judgment through traditional means, alternative options might afford better results. How to Enforce a Judgment Through Estate Distribution. Once satisfied, funds may be distributed to the judgment debtor.

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FFGN COLLECT NY

JULY 23, 2020

In order to vacate, set aside, or remove a default judgment in New York, you must make a motion to the court in which the judgment was entered. The motion will contain a specific request for the court to vacate the judgment and return monies taken to satisfy the judgment. Two Methods for Vacating a Default Judgment.

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Collections Law

JANUARY 7, 2021

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 judgment enforced. Attachment of Assets. Supplementary Process. Receivership.

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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. Further Steps to Enforce a Judgment. Past that, the strategy differs.

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FFGN COLLECT NY

JUNE 24, 2022

Aside from judgments from family court, New York currently allows all judgment creditors the same opportunities to enforce their judgments. The remedies available differ based on whether the judgment is entered against a natural person, an individual, or a corporation. That is until now. Lien on Property.

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Collections Law

MAY 7, 2021

Winning your case in court is often the easy part of the legal debt collection process; it’s collecting your payment post-judgment where things get challenging and require a bit of strategy. One is through post-judgment discovery, where we work to follow your debtor’s money trail to find any assets that they may be attempting to hide.

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Collections Law

NOVEMBER 9, 2020

Like nearly every other state as of 2020, Massachusetts finally adopted the Uniform Enforcement of Foreign Judgments Act, allowing out-of-state judgments to be domesticated by Massachusetts attorneys. We file your judgment with the court clerk, who will then give notice to your debtor. Cohen LLC has experience with.

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Collections Law

FEBRUARY 12, 2021

Cohen LLC domesticate and enforce foreign judgments for clients outside Massachusetts. We’ve created this blog as a primer on how we handle foreign judgment cases, as well as examining the tools that we use to help business owners like you to collect their accounts receivables. Domesticating Your Judgment.

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Collections Law

AUGUST 11, 2020

We Domesticate Foreign Judgments in Massachusetts. Therefore, to implement and enforce it, the creditor must get the judgment domesticated. Cohen LLC, we domesticate your foreign judgment in Massachusetts and simultaneously work to secure payment of that judgment. And this is what we can help you with.

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CICM

SEPTEMBER 3, 2021

Some of the changes in the pandemic for credit management and enforcement were temporary and have started to fall away, but others remain, making the enforcement landscape indelibly altered. The first lockdown saw a moratorium on all residential judgment enforcement and landlord action. New normal for creditors.

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Collections Law

APRIL 1, 2020

Collecting debts from debtors having assets in Massachusetts while you are in another state or a different country used to be difficult, even if you had a judgment against them. Massachusetts was among the few states that had not adopted the Uniform Enforcement of Foreign Judgment Act. Not Just Domestication — Enforcement, Too.

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FFGN COLLECT NY

AUGUST 11, 2021

If you have a judgment against a person who owes you a sizeable debt and had little success enforcing the judgment through traditional means, alternative options might afford better results. How to Enforce a Judgment Through Estate Distribution. Once satisfied, funds may be distributed to the judgment debtor.

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Financial Forensic Services

SEPTEMBER 19, 2021

TO GET YOUR JUDGMENT ENFORCED EFFICIENTLY. Don’t be too hard on yourself – because 80% of the people or businesses that win judgments in the United States never get their money. That’s right – 80% of the judgments entered in the US are never enforced or collected. ROW YOUR OWN CANOE. Dickerson, CFE, CFI.

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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 post Can a NY Judgment Creditor Garnish PPP or Other CARES Act Funds?

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Financial Forensic Services

SEPTEMBER 19, 2021

History of the Judgment Enforcement Problem. 80 percent of the civil money judgments in the United States are never collected. Note: when drafting the judgment language for the judge’s signature, many attorneys stop with “legal fees.” when you win, the court awards you the money judgment and the defendant has to pay.

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FFGN COLLECT NY

SEPTEMBER 11, 2024

The protocol varies at each stage of the debt collection process, including demand, mediation , arbitration , litigation , judgment , and judgment enforcement. Debt collection attorneys have established policies and procedures to expedite the handling of debt collection claims.

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Collections Law

AUGUST 21, 2024

Cohen & Associates LLC, our experienced and innovative commercial collections attorneys don’t wait until we have a judgment to try to secure your unpaid debt. When it’s appropriate, our aggressive lawyers will go after assets and property before we’ve even obtained a judgment in your favor.

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Collections Law

JUNE 20, 2024

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. While these deadlines seem generous at face value, the sooner you secure a judgment, the more likely you are to get paid.

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Financial Forensic Services

SEPTEMBER 19, 2021

. _. _. Diagnostic & Prescriptive Judgment Enforcement By: Joe H. or email joe@financialforensicservices.com and make an appointment for a FREE initial review of your judgment. Dickerson, CFE. 24.95 + FREE S&H. Please place your book orders by calling 303.974.5610 during normal business hours Mon-Fri 9am-5pm MT.

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FFGN COLLECT NY

OCTOBER 16, 2020

If the demand is not productive, you needed to sue and wait for judgment. Only once the judgment is entered can you collect the monies through judgment enforcement. There are two scenarios in which you’d have to return monies to a judgment debtor following debt collection litigation.

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Troutman Sanders

DECEMBER 8, 2022

The Act has been touted as a way to protect Arizonans with medical debt from bankruptcy and set new exemption limits on property subject to debt collection and decreased the portion of a judgment debtor’s income that is subject to garnishment. The plaintiffs, led by the Arizona Creditors Bar Association Inc.,

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FFGN COLLECT NY

MAY 24, 2021

Normally, if a person owns a corporation and a judgment is entered against that corporation for an outstanding debt, the only assets at risk of judgment enforcement are those of the corporation. The owner’s personal assets would not be at risk for corporate debt unless the owner signed a personal guarantee of the debt.

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FFGN COLLECT NY

JANUARY 13, 2021

Judgment enforcement and more are conducted without state court scrutiny. New York’s liberal judgment enforcement policies allow attorneys’ offices to conduct almost all judgment enforcement activities. if frivolous and or inappropriate ), and more.

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UK debt collections

MARCH 21, 2023

County Court judgment enforcement Unwilling to be ignored, Quirk applied for county court judgement enforcement which prompted bailiffs to turn up at Wizz Air’s airport desk to demand they hand over the sum. “We We are sorry about this and we are working to ensure that our customers’ experience with Wizz is better this year.

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Collections Law

JULY 31, 2020

Even when the court successfully rules in your favor, you are not guaranteed timely payment of either a Massachusetts judgment or a foreign judgment. Many others wait until post judgment to assess whether a debtor will pay or not and post judgment initiate debt recovery efforts, but not us.

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FFGN COLLECT NY

MARCH 10, 2023

Commercial vs Consumer Debt Enforcement New York remains the most liberal state as far as judgment enforcement. That being said, The enforcement of a judgment differs when dealing with consumer or commercial debt.

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FFGN COLLECT NY

SEPTEMBER 16, 2022

The debt collection process can include demand, mediation, arbitration, litigation and judgment enforcement. In some cases, debt collection lawyers may offer contingency fee debt collection arrangements also known as no recovery, no fee collections.

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Collection Industry News

SEPTEMBER 8, 2020

Especially, at the stage of judgment execution, debtors must have assets to obey the Court’s judgement. Unsurprisingly, the debt recovery ratio of such enterprises reaches 90%, compared to that of the judgment enforcement agencies, which is only 50%. [2]. of these people.

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Financial Forensic Services

SEPTEMBER 19, 2021

. _. _. Diagnostic & Prescriptive Judgment Enforcement By: Joe H. or email joe@financialforensicservices.com and make an appointment for a FREE initial review of your judgment. Dickerson, CFE. 24.95 + FREE S&H. Please place your book orders by calling 303.974.5610 during normal business hours Mon-Fri 9am-5pm CDT.

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Financial Forensic Services

SEPTEMBER 19, 2021

FFS makes no judgment, pro or con on this information but provide it FYI only. . _. _. Diagnostic & Prescriptive Judgment Enforcement By: Joe H. or email joe@financialforensicservices.com and make an appointment for a FREE initial review of your judgment. But their are plenty of companies that could be contributing.

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