It can be hard to collect on past due accounts, especially when you're dealing with the collection of unsecured property. Fortunately, creditors do have rights (as the right commercial collections attorney can attest)! However, it is important for you to remember that...
Unsecured property is something that a debtor makes payments on, but there's no collateral that secures the loan. This means that if the debtor stops paying, the creditor has nothing that they will receive as payment. What are your options for the commercial...
If you're owed money by a debtor and you obtain a judgment against the debtor, your work isn't over just yet. You now must take the necessary steps to enforce the judgment so that you can collect the money that's owed to you. Here are 5 things you need to know about...
Not all debtors pay up. Sometimes, the best option for you to try and get the money that is owed to you is to sue the debtor to obtain a judgment against them. So, what happens when you're ready to file a lawsuit? You'll Want to Hire a Commercial Collections Lawyer If...
Prejudgment relief is also known as prejudgment remedies. It provides an opportunity for creditors to get paid on a past due account before a judgment is granted by the court. Prejudgment relief must be applied for to the court, and we can do it for you. A skilled...
Commercial collections can be stressful for a business of any size. And, without the right tools in place, it can be challenging. For example, the older the debt, the harder it may be to collect on it. Here are four ways that you can improve your commercial...
Commercial collections can be confusing for business owners. One of the most common concerns we've noted is the statute of limit on commercial collections. Different sorts of debt have different time limits. Can an older commercial debt ever have that time limit...
Commercial collections happen because a business owes you money for products or services that you provided. Here's what you need to understand about the process. You Need a Process You need a process. And it needs to be in writing, ideally reviewed by an attorney, so...
The commercial collections process is subject to certain laws and an ethical commercial process is essential to staying in business. Yes, collections can be difficult and frustrating. However, it is important that you and your employees maintain an air of...
Commercial collections can be a frustrating process. Here are 4 commercial collection tips every business owner needs to know. Doing Your Own Collections? Review the Account First Before you pick up the phone, mail out a letter, or otherwise contact the representative...