While most parties and their attorneys are usually confident they have sued the right party, and can enforce the judgment from that party, sometimes it can be difficult to determine which corporate entity is the correct defendant. Many companies are structured with...
California Commercial Debt Collection Blog
When Is It Time to Hire a Commercial Collections Lawyer?
If you’ve tried any of the other commercial collections tactics discussed in previous posts to collect on a past due account without success, it is time for you to consider other options. How do you know if you need a commercial collections lawyer? The benefits of...
Collecting on Business Debts Through the Commercial Collections Process
Through the process of commercial collections, a business that does not receive payment for services or goods takes action to collect on unpaid accounts. The unpaid accounts belong to other businesses, hence the term “commercial collections”. In this post, we’re going...
Can Past Due Accounts Really Affect Your Business?
As one of the top commercial collections law firms in Los Angeles, we are constantly receiving phone calls and inquiries about our services. A common question we’re asked pertains to past due accounts – can they really affect your business? The short answer is yes,...
How Will Debtors Try To Protect Their Assets?
Many businesses do not realize the unfortunate reality that debtors have tools to keep at least some of their assets protected from collections. Many debtors, especially high-profile companies and individuals with high net worth, often rely on an approach called asset...
Judicial Tools Used in the Commercial Collections Process
Parties who are owed commercial (business) debt have several judicial tools that can be used both before bringing a lawsuit and after winning a lawsuit over the debt. A party seeking to collect money owed but not yet paid from a commercial business may choose to...
Suing Over Unpaid Debt
Commercial debt collection refers to debts that one business owes to another. Often, this is a debt for a good or service that the purchaser never pays to the supplier. Business owners in Los Angeles are often focused on receiving prompt payment to avoid having to...
Get Paid: Commercial Collections of Unsecured Property
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...
Commercial Collection of Unsecured Property: What Are My Options?
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...
What Methods Can Be Used for Commercial Debt Collection?
When accounts go past due, your business suffers. If you are considering bringing in a commercial collections lawyer to help you recover money owed to you, you're probably curious about the methods that can be used for commercial debt collection. In this post, you...