The Law Offices of Ronald P. Slates, P.C.
Call Our team Schedule A Consultation 866-904-6965

Posts tagged "debt collection"

The Wonderful World of Lien Stripping & Sold-Out Juniors

Collecting at Debt Against a Dead Person

Almost without exception, there is a strict one year statute of limitations for bringing a claim against an estate which starts to run from the date of the death of the debtor regardless of whether you know about it. See, California Code of Civil Procedure Section 366.2. A short limitations period, while seen as beneficial to promote the prompt settlement of estates, can wreak havoc for a judgment creditor. Death alone does not render a debt uncollectible. It just means you need a competent creditor attorney in Los Angeles to navigate the probate process.

Monitoring a Judgment Debtor

California is one of the few states that allows for renewal of a money judgment every ten years without any deadline on the number of renewals. One may say that as a California collection attorney, we actually grow old with the judgment debtors. Most lawyers fail to advise their judgment creditor clients that in the 1st 10 years period after the judgment was entered, they should renew the judgment after 5 years. This is a one time opportunity to effectively "compound the interest.

How Can We Assist You? Schedule A Consultation today.

Contact our commercial collections lawyers at our firm to discuss your and your clients' business, commercial collections and enforcement of judgements' issues. The skilled and experienced team of attorneys at our downtown Los Angeles law offices offers hourly and blended fees (discounted hourly plus partial contingent fee) to our clients.

Call us at 213-599-7004 today or fill out the form below to get started.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Get Started
Map Marker

The Law Offices of Ronald P. Slates, P.C.
500 S. Grand Ave.
Los Angeles, CA 90071

Toll Free: 866-904-6965
Phone: 213-599-7004
Fax: 213-624-7536
Los Angeles Law Office Map