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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Jimerson Firm

NOVEMBER 8, 2023

Judgment creditors are often faced with the question of how to collect an out-of-state judgment (also commonly referred to as a foreign judgment) in Florida. Once the foreign judgment is domesticated, the judgment creditor may pursue post-judgment collections efforts in Florida.

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Collections Law

JUNE 14, 2023

In the United States, each state’s courts are bound to respect the judgments of other states’ courts, with limited exceptions. If you have obtained a judgment in your state only to learn the debtor no longer has any assets there, you can look to assets they have in other states, such as Massachusetts.

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Collections Law

APRIL 25, 2023

Medium-sized and large companies that are having trouble collecting on delinquent debts should act quickly. Time is of the essence – and that means you have no time for collection agencies. Did you know that collection agencies can’t force business debtors to pay? At the Law Offices of Alan M. We do not give up.

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FFGN COLLECT NY

MARCH 31, 2023

Whether the defenses raised by the debtor are valid or not, a debtor defending a debt collection case can delay collection. If the case involves undisputed facts your attorney can request a summary judgment wherein your counsel makes a motion to the court requesting it applies the law to the undisputed facts and grants a judgment.

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Collections Law

FEBRUARY 12, 2021

The first step should be finding someone who can be in your corner and fight to collect your bad debts until they either collect the bad debt or no one else can. The experienced and effective debt collection attorneys at the Law Offices of Alan M. Domesticating Your Judgment. depending on circumstance.

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FFGN COLLECT NY

MARCH 23, 2022

You have taken the steps necessary to domesticate an out-of-state or foreign country judgment in New York and are ready to start restraining assets to satisfy the judgment. Before you make your next move, there is a step our firm recommends taking before you execute on a domesticated judgment in NY. Notice of filing.

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Collections Law

AUGUST 11, 2020

Whether you operate in or outside Massachusetts, if your customer to whom you had provided goods or rendered services on credit is located in Massachusetts and is not paying off your debt, then get in touch with our experienced and aggressive debt collection lawyer, Alan M. We Domesticate Foreign Judgments in Massachusetts.

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Collections Law

APRIL 19, 2022

As a business owner or manager, collecting unpaid debt is likely not your favorite part of your job. Even if you do achieve a judgment in your own state, you have the added step of needing to domesticate the judgment in the debtor’s state. The experienced commercial collections attorneys at the Law Offices of Alan M.

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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

MARCH 15, 2022

It’s important you verify the information contained in a debt collection affidavit before you sign it. An affidavit is sworn testimony used to support your debt collection case. Chase was one of 13 financial institution censured for robo-signing documents in support of debt collection suits and foreclosure.

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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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ABI

JANUARY 23, 2024

First , whether the Foreign Representative’s service of a subpoena by alternative means of service, specifically email and social media, was reasonably calculated to provide notice. [1] the Debtor”) was an investment firm founded by Kyle Livingstone Davies (“Davies”) and Su Zhu (“Zhu” and collectively with Davies, “the Founders”). [3]

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FFGN COLLECT NY

MAY 18, 2022

Can you use a judgment to restrain a bank account or other assets maintained by a judgment debtor outside of New York state? The creditor then obtains a judgment against that debtor. The creditor wants to execute the New York judgment but the debtor’s bank account originates in California.

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Collections Law

SEPTEMBER 24, 2020

Bad debt collection is as much of a part of a business as are sales. That is why you should leave bad debt collection to the experienced aggressive debt recovery attorneys at the Law Offices of Alan M. We have collectively between our two collections attorneys almost 50 years of debt recovery experience.

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Collections Law

SEPTEMBER 24, 2020

Bad debt collection is as much of a part of a business as are sales. That is why you should leave bad debt collection to the experienced aggressive debt recovery attorneys at the Law Offices of Alan M. We have collectively between our two collections attorneys almost 50 years of debt recovery experience. .

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Troutman Sanders

AUGUST 5, 2022

The task force comprises attorneys general from all 50 states and will investigate and prosecute companies suspected of allowing or using illegal robocalls from foreign entities. The court entered default judgment against Articul8 in late February. Already, the task force has issued 20 civil investigative commands to 20 companies.

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Troutman Sanders

AUGUST 7, 2023

On July 31, the District Court for the Central District of California entered judgment in favor of the court-appointed receiver of defendants True Count Staffing Inc., On July 31, the District Court for the Central District of California entered judgment in favor of the court-appointed receiver of defendants True Count Staffing Inc.,

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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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Collection Industry News

JUNE 1, 2023

Introduction: The debt collection industry plays a vital role in the global economy, helping businesses recover outstanding debts and maintain financial stability. This presents a substantial opportunity for debt collection agencies to assist lenders in recovering unpaid debts and managing default risks.

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ABI

JANUARY 13, 2022

8 Thereafter, BTEL appointed Mr. Abi (the “Foreign. Indonesian proceeding as a foreign main proceeding and enforcing the Plan in the United States. bankruptcy court for the Southern District of New York granted the Foreign Representative’s. request and recognized the Indonesian proceeding as a foreign main proceeding.

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Collections Law

JANUARY 15, 2020

Collecting on your bad debt isn’t always an easy process and can be dragged out if you are not taking the most aggressive and relentless methods when dealing with your debtor. Cohen LLC for help with bad debt collection. We handle post-judgment collections for cases within Massachusetts jurisdiction. The post Alan M.

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Collections Law

MAY 7, 2020

When the time comes to return to normalcy, you should be prepared to return to business as usual, including collecting any outstanding debt you may currently be owed. Navigating this with the help of an experienced collection attorney is critical, and the Law Offices of Alan M. Cohen LLC can provide you with just that.

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Troutman Sanders

OCTOBER 16, 2023

In its amicus brief, NASAA pushed back on Coinbase’s motion for judgment on the pleadings, which sought to dismiss the SEC’s case with a ruling that Coinbase has not listed investment contracts based on the existing facts. million, allegedly collecting about $81,000 of that amount. For more information, click here.

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FFGN COLLECT NY

DECEMBER 30, 2020

Should there be another court shutdown in 2021, you may be wondering how to maximize debt collection in 2021? New York on PAUSE in March 2020, closed New York courts for almost all debt collection efforts. Many, not all, court clerks have returned, offering the opportunity to process debt collection claims. Contract Terms.

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Troutman Sanders

DECEMBER 20, 2022

On December 15, the Office of the Comptroller of the Currency, along with the Federal Financial Institutions Examination Council, released revised procedures for how its examiners will investigate financial institutions for Fair Debt Collection Practices Act compliance, incorporating Regulation F changes into their review.

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FFGN COLLECT NY

MARCH 2, 2021

Sounds like a ridiculous question to ask, but is your New York debt collection attorney licensed to practice law in New York? This could have become an issue because the defendant could claim they did not have proper representation, which would give them grounds to vacate the judgment at a later date. 1200 Rule 5.5(a),

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Troutman Sanders

JANUARY 19, 2021

State Activities: On January 13, the Colorado legislature introduced a bill extending the moratorium on certain collection actions filed in the state until June 1, 2021. Currently set to expire on February 1, the collection actions subject to the moratorium include garnishment, attachment, and levy. For more information, click here.

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Collection Industry News

OCTOBER 19, 2020

On Thursday of last week, the CFPB filed a stipulated judgment that effectively extends the CFPB’s prior consent order with Encore for five more years in addition to applying certain monetary penalties. The post CFPB Settles with Encore for $15MM Civil Penalties and $78K Monetary Relief appeared first on Collection Industry News.

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Collection Industry News

OCTOBER 3, 2022

Federal district courts, with the consent of the parties, are authorized by statute to refer “civil matter[s]” to magistrate judges for the purpose of conducting all proceedings and entering a judgment in the litigation. Supreme Court have jurisdiction to hear appeals of orders or judgments issued by lower courts. 4th 471 (5th Cir.

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Troutman Sanders

SEPTEMBER 25, 2023

District Court for the District of Columbia denied a motion for summary judgment filed by the National Association of Mutual Insurance Companies (NAMIC), challenging the disparate-impact rule as exceeding the U.S. The bill protects patients from certain debt collection practices for medical debt. For more information, click here.

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Troutman Sanders

MAY 23, 2023

On May 16, Maryland Governor Wes Moore signed SB106 into law, exempting up to $500 in a deposit account or other accounts of a judgment debtor held in certain financial institutions from execution on the judgment without an election by the debtor to exempt the money. For more information, click here. For more information, click here.

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Troutman Sanders

AUGUST 16, 2022

Federal Activities: On August 12, VantageScore announced that it completed an extensive analysis on how recent changes have impacted consumer credit score models to how medical collection accounts are reported, including changes brought by the COVID-19 pandemic. VantageScore decided to drop medical debt from its calculations.

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Troutman Sanders

NOVEMBER 15, 2022

Department of the Treasury’s Office of Foreign Assets Control delisted and redesignated cryptocurrency mixer Tornado Cash for allegedly assisting the Democratic People’s Republic of Korea in laundering over $100 million worth of cryptocurrency to support its weapons of mass destruction and ballistic missiles programs. On November 8, the U.S.

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Troutman Sanders

MAY 2, 2023

On April 26, the CFPB issued an advisory opinion, reminding the industry that a debt collector who brings or threatens to bring a foreclosure action to collect a time-barred mortgage debt may violate the Fair Debt Collection Practices Act. According to the CFPB, civil judgments are “both common and unevenly distributed.”

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Stevens Lloyd

JULY 30, 2018

The roles played by Credit Bureaus and collection agencies. The information provided by the databases helps to determine if there is a need to initiate the collection process or start litigation. there is a wide range of debt collection agencies. Some of these debt collection agencies have branches throughout the country.

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Better Credit Blog

AUGUST 7, 2020

Though the name SYNCB is foreign to most people when they encounter it on their credit report , it represents a popular national online bank, Synchrony. The same is true for disputing collections accounts if a debt collector is contacting you. What Is SYNCB? You can rest assured knowing that SYNCB is legit. Charge offs. Foreclosure.

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