FFGN COLLECT NY

OCTOBER 4, 2022

Companies that grow by acquisition are often faced with challenges when taking a deep dive into recently acquired new customer accounts. Although acquisitions can increase your customer base, new client relationships don’t always go as anticipated. The clients are out of business, judgment proof. Bad Accounts Receivable.

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Acquisition Collections Construction Debtor 52

Troutman Sanders

AUGUST 29, 2023

Palisades Acquisition XVI, LLC , the plaintiff incurred a credit card debt, which was later assigned to a new creditor. In 2007, the new creditor commenced an action to recover the debt and obtained a default judgment against the plaintiff. The default judgment was later assigned to Palisades Acquisition. In McCrobie v.

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Acquisition Garnishment Judgment Debtor 52

PBWT

JANUARY 15, 2021

In both cases, the “agreements or transactions” must be “with the debtor or any other entity.” In November 2011, Samson was sold in an LBO to Samson Resources Company, f/k/a Tulip Acquisition Corp. (“Samson Tulip”), a newly created entity owned by the purchasers. ” Id.

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Debtor Bankruptcy Judgment Acquisition 59

Collection Industry News

OCTOBER 27, 2020

Axiom Acquisition Ventures, LLC (“Axiom”) bought Robert Valenzuela’s consumer debt from a bank after he allegedly defaulted on his personal loan payments. The post District Court Holds Letter Notifying Debtor of Change in Debt Ownership Can Fall Under FDCPA appeared first on Collection Industry News.

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Debtor Debt collector Fair Debt Collection Acquisition 40

Troutman Sanders

OCTOBER 15, 2020

Axiom Acquisition Ventures, LLC (“Axiom”) bought Robert Valenzuela’s consumer debt from a bank after he allegedly defaulted on his personal loan payments. The District Court denied Axiom’s motion, applying precedent from the U.S.

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Debtor Debt collector Fair Debt Collection Acquisition 40

Collection Industry News

JUNE 14, 2021

In 2019, debt collector Douglas MacKinnon and his Buffalo area companies, Northern Resolution Group, and Enhanced Acquisitions, agreed to pay $60 million to resolve a lawsuit filed by the U.S. MacKinnon has not paid on the judgment, and the Attorney General’s Office recently filed a lawsuit to seize his family’s $1.6

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Debt collector Judgment Acquisition Collections 40

PBWT

FEBRUARY 1, 2021

Ruling on plaintiff-debtor Southland Royalty Company LLC’s motion for partial summary judgment, Judge Owens found that Halliburton did not obtain a lien on Southland’s production of oil, natural gas, or their proceeds. Southland focuses on the acquisition, development, and exploitation of oil and gas reserves.

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Bankruptcy Construction Debtor Acquisition 59