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Freezing a debtor’s bank account in order to collect a debt

Collections Law

When you need to collect on a commercial debt, freezing the debtor’s bank account can be one of the most effective collection methods available. The technical name for this action is a trustee attachment but is commonly referred to as a bank attachment. At Law Offices of Alan M. Why is it so effective?

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Utilizing ex parte attachments for Massachusetts commercial debt collection

Collections Law

It can apply to various types of property, including without limitation real estate, personal property, bank accounts, and receivables. Our experienced commercial collections lawyers strategically utilize whatever methods are allowed under state and federal laws to not just secure a judgment, but also collect on that debt.

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Know your options: Basic debt collection tools

Collections Law

Aggressive and Relentless Collection Tactics Legal tactics that can result in payment can include: Bank attachments. A trustee attachment is a legal tactic allowing a creditor to freeze monies in non-exempt bank accounts. Real estate attachments. We have helped business owners navigate these types of situations since 1994.

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Successful collections using pre-judgement attachments

Collections Law

The entire goal of a commercial collection action is to obtain payment from a person or business that owes you money. We have many tools at our disposal for pre-judgement attachments, but one of the most effective is a bank attachment. How do bank attachments work? At the Law Offices of Alan M.

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How can a Rule 69 deposition help in debt collection?

Collections Law

Unfortunately, collecting on that judgment could prove to be a challenge. The experienced commercial collection attorneys at Law Offices of Alan M. Cohen LLC have almost 50 years of combined experience assisting clients with not just obtaining a judgment, but actually collecting the money their debtors owe them.

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5 tips for collecting on delinquent accounts

Collections Law

Cohen LLC, our experienced commercial collection attorneys have been helping businesses recover debt since 1994. Reach out to a knowledgeable law firm Although you can take many steps on your own to protect your business, certain situations require the help of a skilled commercial collections lawyer.

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3 ways you can collect on a bad corporate check

Collections Law

An ex parte bank attachment Once we sue the debtor for the amount due, we have many methods of collection at our disposal. With bounced checks, we often use an ex parte bank attachment, also known as a trustee attachment. Debt collection is our sole focus at Law Offices of Alan M.