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A Comprehensive Overview of How Commercial Debt Collection Agencies Work

Debt RR

What Do Commercial Debt Collection Agencies Do? Debt collection agencies are organizations that attempt to collect debt on behalf of other businesses. A commercial debt collector works exclusively with B2B creditors that need to collect past due payments from other businesses.

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Advanced Debt Collection Techniques, Part Two

Stevens Lloyd

At the Stevens-Lloyd Group, in addition to utilizing our unique blend of incorporating phone calls, strong written communication skills and litigation, we also utilize more advanced debt collection techniques. These include Writs of Execution, Bank levies, and Wage garnishments. Bank Levies. What is a Writ of Execution.

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How Our Business Collection Attorneys Domesticate and Enforce Foreign Judgments Against Debtors

Collections Law

The Uniform Enforcement of Foreign Judgments Act, which the Commonwealth of Massachusetts formally adopted in April 2019, enhances the ability of a judgment creditor to domesticate their judgment and thus collect their outstanding accounts receivable. Turn to Experienced Commercial Litigation Collections Lawyers in Massachusetts.

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How to Get a Deficiency Judgment After a Foreclosure Sale

Jimerson Firm

Compass Bank , 164 So. Liberty Bank , 87 So. When the lender receives a deficiency judgment from the court, it can proceed to collect on that judgment against the borrower using conventional collection methods. 3d 49, 57-58 (Fla. 1 st DCA 2015). 5)(h), Fla. Empire Developers Group, LLC v. 3d 51, 53 (Fla. Conclusion.

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How Aggressive Collections Attorneys Can Aid in Massachusetts Debt Recovery

Collections Law

Instead, they will help you collect on the debt by filing a lawsuit against the debtor, seeking and obtaining attachments on the debtor’s assets, and even garnishing their wages post-judgment so that you can get paid for your judgment debt. We also use methods such as reach and apply injunctions to help collect your bad debt.