Collections Law

NOVEMBER 9, 2020

To register your out of state judgment in Massachusetts, you will need an exemplified copy of the out-of-state judgment, as well as an affidavit stating that you are the holder of the judgment and that it remains unsatisfied, whether in part or in whole. Litigation.

Judgment 52

Judgment Judgment Enforcement Collections Debtor 52

FFGN COLLECT NY

SEPTEMBER 23, 2022

Once a judgment is entered in Texas, the Texas county sheriff can execute on assets within the county where the sheriff is located. Attempts to restrain bank accounts or seize other assets within the state, require a separate action: a new distinct lawsuit against the bank or other institutions where you believe the debtor has assets.

Judgment 52

Judgment Lender Judgment Enforcement Financial Institution 52

FFGN COLLECT NY

AUGUST 12, 2021

When the usual steps, such as levying the debtor’s bank account and garnishing the debtor’s wages, result in little success recovering monies owed, the judgment may seem uncollectible. However, if the debtor is a beneficiary of a deceased New Yorker’s estate, you may be able to enforce the judgment through estate distribution.

Judgment 52

Judgment Debtor Judgment Enforcement Creditors 52

FFGN COLLECT NY

AUGUST 16, 2020

Most business owners have a line of credit with the bank but don’t realize that, as the business owner, they may be personally responsible for repaying any monies loaned. Often, especially in uncertain financial times, the bank will want someone to guarantee a line they might not otherwise make — usually the officer of the borrowing company.

Judgment Enforcement 52

Judgment Enforcement Loans Lender Banks 52

Collections Law

NOVEMBER 9, 2020

Registration To register your out of state judgment in Massachusetts, you will need an exemplified copy of the out-of-state judgment, as well as an affidavit stating that you are the holder of the judgment and that it remains unsatisfied, whether in part or in whole.

Judgment 40

Judgment Judgment Enforcement Collections Debtor 40

FFGN COLLECT NY

SEPTEMBER 22, 2021

A client of ours in the waterproofing business asked for our best practices when enforcing a judgment. Best practices would generally infer that judgment enforcement differs based on the creditor’s industry, but that’s not the case. If so, obtaining the debtor’s banking information is relatively simple.

Judgment 52

Judgment Mechanic’s Liens Debtor Banks 52

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. The Law Offices of Alan M. Cohen LLC Will Fight For You.

Judgment 52

Judgment Debtor Judgment Enforcement Debt Recovery 52

Collections Law

JULY 31, 2020

When we file suit, where appropriate we seek the following types of pre-judgment security: Ex Parte Bank Attachments. Where we know through our clients where the debtor banks, we may seek to obtain ex parte attachments on these accounts to make sure they don’t transfer the money to try to get out of paying off their obligations.

Collections 52

Collections Debtor Judgment Debt Recovery 52

Collections Law

MAY 7, 2021

One is through post-judgment discovery, where we work to follow your debtor’s money trail to find any assets that they may be attempting to hide. We request information about any bank accounts, real estate, inventory, vehicles, or other valuable property, and the debtor must provide full information about the assets.

Judgment 52

Judgment Mechanic’s Liens Collections Debtor 52

FFGN COLLECT NY

JUNE 24, 2022

The nature of the debt alleged in the underlying action and the industry or profession of the judgment creditor has never been relevant to the ability and enforcement of a money judgment. The exceptions sought would apply to money judgments obtained by most medical providers. That is until now.

Judgment 52

Judgment Collections Debtor Healthcare 52

FFGN COLLECT NY

JULY 23, 2020

The first method, referred to as a special application, involves requesting a temporary restraining order (TRO) asking the judgment creditor to stay or cease (at least temporarily) any efforts to enforce the judgment. Your bank account(s) were restrained and you need access to the account(s).

Judgment 52

Judgment Judgment Enforcement Creditors Debtor 52

FFGN COLLECT NY

JUNE 3, 2020

Is garnishing PPP or CARES Act funds an option for satisfying outstanding monies owed to judgment creditors? Although New York has liberal laws on judgment enforcement, CPLR Sect 5222-a provides a laundry list of funds exempt from creditors’ reach.

Garnishment 52

Garnishment Creditors Judgment Judgment Enforcement 52

Troutman Sanders

DECEMBER 8, 2022

Alternatively, the plaintiffs request that the court declare that the Act’s provisions: (1) do not apply to debt arising out of contracts or agreements entered into before the effective date; (2) do not apply to post-judgment enforcement actions occurring after the effective date where the underlying contracts were entered into before the effective (..)

Garnishment 52

Garnishment Judgment Judgment Enforcement Collections 52

FFGN COLLECT NY

AUGUST 11, 2021

When the usual steps, such as levying the debtor’s bank account and garnishing the debtor’s wages, result in little success recovering monies owed , the judgment may seem uncollectible. However, if the debtor is a beneficiary of a deceased New Yorker’s estate, you may be able to enforce the judgment through estate distribution.

Debtor 40

Debtor Judgment Judgment Enforcement Creditors 40

FFGN COLLECT NY

DECEMBER 9, 2020

A New York collection attorney filed a case to enforce a judgment obtained in Chicago, Illinois against a New York company and its guarantor. The Illinois judgment appeared valid. The firm filed an action to file the judgment in New York, served the defendants, and enforced the judgment. Other Examples.

Collections 40

Collections Judgment Debtor Judgment Enforcement 40

Collections Law

APRIL 1, 2020

As we have helped and represented numerous foreign judgment creditors over more than three decades, we have a sound understanding of the procedural rules and Massachusetts law pertaining to foreign judgment enforcement. They are indicative of continuous banking changes. It is important to note that in Massachusetts.

Judgment 52

Judgment Collections Debtor Foreclosure 52

Collections Law

AUGUST 11, 2020

Our debt collection firm works relentlessly and aggressively to help clients get their hard-earned monies back into their bank accounts from tricky debtors who want to delay payments or have zero intentions of paying back. We Domesticate Foreign Judgments in Massachusetts.

Judgment 52

Judgment Debtor Construction Lawyers 52

Financial Forensic Services

SEPTEMBER 19, 2021

The currency does not exist in physical form, value is transacted directly between the sender and the receiver, and there is no need for banking intermediaries to facilitate the transaction. or European bank to announce some kind of system where they either enable bitcoin purchases or agree to hold digital assets for their clients.

Banks 52

Banks Judgment Enforcement Judgment 52

Collections Law

SEPTEMBER 24, 2020

If you and our collection lawyers choose domestication of the foreign judgment by litigation, our skilled and aggressive judgment enforcement attorneys may decide to seek pre-judgment security to help secure payment of your foreign judgment. Attorney Alan M. Cohen and his team are diligent, aggressive and ethical.

Debt Recovery 40

Debt Recovery Lawyers Collections Commercial Collection 40

Collections Law

SEPTEMBER 24, 2020

If you and our collection lawyers choose domestication of the foreign judgment by litigation, our skilled and aggressive judgment enforcement attorneys may decide to seek pre-judgment security to help secure payment of your foreign judgment. Attorney Alan M. Cohen and his team are diligent, aggressive and ethical.

Debt Recovery 40

Debt Recovery Lawyers Collections Commercial Collection 40

Collections Law

JULY 1, 2020

As the name suggests, these pre-judgment security tools are offered by the laws of the Commonwealth of Massachusetts to prevent the defendant or debtor from taking any action that can reduce their ability to pay off debts to you. These security tools prevent the debtor from selling, transferring, or moving their assets.

Mechanic’s Liens 52

Mechanic’s Liens Debt Recovery Collections Debtor 52