Collections Law

FEBRUARY 2, 2024

Unfortunately, when a company has experience as a debtor, sometimes, this has given them an opportunity to learn a few tricks to try and avoid collection efforts. Our collections attorneys at Law Offices of Alan M. Cohen & Associates LLC know that debtors will sometimes go to great lengths to avoid paying their debts.

Debtor 52

Debtor Judgment Commercial Collection Collections 52

Collections Law

APRIL 2, 2024

When a debtor is delinquent, one of the biggest concerns for creditors is that the debtor doesn’t have enough money to pay what they owe. Securing an ex parte attachment to obtain pre-judgment security as part of a collections lawsuit can help to alleviate these concerns. After all a judgment is just a judgment.

Collections 52

Collections Judgment Debtor Commercial Collection 52

Collections Law

MARCH 19, 2024

When a debtor is delinquent, one of the biggest concerns for creditors is that the debtor doesn’t have enough money to pay what they owe. Securing an ex parte attachment to obtain pre-judgment security as part of a collections lawsuit can help to alleviate these concerns. After all a judgment is just a judgment.

Collections 52

Collections Judgment Debtor Commercial Collection 52

Collections Law

AUGUST 9, 2023

In our experience in business-to-business collections, debtors frequently withhold payment even when creditors have obtained legal judgments against them. In Massachusetts, getting a legal judgment may be only the first step in a collections case. What if the court rules our debtor cannot pay?

Judgment 52

Judgment Collections Debtor Creditors 52

Collections Law

DECEMBER 19, 2022

A foreign judgment is a judgment, decree, or court order outside of the Commonwealth of Massachusetts. Creditors can use certain legal tools to collect from deadbeat debtors, but the process requires following a complex legal process. How does a creditor collect on a foreign judgment?

Judgment 52

Judgment Collections Debtor Creditors 52

Collections Law

JANUARY 10, 2024

Securing a judgment for a debt and actually getting paid are two different things. However, if your debtor owns property in Massachusetts, your company has an edge on collecting the money that is owed to you. Cohen & Associates LLC, our debt collection attorneys practice ethical and relentless debt collection.

Debtor 52

Debtor Judgment Creditors Collections 52

Collections Law

APRIL 9, 2021

You’ve won your case in court, and your debtor needs to make the necessary payments to resolve the outstanding debt. In theory, it should be as simple as collecting the monies owed to you and being on your way. The aggressive and relentless debt collection attorneys at the Law Offices of Alan M. But it rarely is that easy.

Debtor 52

Debtor Judgment Collections Debt Recovery 52

Collections Law

MAY 29, 2023

You went to the trouble of getting a judgment against your delinquent debtor and now what? Luckily, Massachusetts law offers a way to follow the money after a judgment goes unpaid. This is allowed as long as the discovery is expected to aid in the collection of an execution. They still won’t pay. What is discovery?

Judgment 52

Judgment Collections Debtor Creditors 52

Collections Law

JULY 25, 2023

We seek to freeze a debtor’s assets prior to obtaining a judgment so that there is an identifiable resource from which to get you paid. Once you get that judgment, we seek leave of the court to direct the person or entity which is holding the debtor’s seized assets to pay you. We don’t dabble in debt collection.

Debtor 52

Debtor Judgment Creditors Collections 52

Collections Law

JULY 6, 2021

When partnering with the experienced commercial litigation debt collection attorneys at the Law Offices of Alan M. Cohen LLC, you will find that the process of domesticating and enforcing foreign judgments against your debtors is a much more straightforward process than one would typically expect. Filing of Judgments.

Debtor 52

Debtor Judgment Collections Lawyers 52

Troutman Sanders

JANUARY 29, 2024

As background, in 2002, the debtor and her then-spouse jointly filed a “no asset” Chapter 7 bankruptcy petition. She listed 45 unsecured creditors in her schedules of assets and liabilities, including the $7,400 credit card debt at issue. Prior to filing its motion, the debt buyer did not conduct a search for bankruptcy filings.

Bankruptcy 98

Bankruptcy Chapter 7 bankruptcy Credit Card Debt Garnishment 98

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.

Debtor 52

Debtor Judgment Creditors Collection Agencies 52

FFGN COLLECT NY

APRIL 21, 2022

By choosing to enlist the help of a debt collection law firm you can take advantage of a number of different debt collection options to assist in the collection of monies owed to you. Collection attorneys work as a “legal” agency. Most collection attorneys will handle all phases of the debt collection process.

Creditors 52

Creditors Collections Debtor Judgment 52

FFGN COLLECT NY

OCTOBER 20, 2021

When considering what funds are exempt from judgment enforcement and the reach of judgment creditors, New York and the federal government draw a line between enforcing judgments against consumers and enforcing judgments against commercial entities. What If Funds Exempt From Judgment Enforcement Are Held?

Judgment Enforcement 98

Judgment Enforcement Judgment Debtor Creditors 98

FFGN COLLECT NY

NOVEMBER 4, 2021

There is no state as liberal as New York when it comes to commercial debt collection and the enforcement of judgments against commercial entities. New York Civil Practice and Rules Article 52 grants the judgment creditor many liberties and privileges when it comes to enforcing a judgment.

Judgment Enforcement 98

Judgment Enforcement Judgment Collections Financial Institution 98

Collections Law

APRIL 19, 2022

As a business owner or manager, collecting unpaid debt is likely not your favorite part of your job. The process becomes even more problematic when your debtor is located in another state. 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.

Debtor 52

Debtor Collections Judgment Commercial Collection 52

Collections Law

JANUARY 13, 2023

It is extremely frustrating to discover that your debtor owes other people a lot of money. The more debt they have out there, the smaller the slice each creditor can get, right? If your debtor hasn’t declared bankruptcy, there are several ways we can use to try to get you paid, even if you don’t have collateral or a court judgment yet.

Debtor 52

Debtor Judgment Collateral Garnishment 52

FFGN COLLECT NY

FEBRUARY 7, 2023

Most summons and complaints filed in New York debt collection cases are worded specifically with the necessary buzzwords and demand a certain sum. If the debtor defaults in the case, fails to appear or answer, the creditor’s debt collection attorney can then submit a judgment to the clerk for signature.

Judgment 52

Judgment Collections Debtor Creditors 52

Collections Law

APRIL 9, 2021

You’ve won your case in court, and your debtor needs to make the necessary payments to resolve the outstanding debt. In theory, it should be as simple as collecting the monies owed to you and being on your way. The aggressive and relentless debt collection attorneys at the Law Offices of Alan M. But it rarely is that easy.

Debtor 40

Debtor Judgment Collections Debt Recovery 40

FFGN COLLECT NY

DECEMBER 12, 2023

Is there a law in NYC that protects consumers and debtors from debt collecting agencies, businesses, and their attorneys? In this case, you should uphold your consumer rights to ensure ethical practices during the debt collection process. Consumers must be aware that the debt they are being collected for is valid.

Debtor 52

Debtor Debt collector Debt Buying Original Creditor 52

FFGN COLLECT NY

AUGUST 12, 2021

If you have a judgment against a person who owes you a sizable debt and had little success enforcing the judgment through traditional means, alternative options might afford better results. 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

DECEMBER 6, 2022

Can you use a New York debt collection judgment to lien a debtor’s co-op or condo? As a judgment creditor, you want to restrain, attach and lien as many of the judgment debtor’s assets in order to satisfy your judgment. Have a debt collection matter you need resolved?

Judgment 52

Judgment Collections Creditors Debtor 52

Collections Law

AUGUST 17, 2021

The court may rule that the debtor owes a certain amount of money, and also award additional damages. The entry of a judgment does not translate into payment in most cases. Winning is not the same as collecting. Despite the ruling, the debtor may still claim that it does not have the money or is unwilling to pay the money.

Judgment 52

Judgment Collections Debtor Creditors 52

FFGN COLLECT NY

JUNE 12, 2022

Are you or your collection attorney attempting debt collection efforts even though the debtor filed for bankruptcy? If so your collection attorney is exposing you, the law firm, and themselves to personal liability for a money judgment that could far exceed your claim. The debtor did not pay.

Debtor 52

Debtor Bankruptcy Collections Law Firms 52

Stevens Lloyd

DECEMBER 13, 2018

You have initiated a lawsuit and won a Default Judgment against the debtor. Judgments are worthless unless you can locate and garnish the debtor’s assets, however. Extracting money from judgments necessitates obtaining significant information about the debtor as it relates to their assets. So now what ?

Debtor 45

Debtor Debt Recovery Judgment Collections 45

Nexa Collect

MARCH 12, 2021

Debt collection agencies in PR include Kinum , TSI , CICA, ILCA and Professional recoveries. Spanish and English-speaking debt collectors are required for Puerto Rico debt collection. Need a Collection Agency in PR? Puerto Rico is one of the states that regulate the collection of fees and interest. Contact us. 981p (12)).

Collection Agencies 130

Collection Agencies Collections Agency Collections Garnishment 130

Collections Law

OCTOBER 12, 2021

When you win your judgment case against a debtor who has not paid, you may not want to celebrate just yet. You must still collect your money, which is often easier said than done. The debtor could be a natural person, an officer or partner of a business, or the trustee of a trust. At Law Offices of Alan M.

Creditors 52

Creditors Debtor Judgment Commercial Collection 52

FFGN COLLECT NY

JUNE 24, 2022

Aside from judgments from family court, New York currently allows all judgment creditors the same opportunities to enforce their judgments. The remedies available differ based on whether the judgment is entered against a natural person, an individual, or a corporation. That is until now. Lien on Property.

Judgment 52

Judgment Collections Debtor Healthcare 52

Collections Law

AUGUST 24, 2023

If you speak for a large business or corporation that needs to collect on a commercial debt, you should know about this essential tool. In Massachusetts, a real estate attachment allows us to freeze the property before we even get a court judgment against the debtor. At the Law Offices of Alan M. That speed matters.

Collections 52

Collections Judgment Debtor Creditors 52

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? When it comes to out-of-state debtors, restraining a bank account is possible, but depends on certain factors. A New York creditor files suit in New York against a California debtor.

Debtor 52

Debtor Banks Judgment Creditors 52

FFGN COLLECT NY

JUNE 14, 2023

When a debtor owes a creditor money and the creditor is seeking assistance collecting the amount owed, the creditor can either use a collection law firm or a collection agency. Law firms and collection agencies serve the same purpose initially.

Law Firms 52

Law Firms Collection Agencies Collections Agency Third-party Debt Collectors 52

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. More specifically: §5403.

Judgment 52

Judgment Debtor Creditors Collections 52

Collections Law

MAY 4, 2023

This is often done in an effort to put their money out of reach from rightful creditors like you. We handle business and commercial collections for companies of all sizes and in any industry. When a debtor claims they can’t pay, we know how to investigate the debtor and find out where the money went. Cohen LLC.

Debtor 52

Debtor Commercial Collection Creditors Collections 52

FFGN COLLECT NY

SEPTEMBER 19, 2023

When vacating a judgment entered against you is it better to make a regular motion or move by order to show cause? Your sworn statement with supporting exhibits should meet New York’s threshold to vacate the judgment, indicating that you have both an excusable default and a meritorious defense.

Judgment 52

Judgment Creditors Banks Debtor 52

Collections Law

MAY 23, 2023

As soon as your ordinary, reasonable debt collection efforts have failed. That action needs to be more than just hiring a collections agency. Those guys only have the power to annoy your debtor with unceasing phone calls and letters. They just don’t have the tools to actually collect from someone who is refusing to pay.

Mechanic’s Liens 52

Mechanic’s Liens Collections Judgment Debtor 52

FFGN COLLECT NY

SEPTEMBER 29, 2021

You have a signed contract from the debtor as well as a personal guarantee. The signed documentation clearly demonstrates both the corporate debtor and the guarantor are responsible for the debt. However, statements provided to the debtor and the guarantor make the amount they owe unclear. What Happens During a Bifurcated Trial.

Judgment 52

Judgment Collections Debtor Creditors 52

FFGN COLLECT NY

OCTOBER 16, 2020

After finally collecting the monies owed to you through debt collection litigation, the debtor wants their money back. Can a debtor really get their money back? First, you have to put the customer into collections. If the demand is not productive, you needed to sue and wait for judgment.

Debtor 52

Debtor Judgment Enforcement Judgment Creditors 52