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Differences Between Commercial and Consumer Debt Collection

Direct Recovery

The debt collection process is a necessary evil for anyone who extends credit to clients, customers, or other businesses. When things get difficult and payments are missed, debt collectors are the ones that get tasked with tracking and collecting what is owed as efficiently as possible.

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Tenth Circuit Affirms Summary Judgment in Favor of Defendant in FDCPA Case on the Basis of Claim Preclusion

Troutman Sanders

Court of Appeals for the Tenth Circuit upheld a trial court’s order granting summary judgment in favor of a debt buyer holding that claim preclusion barred the plaintiff’s claims brought under the Fair Debt Collections Practices Act (FDCPA) and Utah’s Unfair Claims Settlement Practices Act (UCSPA). The decision in McMurray v.

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3 ways you can collect on a bad corporate check

Collections Law

Retail businesses have long dealt with bad checks from customers, which may not be worth pursuing if they are for a small amount. Cohen LLC, we help our clients collect on commercial debt, including bad checks. Cohen LLC, we help our clients collect on commercial debt, including bad checks. You do have options for collection.

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Online Retailer Settles with State Attorneys General Over Security Incident

Troutman Sanders

Based on the state attorneys general’s Assurance of Voluntary Compliance , CafePress — an online retailer of customizable apparel, mugs, and other consumer products —– was the victim of a cyberattack on or before February 19, 2019. Pulling back the onion demonstrated that the consent judgment has minimal enforceability. Background.

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Keeper attachments: How do they help you collect your money?

Collections Law

The commercial collection process can feel overwhelming sometimes. Prejudgment attachments allow us to identify the debtor’s assets before the court issues a judgment, which we can then seize to satisfy the judgment. This works best when your debtor is a cash-heavy business, such as a retail store or restaurant.

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Attempting Debt Collection Efforts After a Debtor Files for Bankruptcy

FFGN COLLECT NY

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. A Cautionary Tale. The debtor did not pay.

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Maximize the chances for debt recovery with a keeper attachment

Collections Law

Navigating the complexities of debt collection is an endeavor, even for larger Massachusetts businesses. Cohen & Associates LLC, our commercial litigation attorneys have more than 50 years of collective experience in commercial debt collection. One such aggressive collection tool is a keeper attachment.