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Cohen & Associates LLC, our commercialcollections attorneys have more than 50 years of combined experience helping our business clients collect on their unpaid debts. By utilizing aggressive, relentless and innovative tactics, ethically allowed under Massachusetts laws, we help clients collect unpaid judgments.
Cohen & Associates LLC, our experienced commercial litigation attorneys focusing on commercialcollections practice aggressive, relentless and ethical debt collection tactics to help Massachusetts businesses and out of state creditors owed monies from Massachusetts debtors collect their unpaid debts.
Cohen & Associates LLC, our commercialcollections lawyers have more than 50 years of combined experience. They have dedicated their practice to collectingcommercial debts in Massachusetts. Uniform Commercial Code (UCC) – MGL c.106: You have every right to collect on your business’s debts.
It may be time to consider hiring a commercialcollection agency. We’ve spent a lot of time on this blog discussing: Turning debt over to a collection agency Choosing the rightcollection agency for your business Innovative steps for protecting your business now and in the future. What is a Commercial Business?
Once you win your judgment case against someone who owes you money, you should be able to collect on your judgment and move on with your life. As experienced commercialcollection attorneys at Law Offices of Alan M. Cohen LLC, we are often called on to assist with commercialcollection cases. Cohen LLC.
Cohen & Associates LLC, our Massachusetts commercialcollections attorneys have over 50 years of experience in aggressive, relentless, effective and commercial debt collection including but not limited to judgment enforcement and domestication. At Law Offices of Alan M.
By taking preemptive measures, you can set a solid foundation that will help you get paid, even if a creditor becomes delinquent. Our commercialcollections litigation attorneys at Law Offices of Alan M. When it comes to commercialcollections, our litigators are relentless and aggressive, but ethical.
Cohen & Associates LLC, our commercialcollections attorneys have over five decades of commercialcollections experience. Our firm’s attorneys relentlessly and aggressively pursue the collection of debts on behalf of our clients while maintaining the utmost ethical standards to do so. At Law Offices of Alan M.
For more information or to locate a certified commercialcollection agency, please visit, www.commercialcollectionagenciesofamerica.com The post CommercialCollection Agencies of America Gives Back appeared first on Collection Industry News. Contact: Annette M.
Cohen & Associates LLC, our commercialcollections attorneys have more than 50 years of combined experience. We exclusively practice aggressive and relentless, yet ethical debt collection. A judgment is just a judgment, but a judgment gives a creditor the power to move on to post-judgment actions.
— CommercialCollection Agencies of America recently announced that through its initiative, CommercialCollection Agencies of America Gives Back , a portion of the proceeds of its virtual annual meeting has been given to Mental Health Advocates of WNY, formerly known as the Mental Health Association of Erie, New York.
December 15, 2021-Chicago-CommercialCollection Agencies of America announced that through its. initiative, CommercialCollection Agencies of America Gives Back, a portion of the proceeds of its. In addition to 4KIDS, CommercialCollection Agencies of America has also been fortunate to donate a.
January 5, 2022-Chicago-CommercialCollection Agencies of America has elected its new. Board members include Pete Roth of CST Company, Fred Wasserspring of Lyon Collection Services, Inc., Humberto Matz of Creditors Adjustment Bureau, Tom Claybaugh of Mountain States Commercial Credit Management, Inc.,
If you are having trouble collecting a commercial debt, you may wonder what you can do to make the debtor pay. The experienced commercialcollections attorneys at the Law Offices of Alan M. Cohen LLC know how to choose the right tools for the job. The commercialcollections attorneys at the Law Offices of Alan M.
The good news is that it is your right to collect on debts as long as you follow the right legal procedures. If you operate a B2B model, you are required to follow business debt collection laws. The business debt collection laws protect them. Like the Fair Debt Collection Practices Act, the U.S.
Guarantees can be classified as being either guarantees of payment or guarantees of collection, and the distinction is important to recognize. A guarantee of payment is a far more effective tool , as it allows a creditor to proceed directly against the guarantor without the necessity of taking any action against the primary obligor [debtor].
Cohen & Associates LLC, our ethical commercialcollections attorneys are well-known for their aggressive, relentless and innovative debt collection tactics. A bank attachment is a powerful post-judgment collection tool. For commercialcollections, an attachment is a fast and efficient way to pursue payment.
On July 1, 2020, the Uniform Commercial Real Estate Receivership Act (“Act”) became law in Florida as part of the newly created Chapter 714 of the Florida Statutes. The new Act expands the right of receivership and provides a uniform procedure, which may allow for a more uniform and predictable process for appointment of a receiver.
Cohen & Associates LLC, our commercialcollections attorneys have more than 50 years of experience helping Massachusetts and out-of-state creditors seek judgments from their debtors and collect on unpaid debts. Our commercialcollections attorneys are aggressive and relentless.
In the event the borrower defaults, usually by failing to make loan payments, a secured creditor has a right to take possession of the collateral. The quickest and cheapest way for a secured creditor to take possession of the collateral is by self-help repossession. 679.609, Fla. What Does it Mean to “Breach the Peace”?
This is often done in an effort to put their money out of reach from rightfulcreditors like you. We handle business and commercialcollections for companies of all sizes and in any industry. These trusts are sometimes called “creditor-resistant.” They’re creditor-resistant, but that doesn’t mean creditor-proof.
Cohen & Associates LLC, our Massachusetts commercialcollections attorneys are respected for their aggressive and relentless ethical debt collection strategies and tactics. We have successfully pierced the corporate veil to collect on debts from the creditor company’s owners or shareholders.
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. At Law Offices of Alan M. What is an ex parte attachment?
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. At Law Offices of Alan M. What is an ex parte attachment?
Lenders must give careful consideration on choosing this method because it may (unless otherwise negotiated in the written agreement) lose the right to collect any deficiency, and the property will remain subject to any existing liens. However, lenders should only use this option if it maximizes recovery on the SBA loan.
Wednesday, April 7, 2021-Chicago- CommercialCollection Agencies of America is proud to announce the appointment of Mr. Kurt Albright to the Independent Standards Board effective immediately. To contact CommercialCollection Agencies of America, email Executive Director, Annette M.
Most commercial loan documents will include an acceleration clause, which is a clause that allows the lender to accelerate the total remaining amount due on the loan. 3d DCA 2006) (“In Florida, an acceleration clause in a mortgage confers a contract right upon the note or mortgage holder which he or she may elect to enforce upon default.”).
Foreclosures in Florida are judicial, meaning the secured creditor must file a lawsuit. On the other hand, the lender may not have any rights to the mobile home, but may still proceed with foreclosure of the real property. In this case, the mobile home will become part of the foreclosure of the real property.
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.
Such property will often then be sold by the sheriff and the funds returned to the creditor in fulfillment of the judgment. By and large, a Writ of Execution is an effective means for creditors to recover monies against professional debtors who deliberately avoid paying their bills. These expenses typically cost an average of $500.
If the customer closed their office and left no assets, that may be the end of your debt collection claim right there. For creditors to continue to pursue their debt collection claims while working remotely, they need access to their books and records, invoices, statements, proofs of delivery, and more. It definitely can.
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. There’s No Time to Waste When Collecting Delinquent Debts. A mechanic’s lien is collateral.
In Florida, foreclosure actions must be brought in the county where the land is located. This is typically referred to as the “local action rule.” However, lenders often wonder where they should file the foreclosure action if the loan is secured by mortgaged land situated in different counties.
However, there are important aspects of the Construction Lien Law that can directly affect the rights and obligations of lenders in numerous ways. Florida’s Construction Lien Law found in Chapter 713, Florida Statutes, may seem like an area of the law that is only relevant to contractors and property owners.
In Florida, mortgage foreclosure lawsuits are filed in the county where the property is located. Although Florida foreclosures are governed by Chapter 702 of the Florida Statutes , foreclosing lenders must also check the local rules of the court where the lawsuit is filed to make sure that they comply with any additional requirements.
When a lender obtains a final judgment of foreclosure from the court, the mortgaged property is sold at public auction and, if bought by someone other than the foreclosing lender, the proceeds are applied to the debt owed by the delinquent borrower. However, sometimes the sale proceeds are insufficient to satisfy the full amount of debt owed.
Self-Help Repossession: In Florida, a secured creditor may use self-help repossession to take possession of collateral, provided its efforts do not breach the peace. Florida case law provides that a breach of the peace occurs if the secured creditor enters the debtor’s land to repossess the collateral, without the debtor’s consent.
Losing the Right to Collect Rents: Junior Foreclosure Sales. It is important to note that senior mortgage holders may lose the right to collect rents during the pendency of a foreclosure action if a junior mortgage holder has previously foreclosed on its junior mortgage. Conclusion. Authors: Austin T.
In 2014, Form 1.996(a) was further amended to add titles, update the statutory reference to time for right of redemption, and add a paragraph on attorneys’ fees. Last year, the Form was amended again to add a reference to Section 83.561, Florida Statutes and the rights of a tenant occupying foreclosed residential property.
For example, the receiver may be able to reject executory contracts of the receivership estate during the receivership, sell receivership property free and clear of existing liens, settle claims with the approval of the court and assert rights held by the borrower. Business Reasons to Seek Appointment of a Receiver. See Barnett Bank, N.A.
Failure to give proper notice will be a violation of a party’s due process rights, and will subject the movant or movant’s counsel to sanctions. Although the motion was filed as an “emergency,” failure to notify defendant’s counsel was a violation of the defendant’s due process rights. See Jade Winds v. Citibank , 63 So. 3d 819 (Fla.
5) The borrower’s proposed treatment of the SBA loan must be fair and equitable in comparison to the treatment to be received by the borrower’s other creditors. 5) The borrower’s proposed treatment of the SBA loan must be fair and equitable in comparison to the treatment to be received by the borrower’s other creditors.
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