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What To Do When A Debtor Uses Trickery

Collections Law

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.

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Navigating Debt Collection After Death: What Happens If A Debtor Dies?

Collections Law

Inevitably, a business may find themselves in a situation where a debtor or business owner dies with an outstanding bill. Understanding the legal and ethical implications of collecting a debt from an individual’s estate is crucial for businesses to handle the situation appropriately and respectfully. At Law Offices of Alan M.

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Utilizing ex parte attachments for Massachusetts commercial debt collection

Collections Law

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.

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Why creditors should know what it means to “pierce the corporate veil”

Collections Law

This scenario can be frustrating to a debtor. Cohen & Associates LLC, our Massachusetts commercial collections attorneys are respected for their aggressive and relentless ethical debt collection strategies and tactics. Unless the debtor can pierce the corporate veil. At Law Offices of Alan M.

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Can you still collect if the debtor has filed for bankruptcy?

Collections Law

Filing your proof of claim Once you receive notice that your debtor has declared bankruptcy, you should review the paperwork and your status as a listed creditor. You should also have the chance to attend a meeting with the debtor to ask questions regarding the bankruptcy filing. Cohen LLC, we use several methods to pursue these debts.

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Maximize the chances for debt recovery with a keeper attachment

Collections Law

In Massachusetts, a keeper attachment is a prejudgment attachment in which the court appoints a “keeper” to oversee a debtor’s cash receivables. This prejudgment attachment is especially useful when a debtor is operating a cash-heavy business like a restaurant or retail store. What does the keeper do? Cohen & Associates LLC.

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Utilizing ex parte attachments for Massachusetts commercial debt collection

Collections Law

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.