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Massachusetts debt collection laws: What do business owners need to know?

Collections Law

Cohen & Associates LLC, our commercial collections lawyers have more than 50 years of combined experience. They have dedicated their practice to collecting commercial debts in Massachusetts. By knowing and understanding the laws, business owners can use these laws to help them collect unpaid debts.

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Asset seizures: How they work in commercial collections

Collections Law

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 commercial collection attorneys at Law Offices of Alan M. Cohen LLC, we are often called on to assist with commercial collection cases.

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Filing a Foreclosure Lawsuit? Make Sure You Check the Local Rules

Jimerson Firm

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. In Florida, mortgage foreclosure lawsuits are filed in the county where the property is located.

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Mitigating Risks Associated with Hotel, Restaurant and Entertainment Industry Economic Challenges: Part 4 – Assignment of Rents Under Section 697.07, Florida Statutes

Jimerson Firm

This article explores Section 697.07, Florida Statutes, which governs the assignment of rents. Thus, the trial court did not abuse its discretion by requiring the borrowers to deposit all hotel revenue into the court registry pending final judgment. Assignment of Rents under Section 697.07, Florida Statutes.

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Does a Commercial Landlord Have a Duty to Mitigate Damages After a Tenant Breaches the Lease Agreement?

Jimerson Firm

Nevertheless, the better practice may be for commercial landlords and property managers to always attempt to mitigate damages. If a written lease agreement exists, the written lease agreement would govern the rights and obligations of the parties upon a breach of the lease agreement by the tenant.

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10 Ways to Maximize Debt Collection in 2021

FFGN COLLECT NY

Make sure to avail yourself of all possible tools to collect starting with implementing changes in the sales process. Think proactively about including guarantees, confessions of judgments , liens, security interests, mortgages, and notes. Thw time to think about collections is before you work with the customer. Contract Terms.

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The Top Five Things Lenders Need to Know About Florida’s Construction Lien Law

Jimerson Firm

Notices of commencement are governed by Fla. 5th DCA 1988) (reversing a summary judgment in favor of the bank because the bank delayed recording the notice of commencement). . § 713.13 , to ensure their mortgages maintain the intended priority over any potential later construction liens. Notices of Commencement Under Fla.