CICM

SEPTEMBER 3, 2021

Some of the changes in the pandemic for credit management and enforcement were temporary and have started to fall away, but others remain, making the enforcement landscape indelibly altered. The first lockdown saw a moratorium on all residential judgment enforcement and landlord action. New normal for creditors.

Judgment Enforcement 79

Judgment Enforcement Judgment Credit Management Debtor 79

CICM

JULY 14, 2023

It can be in cases where you know the debtor has funds and the threat of insolvency is likely to make them respond. However, if the Statutory Demand does not prompt payment and you proceed to insolvency, you may not recover your full debt if you are an unsecured creditor. which secures repayment of the debt when the asset is sold.

Unsecured Creditor 52

Unsecured Creditor Credit Management Collection Agencies Collections Agency 52

Credit Management Company

AUGUST 9, 2022

The full name of the creditor. A statement that if the consumer notifies the debt collector in writing within the 30-day period that the debt, or a portion of the debt, is disputed, the debt collector will obtain proof of the debt of a copy of the judgment against the consumer.

Debt collector 52

Debt collector Debtor Fair Debt Collection Original Creditor 52

The McHughes Law Firm

JUNE 22, 2016

It is a prudent credit manager that attempts to obtain personal guarantees from the principals of an incorporated entity to which credit is being extended. Therefore, when drafting a personal guarantee, a creditor should specify that the guarantee is one of payment. Lubitz, Esq., When Should the Guarantee be Obtained?

Commercial Collection 40

Commercial Collection Collections Creditors Credit Management 40

FDCPA Defense

NOVEMBER 11, 2014

Section 1692g of the FDCPA says collectors must provide notice to consumers within five days of the initial communication regarding the debt, stating the amount of the debt, the name of the current creditor, and explaining the consumer’s right to dispute the debt and to obtain verification. See 15 U.S.C. 1692g(a)(1), (2). 1692g(a)(4).

Debt collector 40

Debt collector Debtor Creditors Original Creditor 40

Jimerson Firm

JULY 30, 2020

Goldome Realty Credit Corp., 1st DCA 1992) (providing that where the borrower filed for bankruptcy after a default judgment of foreclosure, the lender was able to sever its claim for enforcement of the personal guaranty and pursue the personal guarantor). See, e.g. , Guirlinger v. 2d 1135, 1136 (Fla. This prevents a double recovery.

Lender 98

Lender Loans Foreclosure Judgment 98