Collections Law

APRIL 7, 2023

If you have a judgment against a Massachusetts commercial debtor, it may surprise you to learn that the courts don’t unilaterally enforce judgments. It’s even more maddening when your debtor continues to operate, paying bills, ordering new things, and collecting on the debts owed to them. Can I go after that money? Cohen LLC.

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Collections Law

APRIL 9, 2021

You’ve won your case in court, and your debtor needs to make the necessary payments to resolve the outstanding debt. Very often your initial attorney who obviously excels at winning the case for you does not know the ins and outs of debt recovery or post-judgment collection. But it rarely is that easy.

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Collections Law

OCTOBER 5, 2020

For companies dealing with other business entities, debt recovery for services rendered can prove a difficult task. Throughout the debt recovery process, you may be tempted to take the path of least resistance and try to either put the situation behind you or turn to a collections agency. Cohen LLC. . Sheriff Sales.

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Collections Law

JULY 1, 2020

Have you lost all hope of recovering a long-overdue debt? You’ve tried everything in your power, but the debtor doesn’t respond or keeps making excuses to buy more time. You might be preparing to write off these dues as bad debts — but there is still light at the end of the tunnel. Why Hire a Collections Attorney?

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Collections Law

JUNE 14, 2023

If you have obtained a judgment in your state only to learn the debtor no longer has any assets there, you can look to assets they have in other states, such as Massachusetts. We file those with the court clerk, who then notifies the debtor. Collection agencies can’t do any of this. Can you help?

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Collections Law

OCTOBER 5, 2020

Hiring the debt recovery collection attorneys at the Law Offices of Alan M. Cohen LLC is the answer to one of the most challenging aspects of running a business — tracking down delinquent debtors who refuse to pay. They know how to use them to get aid in your debt recovery efforts. The Law Offices of Alan M.

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Collections Law

APRIL 9, 2021

You’ve won your case in court, and your debtor needs to make the necessary payments to resolve the outstanding debt. Very often your initial attorney who obviously excels at winning the case for you does not know the ins and outs of debt recovery or post-judgment collection. But it rarely is that easy.

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Nexa Collect

AUGUST 8, 2020

None of these situations are amenable to fast debt recovery. Companies will generally try to collect on their outstanding accounts internally before passing their most egregious cases on to an external debt collection agency. Collection agencies are experts in debt recovery. But how wise is this? Absolutely.

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Nexa Collect

JULY 28, 2020

None of these situations are amenable to fast debt recovery. Companies will generally try to collect on their outstanding accounts internally before passing their most egregious cases on to an external debt collection agency. Collection agencies are experts in debt recovery. But how wise is this? Absolutely.

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Debt Recoveries

SEPTEMBER 19, 2022

We,here at Debt Recoveries Australia, are getting a lot of questions from companies who want to start legal proceedings but don’t know how? This is why our partner, ADC Legal Litigation Lawyers, is recommended, a “one-stop shop” for debt recovery and litigation in Australia. .

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Debt Recoveries

APRIL 16, 2023

A lot of clients in need of debt collection assistance could be undecided about using commision-based debt collection or legal action. A debt collector and lawyer who focuses on debt collection advises clients to pursue payment of their obligations as soon as possible since the longer they wait, the more difficult it will be to do so.

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Collections Law

APRIL 2, 2024

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. Cohen & Associates LLC, our experienced, relentless and innovative commercial debt collection attorneys have over 50 years of collective experience. At Law Offices of Alan M.

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Collections Law

MARCH 19, 2024

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. Cohen & Associates LLC, our experienced, relentless and innovative commercial debt collection attorneys have over 50 years of collective experience. At Law Offices of Alan M.

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Debt Recoveries

APRIL 14, 2020

Whilst the world deals with the COVID-19 pandemic and the financial flow on effects, it will be of particular importance to understand a debtors financial position and. The key to any successful recovery, especially one via arrangement is to work with the debtor, not against them. Start negotiations. . Then work down from there.

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Taurus Collect

FEBRUARY 1, 2024

Whether you’re on the receiving end of a collection action or considering employing such services, understanding the mechanisms at play can help in navigating the often complex world of debt recovery. They are responsible for pursuing the repayment of debts on behalf of creditors.

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Collections Law

APRIL 25, 2023

Did you know that collection agencies can’t force business debtors to pay? They can only contact the debtor again and again in an effort to persuade them to pay. Even worse, it may persuade the debtor to move the money out of your reach. Only a lawyer can do what is necessary to force payment. Worse, it doesn’t work.

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Debt Recoveries

SEPTEMBER 30, 2020

Don’t wait to take action on a debt. The longer a debt remains unpaid the less likely you are to collect. Don’t wait until after your debtor has breached their promise to pay. Call your debtors a few days prior to the due date and confirm they have received your invoice or letter of demand and that they have your bank details.

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FFGN COLLECT NY

DECEMBER 12, 2023

It is challenging to balance these factors for creditors who collect payments from debtors. As such, many creditors hire debt collection attorneys to ensure they comply with existing ethical and legal standards. What Do Debt Collection Attorneys Do? Implementing tailored approaches to debt recovery.

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Debt Recoveries

APRIL 28, 2020

Recently we have been focussing on how to reduce your credit risks, promote cash flow deal with debtors during the COVID-19 crisis. However it remains a possibility that with some debtors, legal action may be the only the only course of action to secure your recovery. If the debtor pays the money owed, then congratulations!

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Taurus Collect

JANUARY 10, 2024

Understanding Commercial Debt Collection Laws in the UK In the UK, the process of commercial debt collection is regulated by several sets of laws and guidelines. The key objective of these rules is to ensure fair play between the creditor and the debtor, preventing any kind of harassment without compromising the debt recovery process.

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Nexa Collect

FEBRUARY 3, 2022

They must know how to recover the debt diplomatically instead of forcefully. Debtors are less likely to pay when they feel threatened. Since all collection calls are recorded, it is important for the management/supervisor to randomly examine at least a few collection calls daily and discuss shortcomings with their debt collectors.

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Nexa Collect

MAY 23, 2022

A debt collection agency will almost always allow you to make payments in installments. Should a borrower/debtor go for it or not? You will likely strike a deal to settle the debt for a lower amount (keep insisting). They would rather accept a lower amount ( like a 10% or a 20% lower settlement) than linger a debt for months.

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Collections Law

FEBRUARY 12, 2021

As a business owner, knowing the appropriate action that you can take to deal with out of state delinquent debtors is essential to the bottom line. The first step should be finding someone who can be in your corner and fight to collect your bad debts until they either collect the bad debt or no one else can.

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Debt Recoveries

MAY 29, 2022

Only if the debt is greater than $5,000.00 and the debtor or company has assets to satisfy the debt would Debt Recoveries Australia propose legal action. We refer the situation to our legal team at ADC Legal Litigation Lawyers if we are satisfied that the criteria for legal action have been met. .

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Collection Industry News

SEPTEMBER 8, 2020

Entities are performing debt collection activities. Debt collection means requiring debtors to pay creditors outstanding due or overdue amount or property as obligated by a contract or by a decision of a competent State’s authority. In addition to debt collectors operating under Decree No. of these people.

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Debt RR

AUGUST 27, 2021

With the help of an experienced collections attorney, serving legal papers on a debtor can be the first step to collecting the money you’re owed. Process service is often the first step in notifying a debtor that a legal action has been filed in court. Provides Legal Confirmation That a Debtor Received Notice of a Lawsuit.

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Debt Recoveries

JUNE 1, 2021

Unless you are actually a debt collection expert like Debt Recoveries Australia , there is a good chance that you have quite a few higher priorities than managing your company’s accounts receivable. You might even delegate that task out to an assistant or employee without much thought to collect debts fast.

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Collections Law

JULY 29, 2021

The initial step to commercial debt collection is long before you send your debtor to collection. Relying on handshakes and oral promises may feel more natural but in commercial debt collection, it is extremely helpful to have good paperwork. A default establishes that the commercial debtor owes you monies, but not how much.

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Collections Law

DECEMBER 5, 2019

Trying to collect on your foreign judgment can sometimes appear a futile effort with unfamiliar road blocks seeming to protect the judgment debtors. Cohen LLC apart from other collections lawyers is how we work with our clients. We want to see you collect on your bad debt, and will fight tooth and nail for you for as long as it takes.

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Collections Law

AUGUST 11, 2020

Whether you operate in or outside Massachusetts, if your customer to whom you had provided goods or rendered services on credit is located in Massachusetts and is not paying off your debt, then get in touch with our experienced and aggressive debt collection lawyer, Alan M. Cohen, today. With us, the Law Offices of Alan M.

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Debt Recoveries

NOVEMBER 13, 2020

Hi, my name is Adam Stewart, Debt Collection Professional and owner of Debt Recoveries Australia and ADC Legal-Litigation Lawyers. Personal guarantees are the holy grail of debt recovery tools as it makes a certain party liable for the outstanding debt, even if the company or entity has become insolvent.

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Taurus Collect

DECEMBER 30, 2022

It can be intimidating for many people to deal with debtors or collectors. Therefore, we recommend you hire a third party, like a financial advisor or lawyer, to help with the debt settlement. Make sure to get an estimate about the cost of hiring them to avoid overburdening yourself with more debts.

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Debt Recoveries

JUNE 26, 2022

As an agent for the insurance company, we initiate initial contact with the debtor in a courteous manner. They can give debtors and other stakeholders with timely responses. The majority of respectable insurance recovery firms will have their own legal department. Using the Services of a Debt Collector .

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Taurus Collect

JANUARY 24, 2023

These companies typically employ several tactics in order to recover debt, including phone calls, emails, letters, and even legal action. For many debtors, their primary contact with collectors will be through phone conversations. Send your concerns to enquiries@tauruscollections.com. Connect on Facebook , Instagram , and Twitter.

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Collections Law

APRIL 1, 2020

Collecting debts from debtors having assets in Massachusetts while you are in another state or a different country used to be difficult, even if you had a judgment against them. If you are in another state or country and have obtained a judgment against a Massachusetts debtor, or if your debtor has assets in Massachusetts, we can help.

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PDC Flow

JANUARY 29, 2024

Because a debt settlement campaign offers to reduce the amount of debt owed (sometimes by as much as 50 percent), you should not consider this process until after your usual collection strategies have been exhausted. Protecting Your Agency As with any communication with debtors, you must be cautious of what you say and how you say it.

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UK debt collections

OCTOBER 29, 2020

The Debt Recovery Action relates to their alleged failure to honour a deal that has left him facing imprisonment in Dubai. Mr Arnold was arrested this week in Dubai on charges of ‘unpaid debts’ which he blames on the failure of Saudi royals to keep their part of a legally-binding deal.

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