Nexa Collect
NOVEMBER 1, 2021
Individuals can be legally forced to pay their debts with their cryptocurrency, but the creditor must have a judgment which states that the debtor is obligated to pay off the debt, including any cryptocurrency they own. Knowing whether or not the debtor owns crypto like bitcoin is of course a challenge.
Taurus Collect
OCTOBER 30, 2023
The advantage of using such an agency is that they have extensive experience and knowledge in debt recovery, allowing businesses to focus on their core operations. Bailiffs: In certain jurisdictions, bailiffs may be employed to seize assets if a debt remains unpaid.
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Taurus Collect
OCTOBER 30, 2023
Understanding the art of debt collection can be a challenging task for any business, especially when the debtor refuses to pay despite many reminders. Welcome to the world of “ No Collection, No Fee Debt Collection ” – a strategy that puts your business first.
Collection Industry News
JUNE 12, 2023
Implementing proper debt collection techniques can help businesses recover outstanding payments while maintaining positive relationships with clients. In this article, we will explore some effective strategies for businesses to improve their debt collection processes and increase their chances of successful debt recovery.
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.
Jimerson Firm
FEBRUARY 10, 2022
Generally, if debtors owe a debt to a lender, and the lender cancels or forgives that debt for less than its full amount, the debtor is treated for income tax purposes as having income and may have to pay tax on this income by virtue of a 1099-C filing from the lender. See Caplinger v. 1099-C Issuance.
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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