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Dudley Resources – Your Funding Source for Debtor Payments and Settlements

Collection Industry News

Our comprehensive services cater to businesses dealing with debtor companies or surplus inventory. Case Study: Machinery and Equipment Liquidation At Dudley Resources, we understand the urgency businesses face when dealing with debtor companies and the need for rapid machinery and equipment liquidation.

Debtor 40
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Average Recovery Rate of a Collection Agency

Nexa Collect

Debtors are less likely to pay when they feel threatened. Their debt collectors must be located in multiple time zones in order to work with debtors nationwide. Quality of your own debt: If you primarily serve a lower income group, or if your state debt laws are favorable for debtors, then the recovery rate will be lower.

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Bankruptcy Court Won’t Dabble in Case Concerning a Marijuana Business

PBWT

“[E]nsnared between his involvement in a business that is legal under the laws of Arizona but illegal under federal law,” one debtor’s chapter 13 petition was recently dismissed due to his undisputed violations of the Controlled Substances Act. ” Facing significant debt, Mayer filed a chapter 13 petition in the U.S.

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Will Your Non-Paying Customer Give Up Possession of Goods Not Paid For?

FFGN COLLECT NY

The debtor bought 45 truckloads of furniture from now-defunct restaurants and hired our client to pick up, move, and store the goods. The client performed their portion and then the debtor stopped paying. And, if the debtor was not paying , they might be able to sell the goods and artwork for far more than they were owed.

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Releases: How Did We Get Here and What is Next?

PBWT

As a result of Purdue Pharma’s proposed plan of reorganization, and the ongoing opioid epidemic that continues to grip the nation, the debate over non-consensual third-party releases has gone mainstream despite being a popular tool for debtors for decades. In that case, the plan provides for a $2.7 20-10343, ECF No. 9114 at ¶ 206.

Debtor 65
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Regulatory Exception to Automatic Stay Allows Court to Hear Antitrust Case

ABI

John’s University School of Law American Bankruptcy Institute Law Review Staff Endo Pharmaceuticals (“Endo”) develops, manufactures, markets, and distributes prescription pharmaceutical products. 22] The automatic stay is broad, and it generally enjoins all litigation against a debtor. [23] Kathleen Gatti St.

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Undisputed Facts in Your Debt Collection Case? Think Summary Judgment.

FFGN COLLECT NY

Whether the defenses raised by the debtor are valid or not, a debtor defending a debt collection case can delay collection. A debtor can buy themselves time just by filing an answer to the summons and complaint. The debtor’s defenses were general in nature. Facts can be undisputed by way of the debtor’s conduct.