Do I Need to Pay my Contingency Fee NY Lawyer if I Replace Them?

Thinking about replacing your lawyer with someone else because you are unhappy with the results thus far on your NY debt collection case?  Worried that replacing your current NY contingency fee debt collection lawyer with another will impact your bottom line? That any recovery on the claim would be further reduced because you will be required to pay fees to the outgoing NY contingency fee debt collection attorney as well as the incoming lawyer?

The Engagement was Clear NO COLLECTION, NO FEE

The terms were very clear when the NY contingency fee debt collection lawyer took on your claim. No recovery, collection of monies, no fee. The lawyer agreed. You both signed an engagement letter, a binding contract, that the claim was to be handled on a contingency fee arrangement.

For whatever reasons, you are unhappy with the current lawyer handling your debt collection claim. Perhaps the case has taken a lot longer than expected.  The result is that as of now no monies have been collected. You are considering replacing your current NY debt collection contingency fee lawyer with another. Continue reading “Do I Need to Pay my Contingency Fee NY Lawyer if I Replace Them?”

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I Want My Judgment to Become a Lien on Property in New York.

Do you have an out of state Judgment or a Judgment that was entered in New York? If so, you will want to lien property owned by a Judgment debtor. This article addresses how your Judgment can become a lien on property in New York.

Putting a lien on property belonging to your Judgment debtor is one of the best tools to help get you paid. Do not miss the opportunity to lien property.

Since New York does not have a statewide lien, a Judgment is not necessarily an automatic lien on property in New York. Deliberate steps must be taken for your Judgment to become a lien. Continue reading “I Want My Judgment to Become a Lien on Property in New York.”

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Who Pays the NY City Marshal to Collect Your Judgment?

Who Pays the NY City Marshal to Collect Your Judgment? Related image

The whole idea behind chasing bad debt is to cut your losses. Spending additional monies or legal fees to collect bad debt is often compared to throwing good money after bad. Although your collection attorney may be working on a contingency fee, you may need to enlist the services of the City Marshal to collect your judgment. If that’s the case, who pays the NY City Marshal to collect your judgment?

If there is a fee associated with using a City Marshal, why use them?

Marshals are independent business owners like you and I with an eye towards the bottom line. The Marshal’s income depends upon developing profitable business, performing the work and getting paid (monies owed you plus their fees). Thus the Marshal is “incentivized” to collect. Continue reading “Who Pays the NY City Marshal to Collect Your Judgment?”

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