By choosing to enlist the help of a debt collection law firm you can take advantage of a number of different debt collection options to assist in the collection of monies owed to you. Understanding the options available to you and your tolerance for risk will allow you to make a
Is it possible to protect your company from extreme events out of your control like COVID-19? If your contracts and agreements have a force majeure clause it may be possible. For the purpose of illustration, let’s use the example of a private school operating in New York during the pandemic.
Some creditors voluntarily decide to participate in mediation for debt collection. For others, mediation may be mandatory based on the terms of the underlying agreement between the parties or ordered by the court. As such, it’s important to understand how non-binding mediation can affect your overall debt collection case. One
You have taken the steps necessary to domesticate an out-of-state or foreign country judgment in New York and are ready to start restraining assets to satisfy the judgment. Before you make your next move, there is a step our firm recommends taking before you execute on a domesticated judgment in
It’s important you verify the information contained in a debt collection affidavit before you sign it. An affidavit is sworn testimony used to support your debt collection case. As with any signed document, you are “charged” with having read it and if it’s untrue, you run the risk of perjury
Many of us accumulate things; more than most of us city dwellers can store in our New York City apartments, and so, we store them in storage facilities around town. Storage is a big business, especially in New York. Whether you have goods in storage or work in the storage
Testimony in debt collection actions may be made verbally or in writing by way of an affidavit, a sworn statement, or affirmation. In the past, affidavits for debt collection purposes typically required traveling to a notary, however, virtual notary services now remove the need to leave your home. Remote Notarization
Like everyone, the courts have had to adjust to the challenges of the COVID pandemic. If you have a debt collection case pending in the NY State Courts, you may be curious about virtual court options and what to expect at this point in the pandemic. In his latest report
A lot of people think if they ignore a debt collection letter, then it might just go away. Sometimes, it’s true. Some creditors may walk away if you do not respond to multiple demand letters. But, there is a chance they may not. Some creditors take a financial approach to
Working with managing agents in New York? Here are some debt collection tips for when it comes to working with managing agents. Many of the buildings in New York are managed by an outside agent known as a managing agent. The managing agent receives a management fee in return for