Facing an inquest as part of your debt collection case? Knowing how to prepare for an inquest is crucial if you want to recover the most money in your debt collection case. There are two main components you’ll need to prove in your debt collection case: liability and damages. You
Creditors and debtors alike have been holding their breath waiting to see what New York Governor Andrew Cuomo would do as it relates to civil actions in the state, more specifically debt collection litigation. On November 3, 2020, Governor Cuomo issued an executive order which basically gives litigants a green
An issue that comes up time and time again in debt collection settlements is whether parties can continue doing business together even though the creditor has placed the account for collection. If so, can a settlement agreement anticipate and include future deals? It happens more often than you would think.
After finally collecting the monies owed to you through debt collection litigation, the debtor wants their money back. How is that possible? Doesn’t the money belong to you? Can a debtor really get their money back? Recovering monies owed can be a long and arduous process. First, you have to
Without aid from the federal government, New York state will see budget cuts of 10 billion in 2021 followed by budget cuts of 30 billion in 2022. Some of the anticipated cuts will affect our judicial system. The budget cuts will affect New York debt collection cases. Here’s how. Governor
The joint and several clause appears in almost every legal loan document. Many people sign loan documents and guarantees after a quick glance because they want to make a deal. The issue with signing without reading the underlying documents is that if and when someone seeks to enforce the agreement
Ms. Jocelyn Nager, Esq., the managing partner of Frank, Frank, Goldstein & Nager, has been awarded an AV Preeminent rating by Martindale-Hubbell for 2020. An AV Preeminent rating is the highest possible rating a lawyer can receive. Ratings are determined through a strenuous peer-review process from members of the Bar
You completed your end of the deal but when it came time to pay your customer did not. After repeated invoicing, the customer finally offers to settle the balance due in writing but does not pay. Now that you are enforcing your right to collect and pursuing “legal” options, the
Maybe you already started a New York debt collection case and are waiting for a judgment or are looking to file a new case. With news of court closures, partial staffing, extensions, and a likelihood of an increased infection rate in New York, will you be able to get a
As New York debt collection attorneys, other attorneys and creditors often retain us when domesticating out-of-state judgments in New York. New York draws a large distinction between out-of-state judgments obtained on the merits and those obtained on default. The court does not ask why the creditor seeks domestication in New