There are lots of malicious actors lurking around the internet looking to defraud people and businesses alike. One of the best ways to protect your business from a debt collection scam is to put practices in place that protect you and your clients. Imagine your company has a customer that
Thinking of using your business line of credit to get you through the next month or two of the coronavirus shutdown? Here are some things for you to consider. Banks generally look for cash-rich businesses, especially in an economic downturn. That is not to say loans are not available. However,
All of us have been affected by the impact the coronavirus pandemic has had on daily life. Most of us who work in non-essential jobs have been directed to stay home pursuant to the governor’s executive order. How then, during the coronavirus pandemic, can you get documents notarized so that
Earlier in March, due to the coronavirus outbreak, New York’s civil, district and supreme courts were closed to the general public. As of right now, the courts are still closed. The courts are no longer accepting any papers for filing, including filing any new cases requiring litigation, motion papers, discovery
No doubt you have already felt the effect of coronavirus on your business. As the virus spreads across the U.S., things are coming to a quick slowdown. Understanding how the coronavirus outbreak will affect your debt collection claims will help manage your expectations of recovery. How the Coronavirus Outbreak Will
The importance of giving credit for payments made can not be overemphasized when it comes to debt collection. The improper allocation of credits and payments will directly affect your claim and recovery. Failing to give credit for payments when credits are due will extend the life of your debt collection
Citing persistent abuse and a lack of state oversight, New York Governor Andrew Cuomo introduced an initiative requiring debt collection firms to become licensed with the state. A first for collection agencies operating in New York, the proposed legislation will mean more licensing for debt collection lawyers. Each state has
Don’t forget to double-check to see if the address on file with the New York Department of State for your company is correct. An incorrect address can lead to a default judgment. If your address is incorrect, you won’t receive notice of a pending lawsuit. That lack of notice can
After improving the value of real estate and not getting paid, you filed a mechanics lien. Because you believed you were entitled to more, you filed the exaggerated mechanics lien for more than owed to you under the contract. Due to this additional amount, the lien is now “exaggerated.” According
It may have been almost 20 years since you sued and entered your New York debt collection judgment, but you haven’t collected any monies. Since the judgment is set to expire, can your New York judgment get an extension past the deadline? New York State judgments are valid for 20