Want to win your New York debt collection case? Ask your non-paying customer to sign a promissory note. If your customer says they’ll pay the debt, having them sign a promissory note confirming this commitment can help you prove they owe you money should legal action be pursued.
Want to know if debt collection calls really pay off? Ask the Internal Revenue Service. The IRS often contracts debt collection firms to collect from debtors. Collection firms are allowed to make demands by letter but not over the phone. The IRS thought phone calls would confuse taxpayers — not knowing
Having navigated the commercial debt collection process for over 80 years, we are always learning how to improve and get a better rate of return on our calls. Experience has taught us that it’s important to have processes and procedures in place in order for success. In this discussion, we’ll
The scenario: You’ve been served with an income execution by the Sheriff or City Marshall to withhold wages from your employee’s paycheck for a debt owed. Other than more paperwork, what else could it mean for you and your business? Understanding your responsibility as an employer is essential if you
By Jocelyn Nager Finding the right New York debt collection lawyer to handle your claim will prevent you from throwing good money after bad and will mean the difference between getting paid and not getting paid. Whether you found your New York collection lawyer as the result of a google
Using an installment payment order for New York debt collection can be effective when your borrower avoids paying the debt by manipulating their salary or reaching the 25% limit of what legally can be garnished from wages in New York state. Individuals can intentionally stall your efforts to collect. They
Can you register a foreign judgment in NY? Fortunately, the answer is a resounding yes! After obtaining a judgment in federal court, you can register the judgment in NY’s state court. And you should. Let’s talk about why you should. Attorneys and their clients love to leverage the element of
Unclaimed funds, consider them to satisfy your NY debt collection claim. Voluntary payment is not happening and you want your money. Generally to get paid money owed, you must obtain a judgment. The next step is to locate assets to satisfy the judgment. One way of satisfying a judgment is
Debt collection agent or write off a bad debt, which is the way to go? Read on for help in preparing for the decision. The end of the year is approaching with tax season just around the corner. Your tax professional will soon ask for a list of your accounts receivable.
New York debt collection claim practices have been in the news. There’s been publicity recently about debt collection practices of the merchant cash-advance industry. It can shed light on how to avoid legal disputes in your debt collection claim. It doesn’t matter whether it’s money loaned, services rendered, or goods