How do you determine how many people are needed to staff your collection department in order to achieve maximum recovery on receivables? Some may use the number of receivables as a guide, others, concentration using the 80/20 rule.
Collecting Commercial bad debt in the United States is a maze of rules established by each state. The U.S. is comprised of 50 states. Each state having its own judicial system, governmental structure and laws. This is quite the opposite and is unlike the Federal Courts in the United States. All
There are times in New York City debt collection litigation when a case can be won without going to trial. Doing so saves substantial time and money. Not only can you win a judgment but you can also increase your chance of collection. The facts of your case, including the
Limiting exposure to predictable non-payors is the best way to prevent uncollectable bad debt. Jocelyn Nager and her firm Frank, Frank, Goldstein & Nager P.C., New York Debt Collection Attorneys, have been quoted time and time again advising clients to avoid bad debt by predicting the non-payors. The most recent
What do you do when your contract has compulsory arbitration as a fee dispute provision? Arbitration would be the next logical step. Consider the following scenario that happened this week to one of our specialty chemical manufacturers.
Notice advising a non-paying client of their failure to pay may be required before a party can proceed to enforce their rights to get paid. Last week we wrote about the failure to provide notice and its impact upon New York debt collection. Here is an example how the government
Many contracts require that the non-paying or non-performing party be given notice of their default. The agreement would further provide a set time frame in which the party has to cure their default, how the notice should be given; in writing, by email, fax, to whose attention, and the manner
Jocelyn Nager, an industry leader in the field of debt collection and commercial litigation was a guest speaker at the New York State Bar Association. Watch and Learn about Debt collections and the Enforcement of Money Judgment.
Winning your New York debt collection case may hinge on your company’s record keeping abilities. In order to succeed and win your case you must prove
Are you being pursued for monies allegedly owed in a New York debt collection case? Your best line of defense is to contact and hire a New York City debt collection attorney. A collection attorney that’s practice is devoted exclusively on the bad debt that is.