Jocelyn Nager, Esq., President of Frank, Frank, Goldstein & Nager, P.C. a certified WBE company, Highly Commended by CCR (Credit Collections & Risk) at the Credit Excellence Awards in 2013, has been chosen to speak about practical and procedural aspects of judgment enforcement. She will be speaking at the New York State Bar Association
Demand for payment from your customer can be made from anywhere in the world. But what happens when your customer refuses to make a deal with the collection firm to pay the balance owed on your commercial claim and you need to sue? Suing in New York is beneficial to the creditor.
The New York Civil Court has proposed significant changes affecting debt collection litigation in consumer cases. In an attempt to put consumers on equal footing, offering them additional protection, Chief Judge Jonathan Lippman has proposed reforms affecting the over 100,000 consumer claims filed annually, half of which result in default judgments.
The question most often asked by creditors is “How do I make sure I have the best chance to collect accounts receivable?” My answer is always the same, “In order to maximize recovery, you need to employ ‘preventative collections.’” ** “Preventative collections,” a term coined by FFGN, is a three part
Jocelyn Nager, Esq., President of Frank, Frank, Goldstein & Nager, P.C., a certified WBE company, past winner of the Dena Coye Women’s Entrepreneurship Award presented by the National Minority Business Council (NMBC), has been chosen to speak about debt collection. She will be speaking at the NMBC Second Annual Executive Management Program on May
The number of homes going into foreclosure is decreasing. The number of people able to pay their home loans timely has increased.
As diligent business owners you review your accounts receivable aging report monthly, weekly or daily. You know how much is owed at any given moment by a quick read of the report. Altering the current report or designing a report to meet certain criteria can reveal critical information about your
Negotiating specific terms of an agreement is necessary before doing business. Make sure it’s in writing. All parties need to be able to refer to the what, when and where. When is payment expected? Prior to shipping the goods? Or after shipment?
Before placing a claim with our office to pursue commercial debt collection, our client had offered their non-paying customer a discount. The discount of $7,500.00 was offered to induce the non-paying customer to pay. Our client went so far as to hand write a credit of $7,500.00 on the customer’s
A few months ago we learned our managing partner’s name and firm name were being used without permission by unsavory debt collectors. Our identity was being used to extort money from consumers. Harassing letters referencing fake Court dates, threats of incarceration and confiscation of personal property were being sent by email