Yes, of course. In fact, the bankruptcy trustee can engage a debt collection attorney and their firm to handle collection of the bad debt. Because of a collection attorney’s favorable fee arrangement
How do you know if you are recovering all that you can on your commercial debt collection claims? The answer is unless you are collecting 100 cents on every dollar placed plus interest and return of advanced costs you probably do not know. One way to find out if you
It has been brought to our attention that consumers are receiving emails from a separate entity referencing a fake Court date and our firm’s name. More specifically the emails state that the consumer owes a specific amount and must either report to a New York Court on a specified date (usually only
Your customer failed to pay the balance owed. Is the remedy debtors’ prison? In many states debtors’ prisons are a reality, not just something we read about in history books.
Remember the older debt that you couldn’t sue on because the time in which you could have brought legal action (the statute of limitations) had passed? For purposes of New York Debt Collection Litigation, payment can extend the life of the debt. If your customer made an on-account payment, you
If you are an individual and owe the IRS over $10,000.00 in back taxes,
Top 10 reasons why it takes so long to get paid on commercial debt collection: 1. The debtor led you to believe you were going to get paid so you held on to the claim, 2. The claim appeared collectable, but you decided not to pursue suit,
We are proud to announce to our FFGN readers that we have received recognition as debt collection attorneys. FFGN is thankful to have been named a finalist for the
The word on the streets of New York and Korea was that our client’s customer was notoriously slow to pay their vendors. Our client, a Korean manufacturing company, was owed $429,000.00 and did not want to wait to be paid. They contacted our New York business debt collection law firm
Webster and debt collection lawyers define “CUSTOMER” as “one that purchases a commodity or service.” “PURCHASE” is defined as “acquire (something) by paying for it.”