As a New York commercial debt collection attorney, my clients ask how often they should run a bad debt aging report (an accounts receivable aging). If the client is selling on terms the answer is often, very often, perhaps even daily. The client should be aware of the amount owed
What is a debt collection attorney? Debt collection attorneys aka debt collection lawyers are commercial litigation attorneys. They litigate, take legal action on cases. Abraham Lincoln, our 16th President, was a collection attorney. As in President Lincoln’s day, collection attorneys handle breach of contract cases. Parties agree to provide goods
Implementing change can make a difference in your bottom line. The change need not be drastic. Is it true? Yes, in my experience, as a debt collection attorney, small changes can have a large impact.
You thought you were going to be paid when your customer received a debt collection lawyer’s letter. They didn’t pay. What do you do now? How do you increase your odds of getting paid? Pursue the lawsuit.
Out of state creditors can effectively litigate debt collection claims in New York State. The creditors need to be aware of specific legal issues that could arise when an out of state creditor litigates a claim in the New York Courts. An experienced New York debt collection litigation attorney is
How can you maximize your chances of getting paid? A New York commercial debt collections attorney can help you. Include these three elements, the “three c’s”, in your business processes to increase the likelihood of getting paid:
On April 23, 2013, the New York State General Assembly passed a bill titled the Consumer Credit Fairness Act which introduced new requirements for debt collection litigation in New York against consumers.
You have fond memories of doing business with your client on various projects, filling the pipeline and getting paid. You never thought about needing a NYC debt collection litigation attorney. Today however, the client pays you on some jobs and not on others. The unpaid balance for this former dream
You recovered a judgment in your State with the help of your debt collection attorney. It turns out that the judgment-debtor has assets in New York. In order to attach the judgment-debtor’s assets in New York the judgment must be registered. How do you do it? The procedure for domesticating
The hope is the debt collection lawyer will send a letter, email or call, obtain immediate payment and return payment in full to the client within 45-60 days. That’s the dream of clients and collection law firms alike. Sometimes dreams come true. Most often, however, to reach your goal of