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
At year end you took an inventory of your receivables and decided to carry some on your books. Now ninety (90) days later, some of these unpaid receivables are still uncollected.
Your NYC debt collection lawyer can tell you, your accounts receivable make up a large portion of your business assets. When receivables are not collected timely the result is tight or no cash flow in your business. You are forced to look for the money elsewhere. You need to borrow
One of your greatest concerns is knowing that your case will receive the time and dedication it deserves. How do you know your debt collection attorney is working on your case and not letting it sit, costing you money? The answer is your familiarity with the collection process.
The relationship is profitable and your customer wants to continue to buy from you. You would like to continue the relationship but the account is paying a bit too slow for your liking. How can you continue to do business with the slow paying customer and protect your business if
Hats off to my daughters’ dentist’s office. When we are finished, Sheri at the front desk asks if I would like to pay by Amex or Visa as she is scheduling the next appointment. One time, I asked to pay 1/3 on the spot and the balance over the next
One of the hardest things to swallow when getting paid from a non-paying client that you collect from is the reality that usually you have to pay the legal fees to actually collect your money. When is it most likely your delinquent customer will pay the legal fees?