An issue that comes up time and time again in debt collection settlements is whether parties can continue doing business together even though the creditor has placed the account for collection. If so, can a settlement agreement anticipate and include future deals? It happens more often than you would think.
Business owners might think if the work done by an independent contractor or vendor was insufficient, they can issue a stop payment order on the check with their bank as a solution. While business owners may think issuing a stop payment only hurts the contractor, third-parties may also suffer unintended
If your attempts to collect monies from your non-paying client haven’t been fruitful, you may look to hire a debt collection lawyer. A big factor in that decision making is often cost. How much will it cost to recover monies owed? To determine the cost, you need to understand how
You won your debt collection case. Now your non-paying customer says they are going to appeal the order of the court awarding your judgment. Is this just a tactic to further delay payment? Will their appeal prevent you from collecting your judgment? Whether an appeal will delay the enforcement of
As with any service provider, scammers are out there — and debt collectors aren’t exempt from being targeted. In our case, The “prospective client” found us online, how many clients find us, perhaps as the result of researching a topic and finding one of our 320 articles through Google. The prospective
Want to place a claim for collection with NY debt collection attorneys FFGN? Here are some suggested steps to make the process smooth for you and ensure the best results.
The scenario: You’ve been served with an income execution by the Sheriff or City Marshall to withhold wages from your employee’s paycheck for a debt owed. Other than more paperwork, what else could it mean for you and your business? Understanding your responsibility as an employer is essential if you
Unclaimed funds, consider them to satisfy your NY debt collection claim. Voluntary payment is not happening and you want your money. Generally to get paid money owed, you must obtain a judgment. The next step is to locate assets to satisfy the judgment. One way of satisfying a judgment is
Is there value in an old-fashioned sit-down with your nonpaying client? You caught the client’s attention and now they would like to meet. Should you? Is it worth your time? Could it lead to a resolution? Seems that the client now wants to discuss the claim and have asked for
You and your lawyer could open yourselves up to lawsuits if you provide certain information when submitting your debt collection case to the courts. There is information to hide in your submission to the court. You must be mindful of and adhere to the privacy laws. Providing CPI (confidential private