It’s hard to know when to stop doing business with a non-paying client and start enforcing your rights to payment. Failure to make the decision can put you out of business.
Smart credit policies protect you from doing business with those least likely to pay. And smart collection policy designs maximize recovery on receivables. But these policies are only effective if you use them. Continue reading “Fear of Enforcing Your Rights to Payment Can Put You Out of Business”
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When starting legal action on your NYC commercial debt collections case, your collection attorney will request you advance costs to cover anticipated disbursements. The amount requested is just enough to cover the costs of filing and service of the summons and complaint, fees, if any, associated with the entry of judgment, and some post judgment enforcement work. Continue reading “What are the Costs to Sue On Your NYC Commercial Debt Collections Claim?”
Choosing the right Court to start your NY commercial debt collections case is of utmost importance. The Court must have jurisdiction over the parties, power to decide the case. So, how do you know where your case should be brought?
Three factors contribute to the decision of where the NY commercial debt collections case must be brought and thus the amount of costs that must be advanced to start the case. Continue reading “Choosing the Right Court for Your NY Commercial Debt Collections Case”
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Your customer’s phony excuses for non-payment have continued. They are now bogus “defenses” in the legal action you had to initiate to get paid. Your non-paying customer is now a defendant. Continue reading “Excuses, Excuses…Defenses in Commercial Debt Collections Claims”
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