Convert Judgments from Federal to NY State

Photo of the Supreme Courthouse.Yes, it is possible. You can convert judgments from Federal to NY State. If you researched New York’s policy of recognizing judgments obtained in other states or countries as an out-of-state attorney, you might be concerned. That’s because you discovered that New York State does not recognize judgments obtained on default or by consent. Be that as it may, don’t worry. Regardless of that fact, a Federal court judgment easily converts to a NY State judgment.

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Fear of Enforcing Your Rights to Payment Can Put You Out of Business

Sign that reads "going out of business."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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What are the Costs to Sue On Your NYC Commercial Debt Collections Claim?

NYC Commercial Debt CollectionsWhen 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?”

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Choosing the Right Court for Your NY Commercial Debt Collections Case

NY Commercial Debt Collections

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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