Commercial Debt Collection: Top 10 Reasons It Takes So Long To Get Paid

Commercial Debt Collection

Top 10 reasons why it takes so long to get paid on commercial debt collection:

1. The debtor led you to believe you were going to get paid so you held on to the claim,

2. The claim appeared collectable, but you decided not to pursue suit, Continue reading “Commercial Debt Collection: Top 10 Reasons It Takes So Long To Get Paid”

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New York Commercial Debt Collection: Check Marked “Paid In Full.” Can You Successfully Collect The Balance?

New York Commercial Debt Collection: Check Marked "Paid In Full." Can You Successfully Collect The Balance?You received payment from your customer for less than the full amount due and you are wondering if you can pursue a New York commercial debt collection claim against them.  The customer clearly intends for the “on account” payment to represent “payment or settlement in full.” Can you accept the “on account” payment earmarked settlement in full and still pursue the customer for the balance?

Continue reading “New York Commercial Debt Collection: Check Marked “Paid In Full.” Can You Successfully Collect The Balance?”

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