How long will it take for you to collect my money?
My answer is: that I can tell you based upon statistics the percentage of cases that are paid in the demand, mediation, litigation, arbitration and judgment enforcement phases.
Your non-paying customers’ financial ability to pay, their inclination to pay, the documentation you have to evidence your transaction varies directly affects when we can collect your money. Every case is unique.
Continue reading “New York Debt Collection Lawyer: How Long Will It Take for You to Collect My Money?”
There are times when your client isn’t paying others besides you. Wouldn’t it be great to join forces with the other party by taking an assignment of their claim, or assigning yours to them? A united force through debt assignment to pursue a delinquent customer has both risks and rewards. Continue reading “Debt Assignment: Joining Forces With Others To Collect”
Your ability to collect monies from a non-paying client in a New York Debt Collection case is most often limited by your very own contract.
The ability to collect monies owed from the customer (damages) due to their non-performance: their failure to act i.e. pay is often dictated by the clauses in your contract. Along with the monies owed on the transaction(s) in question, referred to as direct damages, there are other damages suffered as a result of non-payment, referred to as consequential damages that you may be entitled to. Continue reading “You Can Collect Damages in Your New York Debt Collection Claim”
Yes, you will need to have a good case proving all elements of a breach of contract case. You will be required to prove that you performed under the terms of the contract and your customer failed to pay or repay you as agreed.
But just having a good case is not enough. After going through the collection process, demand, litigation or arbitration, mediation as your agreement provides, you still need to collect.
In order to be successful in your New York Debt Collection case you need to be able to Continue reading “New York Commercial Debt Collection: When Having a Good Case is Just Not Enough”