New York debt collection claim practices have been in the news. There’s been publicity recently about debt collection practices of the merchant cash-advance industry. It can shed light on how to avoid legal disputes in your debt collection claim. It doesn’t matter whether it’s money loaned, services rendered, or goods
Your customer didn’t pay. Because your contract required you to go to arbitration, you did. The arbitration was held and you won your case. Award was rendered in your favor for the full principal balance due together with costs and interest. A copy of the arbitration award was mailed to the customer but you still haven’t been paid. Can you now go ahead, enforce
The number of homes going into foreclosure is decreasing. The number of people able to pay their home loans timely has increased.
The invoice was marked “paid” when your customer paid the balance by credit card. Why then, six months later, are you asking your NY collection attorney: why the amount of the payment is being reversed by the credit card company? What dispute? The customer was satisfied with the goods and services and paid