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Massachusetts Commercial Debt Collection Blog – Alan Cohen

accelerated rent

Rent Acceleration Clauses Are Enforceable

When drafted properly, rent acceleration clauses are enforceable if a tenant/debtor defaults on a monthly payment and fails to cure its default within a defined period. The law allows businesses to contractually agree to a rent acceleration clause as a liquidated (certain) damages provision.  A liquidated damages clause establishes an amount agreed upon at the … Continue reading Rent Acceleration Clauses Are Enforceable

boston debt collection

Effective Debt Collection in Massachusetts

There are debt collection attorneys, and then there are EFFECTIVE debt collection attorneys. Trust us, there’s a big difference between the two. So how do you find out who is in the “effective” category? See below… An Effective Debt Collection Attorney will…. Immediately File a Lawsuit: Many attorneys waste valuable time sending letters or making … Continue reading Effective Debt Collection in Massachusetts

business law

Enforcing Massachusetts Judgments

As with any legal matter, the process of enforcing judgments is determined state by state. Here we take a closer look at how it is done in Massachusetts. For starters, a judgment is a final order of a court that shows how much money is owed by one party to another. Here’s the important part. … Continue reading Enforcing Massachusetts Judgments

business debt collection

Commercial Debt Collection for Out-of-State Creditors

Are you a creditor located outside Massachusetts with a debtor doing business in Massachusetts? Does this debtor refuse to pay your invoices even after repeated payment requests? Well, you’ve come to the right place. Here’s a brief overview of tactics a skilled and experienced attorney uses in order to collect money on behalf of an … Continue reading Commercial Debt Collection for Out-of-State Creditors

commercial debt collection attorney

Commercial Debt Collection with Boston Attorney Alan M. Cohen

A commercial landlord’s tenant suddenly stops paying its monthly rent. The landlord through its attorney sends threatening letters seeking payment to no avail. As a result of a referral, the commercial landlord calls me because it was told that we have a fee structure to suit smaller debts, i.e. we often work on a contingency … Continue reading Commercial Debt Collection with Boston Attorney Alan M. Cohen

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Why and When a Massachusetts Court May Issue a Real Estate Attachment

Among the many strategies used in debt collection law, there are attachments. And with attachments, there are two types – with notice to the defendant and without (ex parte). Generally speaking, courts are reluctant to issue ex parte attachments on real estate because fraudulent transfers of real estate are traceable. There are particular times when … Continue reading Why and When a Massachusetts Court May Issue a Real Estate Attachment

delinquent accounts

Is it Worth it to Turn a Delinquent Account into Collections?

When a client owes you money, you will find yourself in a difficult position. On one hand, you do not want to damage the relationship and chance losing future business. On the other hand, your company is taking a financial hit when a client doesn’t pay up. So when do you decide that enough is … Continue reading Is it Worth it to Turn a Delinquent Account into Collections?

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Massachusetts Bank Attachment Laws: What You Should Know

Knowledge is power, even more so when it comes to collecting money from a deadbeat client who refuses to pay. Exceptional Massachusetts debt collection strategy requires knowing how to use court rules, case law and statutory tools to best help businesses collect debt. That is why it is critical for your debt collection counsel to … Continue reading Massachusetts Bank Attachment Laws: What You Should Know