Collect Old Debts
Don’t let your old receivables get away without a fight. Using aggressive legal tactics, we focus on the area of commercial collection litigation and collect old debts as well as those which are more recent. We hope you find this information useful for your business.
Please contact us to speak with one of our experienced attorneys. The statute of limitations for contracts is six years, unless you sell a good or material within the scope of the Uniform Commercial Code in which case it is only four years.
Success Story: Business has been very good and the company has not had the time to closely monitor accounts receivables. Upon review, they notice a five year old debt in the amount of $20,000.00 which they do not believe is collectible. After talking with Attorney Alan M. Cohen, they decided to see what he could do to collect old debts.
Within two business days after being retained, we filed suit and appropriately obtained an ex parte attachment. The first bank attachment caught a large sum of money. Upon further research, we located a second bank to attach. Armed with this new information, we again went to court and obtained a second ex parte bank attachment. That caught even more money. Within 30 days, through aggressive legal tactics and negotiations, we obtained collected old debts of almost $20,000.00, which was more than the monies attached. Can you say KA-CHING!!
For more information about how our AV rated attorney with over 30 years of experience can help you call (508) 620-6900 or email firstname.lastname@example.org .