Unfortunately, many businesses have had to deal with outstanding debt from clients or customers who have either forgotten or refused to pay for services or materials. Sometimes your clients simply do not have the means to pay up. Regardless of the reason, outstanding debt can seriously affect your business and credit line. It’s money out … Continue reading Spend your time making money and leave the bad debt collections to us
Attorney Alan Cohen recently cited in the current addition of Mass Lawyers Weekly. Some important topics discussed pertaining to credit card collection cases, and can be found here: http://masslawyersweekly.com/2016/12/22/proposals-tackle-abuses-in-credit-card-collection-cases/
Have you or your company performed work for a construction project only to be refused payment? A mechanic’s lien is an invaluable tool that helps the construction industry collect money owed. You have to know what you are doing, however, to use it effectively. In the Commonwealth of Massachusetts, a mechanic’s lien is security for … Continue reading Mechanic’s Lien – What is it and how does it work?
What is a Foreign Judgment? In American legal terminology, a “foreign” judgment can be a judgment from another state in the United States or from a foreign country. For a judgment from another state within the United States, the reference is “foreign sister-state judgment.” A “foreign-country judgment” refers to a judgment from another country. If … Continue reading Foreign Judgment Enforcement
If you sell materials or lend monies to a corporation which goes belly up, there is a temptation to just give up. Lots of lawyers and attorneys do. I don’t and neither should you. I immediately file suit against the corporation. Why file suit against a corporation on life support or one recently defunct, you … Continue reading When A Debtor Goes Belly Up, They Can Still Pay
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
A shipping company hired an out-of-state carrier to deliver its merchandise. The out-of-state carrier damaged the merchandise during the shipment and then refused to pay for the damages which were in excess of $20,000.00. After searching for an experience Boston commercial debt collection lawyer, the shipping company called me. I immediately reviewed the file and … Continue reading Damaged During Shipping, Who Pays?
You’ve come to us for help collecting an outstanding debt. We’ve filed a lawsuit on your behalf and received a judgment in favor of you being paid. Now what? How is the judgment enforced? Unfortunately, there is still a way to go before you see any money. Once a judgment is issued, it becomes a … Continue reading Enforcing Judgments
Boston – A produce supplier’s customer slowly starts making late and then stops making any payments. The customer starts displaying tell-tale signs of deadbeatitis – – “creative” and/or cliché excuses followed by communication black-outs followed by promises of payment which are quickly broken. Frustrated with the slowly rotting debt, the produce supplier calls me. After … Continue reading Tell-tale Signs of Deadbeat Debtor
A small Massachusetts’ independent consultant provided services to an out-of-state client. Its client accepted almost $25,000.00 worth of services from the consultant without complaint, yet refused to pay the consultant claiming it was having financial hardship. The independent consultant, fed up with getting taken advantage of by the out-of-state company, hired me! The Massachusetts consultant’s … Continue reading Out of State Debt Collection