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There is no question that a bankruptcy filing can frustrate your attempt to collect on a debt from another business in Massachusetts. You should not give up, though. You may still receive some payment through bankruptcy, even if you cannot collect on the entire amount...
The entire goal of a commercial collection action is to obtain payment from a person or business that owes you money. At the , our commercial collections litigation attorneys understand the importance of not just obtaining a judgement...
Businesses that are owed money will often win a civil case in court because they have made a strong argument regarding the debt owed to them. The court may rule that the debtor owes a certain amount of money, and also award additional damages. The entry of a judgment...
Unfortunately, those in construction come across builders, developers, or owners who are unwilling or unable to pay their bills. Subcontractors, suppliers, architects, design professionals, laborers, and others may start or complete work or services on a home or...
The initial step to commercial debt collection is long before you send your debtor to collection. The first step is exclusively in your hands. At the beginning of every commercial relationship you have the opportunity to control your money and set your terms. You do...
You’ve won your case in court, and your debtor needs to make the necessary payments to resolve the outstanding debt. In theory, it should be as simple as collecting the monies owed to you and being on your way. But it rarely is that easy. Very often your initial...
Nothing is more frustrating than when a customer tells you that they will fulfill their outstanding debts, but they then fail to do so. While some may wait for the payment in an effort to keep their business, more often than not, the late payments continue — if you...
Like nearly every other state as of 2020, Massachusetts finally adopted the Uniform Enforcement of Foreign Judgments Act, allowing out-of-state judgments to be domesticated by Massachusetts attorneys. Under this act, we now have two different methods of domesticating...
Hiring the debt recovery collection attorneys at the Law Offices of Alan M. Cohen LLC is the answer to one of the most challenging aspects of running a business — tracking down delinquent debtors who refuse to pay. After going through the appropriate channels to try...
It would be nice if all clients and customers paid up their outstanding balance on time, but that is unfortunately just a fantasy. Bad debt collection is as much of a part of a business as are sales. No business should get bogged down in chasing bad debts. That is...
