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You went to the trouble of getting a judgment against your delinquent debtor and now what? They still won’t pay. It’s enough to make you grind your teeth in frustration. Luckily, Massachusetts law offers a way to follow the money after a judgment goes unpaid. It’s...
The answer could be different in an individual situation, but in commercial situations generally? The earlier the better. As soon as your ordinary, reasonable debt collection efforts have failed. Ballpark, a substantial receivable that is over 60 days late requires...
Sometimes, customers go bad. They not only refuse to pay their debts, but they may also take steps to hide their money. This is often done in an effort to put their money out of reach from rightful creditors like you. They can try to hide the bacon, but we can usually...
Medium-sized and large companies that are having trouble collecting on delinquent debts should act quickly. Time is of the essence – and that means you have no time for collection agencies. Did you know that collection agencies can’t force business debtors to pay?...
A mechanic’s lien gives builders, contractors and some others in the construction industry a collection mechanism that other industries don’t have. With a written contract or documents constituting a written contract, you can place a lien against the property which...
If you have a judgment against a Massachusetts commercial debtor, it may surprise you to learn that the courts don’t unilaterally enforce judgments. You sill have to collect – and you’re not going to do that with letters and phone calls. It’s even more maddening when...
When you have a commercial debtor who won’t pay but stays in business, they’re using your money to stay afloat. We called this “creditor financing.” Worse, they may be using your money to buy materials from your competitors. This is a battle for control of the money....
If you’ve already contacted your delinquent debtor to persuade them to pay but they won’t, you don’t need a collection agency. All a collection agency can do for you is contact the debtor over and over until something happens. That’s no way to get paid. At the Law...
Some commercial debtors just won’t pay up even when they’ve lost in court. Can you believe it? That makes them something more than a regular deadbeat. To turn that judgment into money, you need the experienced collection attorneys at The Law Offices of Alan M. Cohen &...
Sometimes a debtor makes sporadic payments just to keep you from calling the Law Offices of Alan M. Cohen & Associates LLC. We call this the deadbeat shuffle. Sometimes the sporadic payments are because of your debtor's cash flow. Other times, it is just a game to...