Debt collection can escalate quickly when a debtor refuses to pay. At Law Offices of Alan M. Cohen & Associates LLC, our aggressive and relentless commercial collections attorneys have more than 50 years of combined experience helping clients collect on unpaid debts.
Our seasoned commercial collections attorneys understand the frustration of unpaid invoices. One aggressive but ethical tactic for collecting on an unpaid debt is a property seizure. When you reach the point of being able to execute a property seizure, law enforcement may get involved to help.
When seizing property is an option to collect on a debt: Prejudgment attachments
At Law Offices of Alan M. Cohen & Associates LLC, our experienced and innovative commercial collections attorneys don’t wait until we have a judgment to try to secure your unpaid debt. When it’s appropriate, our aggressive lawyers will go after assets and property before we’ve even obtained a judgment in your favor. In a prejudgment attachment, Massachusetts law allows you to seize property prior to a judgment, as a means of securing payment on that judgment if the court finds that your debtor owes you money.
Post-judgment attachments: Obtaining a writ of execution
You can also go after a debtor’s property after you have secured a judgment in your favor. Once you’ve obtained a judgment, our relentless commercial collections attorneys can help you collect on it. After filing for a writ of execution, the laws in Massachusetts allow for the seizure of assets as a way to collect on that money.
The role of law enforcement in debt collection
The sheriff is responsible for enforcing the writ of execution and will assist with an asset seizure. Because of our judgment, we can direct that those assets be sold and that the money be used to pay the delinquent debt. Sometimes, just having the sheriff show up is enough to motivate a debtor to pay.
The sheriff is responsible for enforcing the writ of execution. This includes seizing and selling the debtor’s property. The sheriff will inventory the property to determine what can be seized. Seized property is typically sold at a public auction, and the proceeds are used to satisfy the debt.
Consult an experienced commercial collections attorney
With over five decades of combined commercial collections experience, our seasoned litigators are relentless when it comes to pursuing what you’re owed. In doing so, we adhere to the highest ethical standards, ensuring that the seizure process is fair and legal and follows Massachusetts law.
Property seizure is a powerful tool in commercial debt collection. Contact us today by calling 508-763-6604 or sending an email through our website to learn more and schedule an appointment.