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...
There are some professions where work is hard to quantify. Did a professor spend 40 hours per week working on research for an upcoming publication? Did that writer really write for as long as they claim? Construction is not one of those professions. Construction...
Getting payment on late debt is not always an easy task. Thankfully, businesses do not need to go through this process on their own. Business owners can work with legal counsel to help locate and collect that money. At the Law Offices of Alan M. Cohen & Associates...
A successful business often relies on many different businesses and individuals. To move forward, the business leaders expect everyone involved to meet their obligations. This can extend to include more than just the main players within the business leadership, but...