You would think that winning a judgment in your debt collection case would be the end of your legal ordeal. But it’s usually not. Just because a court has decided that your debtor does indeed owe you money, does not always mean that your debtor is actually going to...
In the world of business and commercial transactions, you will inevitably cross paths with a customer who does not pay. When this happens, you need to take things to the next level. That is where we come in. Why us, and not a collection agency you might ask. The Law...
Large businesses and corporations that encounter nonpayment of business debt may assume that getting a court judgment against the non-paying company is all that is necessary. Unfortunately, that is not always the case. There are companies who will still withhold...
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...
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?...
While most people try to pay their debts, some debtors are dead set against paying their bills. They may think they can get away with it if they wriggle hard enough. One way some debtors try to get out of paying their bills is to transfer all their valuable property...
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 & Associates 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...
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...