In many cases, yes. If you speak for a large business or corporation that needs to collect on a commercial debt, you should know about this essential tool. In Massachusetts, a real estate attachment allows us to freeze the property before we even get a court judgment...
We seek to freeze a debtor’s assets prior to obtaining a judgment so that there is an identifiable resource from which to get you paid.. Once you get that judgment, we seek leave of the court to direct the person or entity which is holding the debtor's seized assets...
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?...
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...
When a creditor owes you money, you have many options for how to pursue the debt. The experienced commercial collection attorneys at the have used every method known to Massachusetts law since opening its doors in 1994. Some methods are...
When you need to collect on a commercial debt, freezing the debtor's bank account can be one of the most effective collection methods available. The technical name for this action is a trustee attachment but is commonly referred to as a bank attachment. If approved by...
The commercial collection process can feel overwhelming sometimes. When a customer or client fails to pay for a service or goods you provided, you may not be sure what steps to take to recover your money. At , we have many tools we use to...
If you are having trouble collecting a commercial debt, you may wonder what you can do to make the debtor pay. The truth is, you have many tools available to you under Massachusetts law. The experienced commercial collections attorneys at the [nap_names...
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...