Debt Collection Blog

"Relentless Collection Attorneys"

Alan Cohen

Deadbeat Buster Newsflash — Successive Bank Attachments Help Collect over 100K

A customer owes big bucks, but when called for payment, he stalls, crawls or simply ignores the company. Classic signs of the dreaded disease of “deadbeatitis.” When the customer finally meets with you, they claim they will pay you in full out of the proceeds of a sale. Don’t wait, seize the moment!

Company X said “carpe diem”! When confronted with all the invoices, its customer admitted that it owed $106,000.00 and claimed that Company X would get paid out of a pending sale. Once burned by prior broken promises, Company X seized the moment and hired us. We immediately sued and obtained an ex parte bank attachment and an attachment of personal property (bulk attachment). We requested and obtained a form of attachment that allowed the sheriff to make multiple attachments of the defendant’s bank account. The attachments caught over $68,000.00. Not surprisingly, the deadbeat agreed to settle the matter. Within nine weeks our client received $106,000.00.

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