When a debtor is delinquent, one of the biggest concerns for creditors is that the debtor doesn’t have enough money to pay what they owe. Securing an ex parte attachment to obtain pre-judgment security as part of a collections lawsuit can help to alleviate these...
ex parte attachment
What To Do When A Debtor Uses Trickery
Unfortunately, when a company has experience as a debtor, sometimes, this has given them an opportunity to learn a few tricks to try and avoid collection efforts. Our collections attorneys at know that debtors will sometimes go to great...
Could we seize real estate to collect on a business-to-business debt?
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...
Does your debtor own a cash business?
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...
How soon should we hire an aggressive debt collection attorney?
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...
3 steps to effective business-to-business collections for medium and large companies
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?...
Tired of wasting money on collection agencies for your business debt?
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...
How to Deal With the Deadbeat Shuffle
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...
My Massachusetts debtor’s check bounced. How do I collect now?
When a check bounces, you can sometimes get paid by simply following up with the person who wrote the check. It might have been a blip and they may be willing to pay. When that doesn’t happen, Massachusetts law may allow you to sue that person and the company named on...
My debtor owes a lot of companies money. How do I get paid first?
It is extremely frustrating to discover that your debtor owes other people a lot of money. The more debt they have out there, the smaller the slice each creditor can get, right? Not necessarily. If your debtor hasn’t declared bankruptcy, there are several ways we can...