Preference Actions

"Relentless Collection Attorneys"

Preference Actions

When a debtor pays one of its creditors within 90 days of filing for business bankruptcy, the creditor may be subject to a preference action. Bankruptcy trustees pursue preference actions against creditors claiming the debtor’s payment was preferential and possibly fraudulent. A preference action is used to demand creditors to return the payment the debtor and made for redistribution amongst all the creditors.

At the Law Offices of Alan M. Cohen LLC, we defend and negotiate preference actions often obtaining substantial savings for our clients. We provide, you guessed it, aggressive, relentless, effective and ethical defense of preference actions.

We have over 35 years of commercial debt collection experience. We will apply our years of experience and legal skills to help minimize your liability to the bankruptcy estate. Contact our law firm today to meet with a highly skilled creditors’ rights lawyer in Framingham, Massachusetts.

Defending Creditors Facing Preference Actions in Massachusetts

Our lead attorney, Alan M. Cohen, provides aggressive, relentless, effective and ethical commercial debt collection services throughout Massachusetts. If the bankruptcy trustee has demanded that you return the funds a debtor paid you before filing for bankruptcy don’t give up and pay without a fight. Retain our firm to attempt to either defeat or substantially reduce your preference liability.

At the Law Offices of Alan M. Cohen LLC, we offer an aggressive defense strategy to protect creditors’ financial interests. Our creditors’ rights attorneys will examine the facts of your case to develop an aggressive defense strategy against preference actions, to determine:

  • Whether the debtor made payment for ordinary business
  • Whether the debtor received “new value” the payment
  • We will evaluate the payment history
  • We negotiate with trustees to attempt to reduce your exposure to having to return monies that are arguably yours

Contact a Skilled Massachusetts Creditors’ Rights Attorney

At the Law Offices of Alan M. Cohen, LLC we aggressively protect creditors’ rights and move quickly to resolve preference action cases in your best interest. Contact our law firm today by calling (508) 620-6900 or emailing alanmcohen@collections-law.com to meet with an experienced Boston-trained commercial debt collection lawyer.

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Debt Collection FAQs

  • Why should my company hire the Law Offices of Alan M. Cohen LLC to collect unpaid accounts receivable in Massachusetts?

    Our philosophy is simple: We never give up. We pursue your debtor until either you get paid or no one else can get you paid. We treat your debt as our debt and tirelessly pursue debt recovery. We are the last name that your debtors want to hear.

  • How do you effectively collect debt in Boston, Worcester, Springfield and throughout Massachusetts?

    When we first get a file in from a client, we look to see what the debtor is about, who it does business with, and what is posted on social media. From there we determine which collection tactic would be most effective in swiftly collecting our client’s bad debt. Unlike others who write demand letters and make calls, we figure that you have already done that and want an aggressive and relentless debt collection action. That is exactly what we provide: No calls. No letters. Just Action through litigation.

  • What makes a good Massachusetts bad debt collections attorney?

    A good Massachusetts collection attorney not only knows how to collect bad debt in Massachusetts but is driven to do what it takes no matter how long it takes to collect the delinquent debt. A good Massachusetts collection lawyer not only listens to his client, but he also keeps his/her client informed of everything that is happening in the case. At the Law Offices of Alan M. Cohen LLC, aggressive, relentless, innovative and successful bad debt collection is wired into our DNA. We send a copy of every communication that we send and receive on your case to you. For over three and a half decades we have been protecting creditor’s rights.

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