A Dramatic and Effective Remedy – That Should Rarely Be Used Usually, as soon as a judgment is entered against an individual, the first question a creditor asks is, “Can I force her to sell her house?” If your judgment debtor owns property, it is by far the most tempting target for enforcement, especially if […]
Collecting From The Spouse Of Your Judgment Debtor
You filed suit and obtained a Judgment against a debtor and afterwards you learn the Judgment debtor is married. Can you go after assets and income held in the name of the Judgment debtor’s spouse? Whether or not that is possible will largely depend upon the State in which the debtor and spouse reside. However, […]
That’s Not Fair! Accepting International Legal Differences
A Chinese client of ours placed an account with us for collection. On contacting the company who bought their product we were referred to their lawyer. When we contacted the lawyer he explained that his client had an initial offset to the $650,000 debt because of approximately $30,000.00 worth of defective goods. Beyond that, opposing […]
Trial in Collections Cases
The goal of any collections professional, including lawyers, is to collect the claim with as little time and cost as possible. The creditor must constantly make the calculation: is the additional time and money I’m going to spend on this claim worth the increased return? This calculation becomes most intense when considering trial in collections […]
Mechanic’s Liens
Many times a subcontractor, laborer, or equipment lessor providing materials or services for a construction project, does not have a direct contractual relationship with the owner of the property. For example, a property owner may hire a general contractor to redo his kitchen, and the contractor may then hire a subcontractor to provide the carpentry. […]