New York Collections Lawyers

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What Remedies Might Be Available Once A Creditor Commences A Court Proceeding?
There are several remedies possible once a creditor has filed a lawsuit and prior to receiving a final judgment. Attachment is a court order permitting the creditor to seize the debtor's property. … more
What Issues Should A Creditor Consider When Deciding Whether Or Not To Pursue A Judgment?
The creditor needs to consider the costs involved with pursuing a judgment. Even when attorney fees are contingent upon recovery, additional expenses include court costs and in some cases third … more
What Methods are Available for a Creditor to Collect on a Judgment?
Each state’s civil code lists the different methods that are available to a person who is trying to collect on a judgment. Some of the more common methods include the following: Wage … more

Loan Default: Workout, Litigate or Foreclose?
Creditors are often faced with a difficult decision when a borrower defaults on a loan. In order to stay in business, creditors must collect on as many loans as possible. However, there are different ways to collect on loans and different factors that determine which way is the best way to try to collect the money owed in a given situation. Primarily, creditors have three … more
Lien Priorities: Who Gets Paid First?
For many Americans, the purchase of property is among the most important and most expensive purchases that they make. Most property owners borrow money in order to buy real estate. In order to protect their purchase, it is important for property owners, and those who lend them money that is secured by the property, to understand the importance of recording liens and title according … more