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

Charging Off a Bad Debt: How, When and Why to Do It
For many creditors, the frustrating reality is that it costs money and it takes time to recover the money that is legally owed to them if a borrower stops repaying a loan. The costs of debt recovery can be significant. Foreclosure, for example, can be expensive and take over a year to complete in some states. Therefore, many businesses choose to write off their bad business … more
What You Can Do When Your Customers Don't Pay Their Invoices
Almost every business owner has faced the same problem at one time or another. The business provides a product or service to a customer, the business invoices the customer for payment and the business never receives payment. This situation is frustrating at best and a threat to the business’s profitability and continued existence at worst. However, if you provided a product or … more