Rhode Island Collections Lawyers

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

What is Wrongful Repossession?
Secured creditors have the legal right to repossess property that is collateral for a loan under certain circumstances. That legal right is known as repossession. If the creditor does not have the right to repossess the property or does not complete the repossession according to the requirements of the loan agreement and state law then the repossession is deemed a wrongful … more
Zone of Insolvency - How to Conduct Business When Bankruptcy is a Looming Possibility
Corporate Boards of Directors always have complicated decisions to make. However, those decisions become incredibly more complex when the company has entered a “zone of insolvency” and is considering bankruptcy. Generally, Boards of Directors owe a fiduciary duty to the company’s shareholders. That means that they must make decisions for the company based on a … more

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