Collections-Creditors Rights
There are many confusing legal procedures involved with getting a debtor to pay back a debt. A collection lawyer can help you limit your own liability and increase your chances of collecting the debt. If you take the debtor to court, a collection attorney will help you secure a judgement against the debtor, thereby increasing your chances of collecting the debt.
For assistance with your case, click here to find Collections Attorneys near you or find an attorney in a different state.
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Frequently Asked Questions
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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
Legal Articles
- 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 - 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
