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Focused On Debt Collections In Aventura Since 1995
Taking calculated steps to protect your money is crucial when offering a business a loan. In addition to asking for collateral, you need to consider other options to protect you if the business defaults on the loan. And one of these options is a personal guarantee....
When people fail to pay the debts they owe your business, it can cause significant financial problems. Outstanding debts can lead to serious cash flow issues, leaving your business without enough money to operate effectively. This situation can arise even when your...
In Florida, when a creditor is owed money and files a claim against the debtor, simply obtaining a judgment does not automatically mean they will receive payment. Debtors often used various sleight-of-hand financial moves to avoid paying even if they are legally...
When you’re a business owner, you’re going to encounter customers who fail to meet their obligations. Recovering property that’s being improperly held can be a big concern. Two common remedies for reclaiming property are repossession and replevin. While these terms...
A limited liability company (LLC) is separate from the person who files the formation documents, as well as the members running the LLC. Frequently, people who might otherwise start sole proprietorships establish LLCs as a way of protecting themselves financially...
One of the most devastating consequences of business torts is the financial loss they often come with. However, not all businesses lose money in the same way. If your business experiences a business tort, knowing the potential financial impacts can help you mitigate...
When thinking about business, the aspect of building the business from the ground up can seem daunting. Market factors, competition and the uncertainty of establishing a brand can present significant challenges for aspiring entrepreneurs. Acquiring a franchise is,...
When someone owes your business money and fails to pay, it can lead to severe financial hardships. Recovering the debt is essential, and wage garnishment can be a powerful tool in meeting this goal. In Florida, business owners can pursue wage garnishment to collect...
Most people who require the goods or services provided by a business pay for what they receive. However, some people attempt to defraud companies. They make payment arrangements, only to fall behind on their agreed-upon payments. They ignore collection calls and...
If you’ve learned that a creditor is “insolvent,” that is certainly a troubling (if not unexpected) development. They may simply announce that they’re insolvent or they may receive a court-issued insolvency order. People often assume that if an individual or business...
