When individuals or businesses fall behind on their financial obligations, creditors typically engage in collection activity. Collection efforts may begin with reminder phone calls and invoices. Eventually, creditors may decide that they need to take legal action. A...
Month: February 2025
Do not badmouth debtors online
When a business is struggling to collect unpaid debts, frustration can run high. It may be tempting to call out a debtor publicly on social media or other online platforms, especially when other collection efforts have failed. However, posting negative comments about...
Collection rights when a debtor files for bankruptcy
When a debtor files for bankruptcy, it can be frustrating and financially challenging for creditors. Businesses owed money may understandably worry about their ability to recover outstanding debts and what legal options remain available. Yet, while bankruptcy can...