Collection

Different businesses use much different payment structures, and it can affect what type of debt issues they face. There are three general payment options that businesses focus on, often depending on what type of goods or services they provide. First and foremost, many...

Some people believe that once a judgment is entered in a debt collection case that a creditor automatically receives the money they’re due. This isn’t always the case. It’s possible that the debtor won’t pay the judgment, which may lead to the creditor having to...

If you won a lawsuit in another state but the debtor now lives in Florida, you still have legal options. Florida law gives you a structured path to collect what you are owed.  What it means to domesticate a foreign judgment Florida requires you to "domesticate" an...

Statutes of limitations for civil lawsuits provide deadlines for plaintiffs to act to seek compensation or other resolution for some type of violation that has caused them harm. They are specified under the law largely to protect potential defendants from having to...

Commercial collections are much different than consumer collections, so it’s critical for any company that needs to handle this type of matter to understand how to handle this sensitive matter. These situations often require more than just showing that money is owed. ...

Corporate debt issues were significant during the financial crisis in 2008 and 2009. After the end of that crisis, things did smooth out for some time. However, in the last few years, reports have shown that corporate debt and default risks have been soaring once...

Facing wage garnishment in Florida can feel stressful, especially when you are trying to protect each paycheck while keeping your business running smoothly. Knowing the limits and exemptions under Florida law can help you approach the situation with more confidence....

Businesses attempting to collect on outstanding debts are subject to certain restrictions. Adherence to all state and federal regulations regarding debt collection is critical. Companies also need to ensure that they do not violate the protective provisions of...

For small business owners, unpaid debts have always been an issue. A business may be running on thin margins. If services or products have been provided, the company needs to get paid. After all, it has its own loans and other financial obligations, which are still...

Those facing escalating collection efforts may engage in aggressive avoidance. People quit jobs and move house to avoid collection efforts ranging from litigation to wage garnishment. Other times, they may attempt to hide resources from creditors, possibly by making...