Collection

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...

When someone stops paying their loan, business owners have legal options to get back what is owed. For businesses that lend or lease property with the expectation of payment later on, one option available is replevin. Replevin is a legal action that helps recover the...

A subprime borrower is someone who has a credit score that is under 670. These buyers often still qualify for car loans. However, recent reports show that the number of defaults on these loans has been increasing in the last few years. When looking at those who are at...