Collection

Collecting a debt from a business is different than collecting a debt from an individual. Different rules apply, making different collection tactics necessary. Frequently, the debt collection laws most people know apply to debtors who are people, not companies....

Unpaid invoices can cause a lot of stress. While some clients are simply disorganized or going through a rough patch, others may be planning to avoid paying you from the start.  Recognizing warning signs before problems escalate can help you avoid wasted time and...

Replevin is a legal tool that allows a business to recover property that is wrongfully being held by another party. For companies that lease, lend or sell goods with the expectation of payment or return, replevin can be a powerful way to assert their rights without...

There are many benefits associated with living in a condominium. Homeowners have fewer maintenance obligations because the condo association manages shared spaces and certain building infrastructure. The owners of condominiums may have access to several amenities,...

After sending an invoice for goods or services sold on credit, your customer might not pay by the required date. This may be due to financial constraints, inefficient payment processes or an error that occurred when entering customer data or recording payments. ...

Warehouse operations are an important feature of many business supply chains. Unfortunately, they can give rise to complex collection concerns.  For Florida businesses that rely on warehouses for storing, shipping or receiving goods, unpaid invoices and breached...

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...

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...

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...