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...
Debt Domestication
Domesticating out-of-state judgments facilitates debt collection
An out-of-state judgment refers to a court ruling obtained by a creditor outside the jurisdiction where the debtor resides. If you have obtained a judgment against a debtor in another state and the debtor has assets or property in Florida, domesticating the judgment...
How can a business collect a debt that crosses state lines?
As a business operating outside of Florida, it can be tricky—but by no means impossible—to collect a debt from a resident of Florida. Many student loan service providers and auto loan service providers encounter this need either occasionally or repeatedly. Luckily,...