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Focused On Debt Collections In Aventura Since 1995
Most people who require the goods or services provided by a business pay for what they receive. However, some people attempt to defraud companies. They make payment arrangements, only to fall behind on their agreed-upon payments. They ignore collection calls and...
If you’ve learned that a creditor is “insolvent,” that is certainly a troubling (if not unexpected) development. They may simply announce that they’re insolvent or they may receive a court-issued insolvency order. People often assume that if an individual or business...
When some debts go unpaid, there is the option to use a process known as wage garnishment. This does require a court order. It’s not something that the court is going to do lightly. It will have to be shown that garnishment is necessary, as it may be the only way to...
Businesses owed money by individuals sometimes need to take legal action. When a debtor refuses to pay what they owe, a lawsuit can force them to be accountable financially. Successful debt litigation can lead to wage garnishments. The creditor can potentially...
If you run a medium to large-sized business, you know that outstanding debt can create a ripple effect that may impact your bottom line and company success. While any industry can encounter collection challenges, some face particularly tough hurdles in this area due...
When a customer or associate owes your business past-due debts, these losses can eventually begin to impact your operations. Taking the matter to court can lead to a judgment in your favor, but it does not guarantee the debtor will actually pay. A process called...
If you offer financing options, such as business, auto or student loans, among others, to businesses or individuals, chances are you have dealt with different types of debtors. Some may be easy to work with, and others not. Here are three common types of debtors you...
Contracts govern the business world. Contracts exist between business partners, businesses and clients, businesses and customers and much more. A fundamental aspect of a sound contract is that both parties must enter it in good faith. Neither party should be lied to....
Contracts are designed to set expectations and limit conflicts, but breaches of contracts still happen. Sometimes, those breaches happen without warning – but there are other times when you see them coming. When another party clearly indicates that they won’t (or...
When you provide goods or services on credit to others, you expect payment. After all, you need those monies to keep your lights on, along with other utilities, and pay your employees. Most customers make prompt payments and make a full repayment. But you have likely...
