Legal Agreement: Put It In Writing
21 Dec
“It pains me to say this, but I may be getting too mature for details.” – Jerry Seinfeld I can’t even recall what I had for lunch – so how can I expect a debtor to remember a deal we … Read More »
Category Archives: Commercial Debt Collection Tips
Useful helps for how to collect commercial debts.
Making Clear Business Contracts
14 Dec
Business contracts are always the subject of much litigation. It seems that there is no such thing as a “bullet proof” contract or a contract which just can’t be interpreted more than one way. So, when is this a problem? … Read More »
When can we pursue a successor company by piercing the corporate veil?
28 Nov
Honestly, these are low percentage claims. Only in a very extreme or clear violation of law is a court going to give you a judgment against individual corporate officers through piercing the corporate veil, for example. Client’s often turn over … Read More »
Collection Agencies are Not a Commodity
15 Nov
It can be tempting to choose a collection agency that offers the lowest rate but collection services are not a commodity. One agency may take on a case at a rate of 15% while another may quote a rate of … Read More »
Dealing With Payment Sent “In Full Settlement”
9 Nov
BEWARE THE “IN FULL SETTLEMENT” (or similar language) check, or check and attached letter, as the court may just enforce it! Yes, although we thought we knew all the rules about this type of transaction, let’s double check just to … Read More »