How does bankruptcy affect commercial debt collection?
Posted onBankruptcy can complicate debt recovery, but an experienced attorney can navigate these complexities to maximize recovery chances.
Archives: FAQs
What should I consider when choosing a commercial debt collection attorney?
Posted onFocus on their experience, success rate in similar cases, and understanding of your specific industry.
How does the Fair Debt Collection Practices Act affect commercial debt collection?
Posted onThe FDCPA sets guidelines for ethical debt collection, and attorneys ensure compliance while effectively pursuing debts.
What information do you need to start enforcing a judgment that I have received from the court?
Posted onTechnically, the only document required would be the judgment itself. However, to maximize the likelihood of locating and seizing assets, it would be helpful to have the current address and banking information of the debtor. If the debtor is an individual, it would also be helpful to have information regarding the social security number, date […]
What information do you need to start the commercial collection process for our delinquent accounts receivable?
Posted onThe more documentation and information you can provide, the easier it is to commence successful litigation and locate and collect assets. The following is a list of documents that we believe are the most helpful to begin this process: Statement listing invoices and payments Invoices and delivery receipts containing your business terms Breakdown of principal […]
How long does it take to get my money?
Posted onBy the time a client comes to Rosenthal & Goldhaber, most creditors – whether owed money on accounts receivable or notes payable, or based on a duly rendered judgment – have spent a considerable amount of time trying to obtain payment from their debtor. We are often asked how long it will take us to […]
How much does it cost to get my money?
Posted onWhen a client comes to Rosenthal & Goldhaber to obtain money that is owed, the client feels that it has already suffered a loss of assets. Thus, there is little to no desire to throw good money after bad by paying an hourly rate to collect the lost funds. That is why our services are […]
Can’t I seek payment myself? Why do I need you?
Posted onThere is no requirement that anyone hire our firm to collect money due to it, or to enforce a judgment that it has obtained. However, the rules for corporations and individuals are different. Corporations are required to be represented by an attorney in court (with the exception of small claims/commercial claims court). Once a matter […]
What types of cases does Rosenthal & Goldhaber handle?
Posted onSince 1940, Rosenthal & Goldhaber has been helping clients recover money owed for various reasons. Our firm currently handles the following types of matters: Collection of Accounts Receivable for Goods Sold and Delivered Collection of Accounts Receivable for Services Rendered by Professionals (Attorneys, Accountants, Architects, Engineers, and others) Collection of Unpaid Commercial Loans Collection of […]
I won a large judgment in court. Why has the debtor not paid me?
Posted onA judgment is merely a piece of paper in which the court has ruled that one party legally owes money to another party. It also gives the judgment creditor the right to seize assets of the judgment debtor to satisfy the judgment. However, there is nothing that compels the judgment debtor to make payment. It […]