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California Debt Collection Blog

Are your debtors trying to outsmart you?

There is no shortage of advice online centered around topics such as “How to outsmart your creditors” and “Tips for avoiding debt collectors.” If you are owed money, it might be helpful to know the information your debtors are accessing to keep you from getting what is yours. Following are some of the most common items of advice blogs, magazines and other...

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What does a prejudgment writ of attachment do – and how can I get one?

It’s an unfortunate truth that many people refuse to pay what they owe, and some may even resort to dishonest measures in order to move the assets or money that they owe you out of your reach. In situations like these, it may be necessary to file for a prejudgment writ of attachment when you begin your collection action against them in order to provide...

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Can I collect if the debtor’s assets are in retirement accounts?

Creditors who are looking to collect on consumer debt may find themselves facing unscrupulous efforts to avoid repayment. In these situations, the creditor may need to consider various ways to get the money. One example is to consider the consumer’s retirement assets. Creditors who are looking to collect payment through retirement assets must navigate both...

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Debt collection options for assets hidden in a business

Collecting a debt can be a stressful task. While it is never a fun task, getting people to pay what they owe is essential to supporting the businesses you serve. When people get desperate to avoid paying a debt, they may resort to trying to hide their assets. In some cases, they will try to conceal their assets within a corporation or an LLC. Here’s what...

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Three debt collection mistakes to avoid

Collecting on past-due accounts is difficult enough without making preventable mistakes. Three things business owners and accounts receivable professionals should try to avoid include: Waiting too long In California, the statute of limitations on collecting debts is four years for breaches of written contracts. If you let that time pass without taking...

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Getting the details right when filing for Abstract of Judgment

Winning a money judgment in court is oftentimes only the first battle in the longer war of collecting a debt. If the debtor still is unable or unwilling to satisfy the debt, you may need to file for an Abstract of Judgment, a legal instrument that will place a lien on any real property the debtor owns or attempts to purchase in the future. An Abstract of...

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Can you use social media to secure delinquent debt?

Debt collectors possess vast resources when trying to get in touch with consumers who are delinquent in their debts. Even with a significant increase in debtors throughout the pandemic, various paths exist to make contact in an effort to find resolutions to past-due or outright delinquent balances. When the third quarter of 2021 ended, 77.6 million...

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