Month: July 2020

Using writs to collect commercial debt

The wave of business bankruptcies that seemed inevitable in March and April has not materialized yet. Some companies that were wrestling with debt and cash flow problems before the pandemic struck did file for bankruptcy, but other businesses have managed to use federal assistance, other available cash, and a rebound in business to avoid completely...

Knowing when to seek a receivership

Many California businesses are struggling right now. When a company that owes you money faces serious trouble, it’s not good news for you and your prospects of collection. You have many different options for pursuing the unpaid debt, but what is the best option for maximizing your return? In some cases, a receivership is the right answer, but courts see...