As a small business owner, unpaid debts can affect your bottom line. While some of your debtors may make good on their payments, you may have difficulty receiving any repayment whatsoever from others. Before filing a lawsuit against a debtor, however, it’s crucial to know if they can afford to pay you. If they cannot, pursuing legal action against them...
Month: August 2020
What options do you have for debt collection lawsuits and enforcement?
Effective debt collection practices by commercial entities include the use of civil court cases brought against consumers and other businesses. Efiling of civil actions is the norm in California courts, as has been the case in recent years. When the usual debt collection efforts have failed to result in payment, aggressive legal actions become essential...