Month: October 2020

Using a bank levy for judgment enforcement requires good timing

California businesses often have the unenviable task of taking a client or customer to court in order to receive payment owed to them. Receiving a judgment from the court specifying the amount owed to a particular business from another party may seem like a victory, but there is still more work to be done. Collecting on that judgment may require using a...

Debt collection varies depending on if it is secured or unsecured

Perhaps a California business owner has attempted to receive payment from a customer by sending additional invoices and making calls, but to no avail. It has now reached the point where debt collection efforts need to become more formal. Before embarking on a particular course of action, it would help to know whether the debt is secured or unsecured. As...

How fair play and the modern world are reshaping debt collection

Few people will sympathize with anyone writing or calling them for money. But debt collectors serve a necessary role in balancing the financial sector’s basic tenants of fair play. What if exploding technology outpaces rules for retrieving what is legally owed and protecting consumers from overzealousness? The Consumer Financial Protection Bureau recently...