Few things are more frustrating than securing a judgment against a debtor only to discover that they have transferred assets beyond your reach. Fortunately, you do have legal recourse for recovering what you are owed. The Uniform Fraudulent Transfers Act (UFTA) enables creditors to take action whether their claim arose before or after the fraudulent...
Consumer Debt Collection
What to include in a consumer demand letter
Businesses here in California and across the country generally do not provide their goods or services for free. They require payment from clients and customers, and when it is not received, it potentially damages the business. In most cases, a business will not want to go directly to litigation. Instead, a demand letter is often the best first step....
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...
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...
Questions to ask before hiring a debt collections attorney
Debt collection is easier said than done. At some point, companies will have to deal with clients who cannot afford to pay them or simply refuse to pay them. When these types of payment disputes arise, companies should consider using a collections attorney. But before businesses make that call, they should ask themselves a few questions. Many have used...
Tips for companies looking to collect past due payments
Small businesses in California and throughout the country might struggle when it comes to collecting debts from customers. However, small business owners are encouraged to be persistent in their efforts to get what they are owed from their clients. This is generally true whether a client is doing his or her best not to pay or hasn't paid because of a...
When a debtor is hiding assets overseas
No matter your efforts to make your client pay you, they may fail to do so. On some occasions, they may no longer be able to pay their debt to you. But on others, they might try evading repayment by hiding assets overseas. Your debtor might think their actions wily and cunning. Yet they cannot avoid paying you altogether, no matter their present...