We Don’t Stop Until We Succeed
California small business owners have encountered some unexpected obstacles in the last few months that make receiving payment from those they have contracts with vital for the survival of the venture. Commercial debt collection had its challenges prior to recent...
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...
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,...
After receiving a judgment from a California court against someone who owes your business, you need to decide where to go from here. Enforcing a judgment can prove just as problematic as securing one. One option you may use to collect the money owed to you in...
Few things are more frustrating than having a business owe you money only for the company to file for bankruptcy. You may have done everything in your power to recover your financials. Unfortunately, bankruptcy protection can limit your options going forward. However,...
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...
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...
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...
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...
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...