California Debt Collection Blog

The role of a forensic accountant in difficult collection cases

An individual owes your business a significant amount of money. Despite having a job, a vehicle and a house, they claim that they simply cannot make payments on what they owe you and default on the debt. Maybe they even try to file for bankruptcy to keep you from suing them or move some of their assets to a different form of ownership. People often try to...

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3 kinds of debts to pursue when a debtor dies in California

What happens to people after death? No one knows for sure – but one thing is certain: if they are in debt in California at the time of their death, some of their debts will have to be paid. This is because California is a community property state, meaning that a marriage or a registered domestic partnership makes both parties one “community.” This gives...

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Piercing the corporate veil can help you collect on debts

One of the benefits of starting a corporation or LLC is that the business entity protects the owner(s) from any personal liability. If the business fails, if it faces a major lawsuit or if it accrues substantial debt, the company and not the person who runs the business will be financially responsible. While this system protects people from major losses...

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Understanding California’s statute of limitations on debt collections

Companies that extend credit to individuals and those that offer billing after service have been performed will often wonder how they can collect on those debts. While many people who utilize credit to pay for things will take care of those bills, there are some cases in which companies will have to fight for what they’re due. California laws set specific...

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Can someone give away assets instead of repaying their debt?

People who owe more money than they can reasonably repay sometimes go to great lengths to avoid taking responsibility for their own debts. Sometimes, they will go as far as to quit their job to avoid wage garnishments or get rid of their own property so that creditors can't claim that property in a civil lawsuit. If you see the signs of someone...

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COVID relief redefined debtor obligations and collector rights

The ongoing pandemic has created a shifting economic landscape that continues to challenge struggling consumers and businesses. Bankruptcy may no longer be unavoidable and might be a more attractive option. A recent change in federal law will impact how debtors can reorganize their obligations and how creditors can seek payment for services rendered. In...

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