Tag Archives: Creditors Rights and Commercial Collections

Handling Delinquent Customers: Legal Action And Collection Methods, Part II

Often times the most challenging part of operating a business is ensuring you’re getting paid for your efforts.  This involves the effective and efficient handling of delinquent customers, including formal legal action and collection methods.  Part I of this blog … Read Full Post

CATEGORY: Florida Business Litigation Blog Practice Areas: ,

3 Main Considerations When Obtaining Assignments Of Lawsuits Or Judgments As A Judgment Collection Tool

Obtaining a judgment is only half the battle.  The victorious party still needs to collect on that judgment.  When garnishing bank accounts doesn’t work and assets aren’t readily available to seize, clever creditors attorneys have obtained the debtor’s interest in … Read Full Post

CATEGORY: Florida Business Litigation Blog Practice Areas: ,

“Small” Claim Doesn’t Mean An Unimportant Claim

Many business owners have likely heard of small claims court, but are thankfully unfamiliar with it.  I say “thankfully” because the usual way a business owner experiences small claims court is over an outstanding account receivable, or because a disgruntled … Read Full Post

CATEGORY: Florida Business Litigation Blog Practice Areas: ,

Handling Delinquent Customers: Legal Action and Collection Methods, Part I

Often times the most challenging part of operating a business is ensuring you’re getting paid for your efforts.  As a business chugs along month after month, it’s inevitable that a stack of past-due accounts receivables eventually grows.  This is an … Read Full Post

CATEGORY: Florida Business Litigation Blog Practice Areas: ,

Mortgage And Note Default: Avoiding Usury Allegations

Under Florida law, there are maximum interest rates that lenders may charge. Any loan with interest in excess of the specified limit is subject to either civil or criminal usury, which means that the lender may have to pay significant … Read Full Post

CATEGORY: Florida Business Litigation Blog Practice Areas: , ,

Are Actual Fraudulent Transfer Judgments Dischargeable In Bankruptcy?

While bankruptcy proceedings generally allow individuals an opportunity to discharge many different liabilities, there are some classes of liabilities—such as those involving fraud—that are not dischargeable in bankruptcy.  The Bankruptcy Code (“Code”) prohibits the discharge of “any debt . . . for money, property, … Read Full Post

CATEGORY: Florida Business Litigation Blog Practice Areas: , ,

Fraudulent Transfers 101: What You Need To Know When Following The Money Trail

The debt collection process is based upon a creditor’s right to repayment from the liquidation of a debtor’s assets.  In Florida, there are many judicial procedures available, which allow creditors to identify, seize, lien, levy and force the sale of … Read Full Post

CATEGORY: Florida Business Litigation Blog Practice Areas: , ,

Collections Law: Necessary Steps To Perfect And Collect The Judgment

Congratulations! The court has ruled in your favor and awarded a favorable judgment. However, there is no contact with the defendant and it’s not clear what assets are in play. Therefore, you need an effective plan on how to aggressively … Read Full Post

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The Bankruptcy Code: The Automatic Stay – How It Impacts Debtors, Creditors and Trustees

What happens when a debtor is granted an automatic stay in bankruptcy court? Essentially, it halts creditors and potential creditors from trying to collect pre-bankruptcy debts. However, there are exceptions which may be relevant to your case. This video presentation … Read Full Post

CATEGORY: Florida Business Litigation Blog Practice Areas: , , ,

How To Understand Purchase Money Security Interest Or PMSI And Other Categories Of Collateral That Are Excluded From A Collateral Lien

A collateral lien may exclude some categories of collateral. This is of particular concern if a piece of property changes from one category to another. In this video presentation, Charles B. Jimerson and two additional attorneys provide a thorough explanation of purchase … Read Full Post

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