Bounced Check Recovery: Here’s What You Should Always Do
If you’re often getting paid through a check, sometimes bounced checks happen. And while bounced checks might feel like you are being tricked or scammed, the customer might have made an honest mistake. It’s, therefore, crucial to contact the customer and try to resolve the situation as soon as possible. However, if the customer is […]
Commercial Collections vs. Consumer Collections
All collections can be divided into two types – commercial and consumer. The lines are often blurred because of the nature of what is being collected, but generally speaking, there are clear differences between commercial and consumer debts. Whatever your current position is, understanding the differences is important for tackling debt collection effectively. What are […]
Delinquent Debt: Exploring Legal Options for Lenders & Debtors
While you may not wish for it, it isn’t unheard of for debtors to miss a payment due to various reasons. Such cases may leave you at a disadvantage, especially if you are in dire need of payment. Whereas debtor’s prison is a relic of the past, there are a number of legal options that […]
Michigan Repossession Laws: Everything You Need To Know
Dealing with a party that has defaulted on their car payment can be tasking, and rightly so. You have to make attempts to repossess the car without breaking Michigan laws that govern said recovery. This article delves into all you need to know about Michigan repossession laws and how best to protect yourself in the […]
Residential Evictions in Michigan: How to Evict a Tenant in Michigan
Residential evictions have become a hot topic in Michigan. As you probably know, COVID-19 destabilized everything. But as things normalize, a lot of the past restrictions have been lifted. Thus, eviction laws in Michigan during the pandemic are slowly easing up. As a landlord in Michigan, you’d probably want to know whether you can evict […]
Breach of Contract Defenses: Everything You Need To Know
Have you entered into a contract with another party, but they have dishonored the agreement or acted in bad faith? When you enter into a contract with another party that is supposed to pay you some money, there is a chance that they may fail to honor the terms of your agreement. A breach of […]
Commercial Debt Recovery: Practical Guide To Debt Collection
Late payments or missed payments can leave severe, even unrecoverable, damage to a business and with COVID-19 restriction, it’s important more than ever to keep your cash flow steady and predictable – in order to stay afloat. To help businesses and creditors out, we have written a practical, in-depth guide to commercial debt recovery that […]
Collection Attorney vs. Collection Agency: Everything You Need To Know
Many creditors have an internal “collection attorney vs. collection agency” debate when seeking help with debt collection without ever understanding the key differences between the two. And unfortunately, creditors who make a mistake and pick the wrong option may never end up getting repaid. If you hire a debt collection agency when you should be […]
How To Choose the Best Commercial Debt Collection Attorney – Practical Guide
If you’ve ever wondered how to choose the best commercial debt collection attorney – you’ve come to the right place. Creditors who attempt to collect unpaid debts without legal assistance could face severe and costly consequences. Luckily, debt collection attorneys possess the expertise needed to collect on commercial debts while avoiding costly legal battles or […]
Should I Hire an Attorney to Collect Debt? Here’s Everything You Need to Know.
With over 71 million Americans having debt in collections, there are untold millions out there waiting to be repaid. Many business owners and contractors are owed huge sums of cash they may never see or spend without a debt collection attorney. If you’re a business owner asking, “Should I hire an attorney to collect debt?”, […]