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My Debtor Filed for Bankruptcy – What Should I Do?

My Debtor Filed for Bankruptcy – What Should I Do?

You’ve just received a notice from the U.S. Bankruptcy Court that one of your debtors has filed for bankruptcy. How should you respond? The answer depends on the type of bankruptcy that was filed. Bankruptcy Chapters Most people are surprised to learn that there are...
How Does Commercial Collection Litigation Work?

How Does Commercial Collection Litigation Work?

Not all of your debtor-businesses will pay up. Sometimes the best option for recovery is to obtain a court-ordered judgment against them. So when should you pursue litigation? And how does collection litigation work? When to Consider Litigation If there are no...
How Do Commercial Debt Collections Differ from Consumer Collections?

How Do Commercial Debt Collections Differ from Consumer Collections?

You’re a business owner who’s decided it’s time to hire an agency to collect on your past-due accounts. But finding one that’s right for you can be confusing and stressful. First of all, should you retain a consumer collection agency or a commercial collector? It’s...