How to Collect Your Judgment in Michigan (and most other states)
Jan 24, 2010
Wage Garnishment If you know where the defendant works, you can garnish his wages. Its as simple as going to court clerk and asking for a Periodic Garnishment form. The clerk will charge you a doll...
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Things your collection attorney should tell you BEFORE you file a lawsuit
Jan 24, 2010
Think about negotiating a payment plan or a lump sum payment with a discount. Litigation can drag on and on. In the end, you may not get paid if the debtor is a corporation that goes out of business...
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Avoiding Collection Problems Before the Collectors Start Calling
Jan 24, 2010
Call your suppliers before they call you. If you contact your suppliers and advise them that your cash flow has been slower than normal, chances are far higher that they will work with you. After al...
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To Sue or Not to Sue ……That is the question?
Jan 24, 2010
Is the debtor collectible? This is probably the most important consideration to examine before pursuing the debt. After all, if the debtor is not collectible, there is no point in pursuing it. An u...
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Collection Agency v Collection Law Firm - Where should you place your debt?
Jan 24, 2010
Consider the Size of balances that you want collected Typically, collection law firms will not work on anything less than $1,000 while collection agencies will. Many collection agencies have “small...
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Debt Collection Pitfalls for Business Owners to Avoid
Jan 24, 2010
Don’t Ignore that Garnishment served on your business. If you have been served with a garnishment on your employee’s wages, DO NOT IGNORE IT. You must respond to the garnishment within 14 days or a ...
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