Bender Commercial Collection Law
New Jersey Business Collections Attorney
In business collections, a well-drafted settlement will end your lawsuit in 1 of 2 ways: either dismissal if your customer pays the settlement amount, or a judgment if it doesn’t. This article will discuss how a good Stipulation of Settlement provides for either contingency.
Corporations and limited liability companies are business structures that shield their owners from personal liability. Because the entity is considered its own person, the owner usually isn’t responsible for its debts, which can make collecting receivables harder.
When a customer owes you money, can its owner transfer assets to a new corporation and start over debt-free? Or will the new company inherit the debt to you? This article will discuss successor liability in collections — what it is and when it applies.
In a shell game, the operator uses identical-looking shells and sleight of hand to keep you guessing where the pea is. The same may occur in business collections. This article will discuss how crafty customers use corporate shell games to frustrate collections, and how you can defeat them.
Winning a judgment doesn’t guarantee payment, but it does give you the right to lawfully seize property. The process of seizing property to satisfy your judgment is called execution. This article will discuss how it operates in New Jersey.
When collecting past-due invoices in New Jersey, the Statute of Limitations is normally 4 years to bring a suit for goods and 6 years for services. But missing this time isn’t always fatal, since the facts of a case sometimes restart the statutory period either before or after it expired. This article will discuss what facts will restart the SOL, and how you can prove them.
In New Jersey, the Statute of Limitations is generally 4 years to collect for a sale of goods and 6 years for services. Yet missing it should never be an issue. This article will discuss how to avoid the SOL pitfall in accounts receivable collections.
A Statute of Limitations is a law limiting how long you have to bring a lawsuit for a particular claim. When collecting unpaid invoices, it depends on whether you provided goods or services. This article will discuss how long you have to sue for non-payment, and why you should never wait that long.
In some situations, the doctrine of unjust enrichment lets you sue for non-payment, even without an enforceable contract. This article will discuss what unjust enrichment is, how the doctrine works, and why it’s still better to rely on an enforceable contract.
The general rule in New Jersey is that oral contracts are enforceable unless a specific law, called a Statute of Frauds, requires them to be in writing. This article will discuss when you can sue for non-payment on an oral contract, and why a written agreement is always preferable when collecting accounts receivable.