Bender Commercial Collection Law
New Jersey Business Collections Attorney
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.
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.
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 accounts receivable collections, prevention is the best medicine. Adopting these policies should help you avoid non-paying customers, thus minimizing collection headaches and maximizing your profits.
Not all collection matters require a commercial collection lawyer. If your business has unpaid receivables, it depends on the kind of debt and who your customers are. This article will discuss what commercial collections is, and what it isn’t, so you can determine the type of collection lawyer you need.