Bender Commercial Collection Law
New Jersey Business Collections Attorney
Our recent collection law blog articles
When collecting unpaid receivables, you want the right to sue rather than arbitrate. But even if you’ve signed a contract with an arbitration provision, you may still be able to challenge it. This article will discuss arbitration agreements in business collections and when they’re unenforceable.
Arbitration is an alternative to litigation where, instead of suing in court, you agree to let a third party decide your case. Compared to litigation, it offers both advantages and disadvantages. This article will discuss the pros and cons of arbitration in business collections.
Mediation is a process designed to help two sides resolve their differences. It can be especially helpful when you and the customer have a good-faith dispute. This article will discuss how the mediation process operates and how it can help when you sue for non-payment.
While collection agencies can’t sue your customer, they can sometimes be a good alternative to a collection lawyer. This article will discuss some situations, not involving litigation, where an agency may be better for collecting accounts receivable.
Collection lawyers and collection agencies are not interchangeable, and they each have advantages over the other. This article will focus on collection lawyers and the advantages they offer over agencies.
If your business needs help collecting receivables, it’s important to know how a collection lawyer and collection agency differ from each other. This article will discuss the main differences, so you can make an informed decision when choosing between them.
In business collections, pre-litigation settlements can save you time and money. Yet without a lawsuit pending, they can be harder to enforce. This article will discuss the pros and cons of pre-litigation settlements and how to manage the risk of nonpayment.
In a collections lawsuit, settlement reduces the risk, expense, and uncertainty of both litigation and trying to collect a judgment. Every settlement will focus on the amount accepted and the time allowed for payment. This article will discuss how to balance these issues when structuring a settlement.
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.