Bender Commercial Collection Law
New Jersey Business Collections Attorney
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.
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.
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.
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.
In accounts receivable collections, a judgment lien is a valuable tool that can pay huge dividends. This article will discuss what a judgment lien is, how to obtain it, and how to use it to your advantage.
After you obtain a judgment, finding assets to satisfy it can take some digging. Besides your own investigations, you can use a legal process called post-judgment discovery to obtain financial information about the defendant. This article will discuss how the process can help you collect.
Collecting a judgment can be quick and easy or take years to achieve. What’s uncollectible today may be collectible tomorrow. This article will discuss short and long-term strategies for completing the business collection process.
When collecting past-due accounts, winning a judgment is only half the battle. The other half is actually collecting, which requires you to find and seize the defendant’s assets. This article will discuss the best assets for enforcing your judgment, and the best strategies for finding them.