It’s common for clients to ask their debt collection attorneys, “How long will it take to collect my money?” As any legal advertisement will state, past results do not guarantee future performance. And this is especially true when it comes to debt collection. Determining how long it will take
Sitting and listening to other cases before the judge hearing your case can help you learn a judge’s style and expectations. Recently, I was in court appearing on a client’s behalf to collect unpaid tuition. While waiting for our case to be called, I had the opportunity to listen to
For large Fortune 500 companies with strict credit and collection policies, there isn’t a decision to be made about when to send accounts to a debt collection lawyer. When an account meets the criteria, it’s automatically moved. For everyone else, the decision to bring in a debt collection lawyer can
“What’s next?” is one of the most commonly asked questions in the debt collection industry. There are many phases in the debt collection process — from the initial consultation and review of the underlying claim and documentation, to sending demand letters, tracking payment updates, and making recommendations for legal action
Do you owe money and own a co-op apartment in New York? If you’re worried about the property being taken by a debt collection attorney to repay your debt, read on. There is an important distinction between a condominium (condo) and a cooperative apartment (co-op). A condo is considered real
Are you owed money by a business or an individual residing in the state of New York? If so, you should know the statute of limitations for debt collection, how long you have to collect your claim under New York state law. Like many things, debt collection claims can go
You’ve sent the invoices. You’ve made the calls. But the payments still aren’t coming. If you’re dealing with stubborn non-payers, it might be time to bring in a professional. Today, we’re breaking down 5 clear signs it’s time to hire a debt collection attorney. Sign #1: Unpaid Invoices Are Being
The Click-to-Cancel Rule, an amendment to the Federal Trade Commission’s (FTC) Negative Option Rule, was designed to protect consumers from deceptive subscription and recurring billing practices. The rule, which was announced in 2024, aimed to make canceling a subscription as simple as signing up for it. Days before the rule
What happens to the interest earned on collected debt sitting in your debt collection attorney’s IOLA account? When a creditor hires a debt collection attorney, the attorney aims to collect all that they can, including the principal, interest, and reimbursement of attorney fees. In a perfect world, the creditor would
Would a history of late or non-payment on a person’s credit report, as reported by debt collectors, affect your decision to hire that person? If so, you are part of the reason the New York State Legislature is seeking to ban the use of credit reports in employment decisions. Lenders,