Bender Commercial Collection Law
New Jersey Business Collections Attorney
Our recent collection law blog articles
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.
For New Jersey businesses, out-of-state customers raise the question of where to sue for non-payment. This article will discuss what factors you should consider, and how to make sure the choice is yours.
After winning a judgment, you still need to collect it. Having the right business records can help you find the debtor’s assets. This article will discuss the records you’ll need to satisfy a business collections judgment.
In a business collections lawsuit, you’ll need certain evidence in order to win a judgment. Having the right records is crucial. This article will discuss what issues you’d need to prove and the business records you’d need to prove them.
The first rule of accounts receivable collections is return on investment. Sure, you want to get paid as a matter of principle, but you also need to look at it practically. This article will discuss the issues of cost and collectability in deciding whether to sue for unpaid receivables.
In accounts receivable collections, after you call the customer, whether you should sue or settle will depend on his response. In this article, we’ll discuss different responses you’ll receive, and whether litigation or diplomacy is your better option.
While demand letters that threaten suit are common in business debt collections, they don’t often work. This article will discuss why demand letters are usually ineffective, and why diplomacy and litigation are your best tools for getting paid.
Whenever you have past-due accounts, the first thing to do is contact the customer. In this article, we’ll discuss the importance in commercial debt collections of reaching out early, understanding the customer’s reasons in the hope of resolving them, and documenting them in case you have to sue.
In most cases, there are 3 basic reasons a customer doesn’t pay: either it can’t pay, it doesn’t want to, or it has a genuine dispute. How you deal with nonpayment should depend on the reason. This article will discuss a practical approach to collecting unpaid invoices in each situation.