Commercial Collections and General Debt Collection

Commercial Collections and General Debt Collection

After you’ve gone through all the time and expense of obtaining a judgment, what do you do when the debtor refuses to pay? It’s up to you to find a way to collect. It’s advisable to use an experienced commercial collections attorney or debt collection attorney, such as you will find at Andre Law Firm in Miami.

Debtors are usually unwilling to surrender their assets. Many of them will go to extraordinary lengths to hide tangible assets from you in the aftermath of a judgment against them. In this circumstance you need a strong ally to aid you in collection. You need Andre Law, because in the wrong hands a judgment is merely a piece of paper.

Here are just a few of the actions Andre Law Firm can take on your behalf.

Devise a Strategy for Collecting the Debt

The first step is to create a practical strategy. You want immediate relief at the lowest possible cost. Andre Law has over a decade of experience in the most efficient and effective methods of recovering commercial judgments. So the first thing we will do is review your case and devise the most direct method to obtain the money that is rightfully yours.

Investigate Assets

This part is most difficult for the layperson to achieve successfully on their own. If the creditor engages in a fraudulent transfer, it can be very difficult to attempt to recover the money on your own, or even to know that such a transfer took place. In addition, Florida already protects such valuable assets as homes, annuities, retirement accounts, and life insurance policies from creditors, so you need someone well-versed in Florida law to guide you through this legal maze. Andre Law is highly experienced in asset investigation, and can not only ferret out hidden assets, but also undertake other legal remedies to ensure that your rights are fully protected and that you receive the money that you are legally entitled to.

Renew the Judgment

Unless you are aware of this step, you could lose your rights altogether. Each judgment has a time period attached, in which the creditor has a fixed amount of time in which to collect. If you neglect to renew the judgment as well as any recorded liens before the judgment expires, you lose your collection rights permanently. Andre Law is aware of such legal minefields and can act to prevent them.

The reason as many as 90 percent of court-awarded judgments are never collected is that the claimants have no idea how to proceed. If you have received a judgment, you can’t afford to handle it without the competent and experienced representation available from Andre Law.