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October 2018 Archives

Defending the rights of creditors

Often, people hear about debt from the perspective of someone who has borrowed more than they can ever afford to pay back. Write-ups and opinion pieces often focus on the challenges that debtors face, but it is important to draw attention to this issue from the perspective of creditors as well. Regrettably, delinquent borrowers have cost many creditors a staggering amount of money and the consequences of these debts can be overwhelming. In West Palm Beach and all over the state of Florida, creditors should go over their options and do what they can to recover debts.

Beware Violating An Automatic Stay

Once a debtor files for bankruptcy, the court places an automatic stay that prohibits creditors from taking further collection actions. However, some creditors do not always heed the automatic stay. Usually, this is not deliberate; it is simply because the creditor does not realize that the court has placed a stay.

Ways that consumers can avoid becoming victims of fraud

When people in Florida are looking into a new product or service, they often place a large amount of trust in companies to provide precisely what they promise. However, there are times when businesses use fraudulent marketing or advertising tactics to take advantage of unsuspecting consumers. While fraud and scams are unavoidable at times, the efforts that consumers take to protect themselves can be quite advantageous when used with vigilance. 

Protecting commercial interests in the collections process

The process of collecting missed payments and owed balances from Florida customers can be frustrating for New York companies. If your business is struggling with how to collect on delinquent accounts or you are unsure of your creditor rights, it could be imperative to find out how to protect your interests. There are various legal options available to you.

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CreditorCollections, A Law Firm

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West Palm Beach, FL 33407

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