Category Archives: Collections
How Businesses Actually Collect Commercial Judgments in California: Strategy, Timing, and Common Pitfalls
California provides a comprehensive statutory framework for collecting money judgments, but the existence of remedies does not ensure recovery. Many commercial judgments remain partially or entirely uncollected because enforcement is approached reactively rather than strategically. From a plaintiff’s perspective, successful collection depends less on knowing that tools exist and more on how and when… Read More »
Enforcing Money Judgments in California: Legal Procedures and Remedies for Businesses
A business that wins a breach of contract case has not necessarily solved its collection problem. In California, obtaining a money judgment and collecting on that judgment are legally related but operationally distinct stages of the same dispute. The first ends with entry of judgment. The second begins immediately afterward and is governed by… Read More »
Legal Strategies for Recovering Unpaid Debts: From Negotiation to Judgment Collection
In the world of business, unpaid debts can strain relationships and disrupt cash flow, posing significant challenges to the financial stability of a company. Business-to-business (B2B) collections require a strategic approach, blending negotiation skills with legal acumen to recover what is owed while maintaining professional relationships. In this blog, we will explore the comprehensive… Read More »
Effective Techniques for Business Collections
Businesses need to be able to collect outstanding financial obligations in a timely manner. If another company owes your firm money, it could lead to a serious dispute—even litigation. There are proactive strategies that businesses can use to secure their finances. Here’s what you need to know about business collections. Tips for Business Collections… Read More »
Are Your Collection Calls Yielding Results?
According to a recent report from CNBC, debt delinquencies are on the rise in the United States. With trillions of dollars of commercial debt and consumer debt outstanding, this has major implications. For businesses seeking to collect on outstanding financial obligations, a well-crafted collection strategy is a must. Are you making collection calls to… Read More »
What is Commercial Debt Collection?
Whether it is initial financing, a capital infusion, or outstanding accounts receivable, many companies take on debt. According to data from the Federal Reserve Bank of St. Louis, there is well over $1 trillion in outstanding commercial debt in the United States. Commercial debt collection can be especially complicated. For businesses collecting on debt,… Read More »
Six Tips for Making Collection Calls that Get Results
Cash flow is a challenge for virtually every business. When a customer or other party fails to pay for goods or services in a timely manner, it can create real problems for your company. A proactive and solutions-driven collection strategy is a must. At the Law Offices of Andrew Ritholz, we help clients collect… Read More »
Does the FDCPA Apply to Commercial Collections?
The Fair Debt Collection Practices Act (FDCPA) is a federal law regulating the behavior of debt collectors when attempting to collect a debt from consumers. The FDCPA prohibits certain types of conduct by debt collectors and gives consumers specific rights in dealing with debt collectors, including using abusive language and calling repeatedly or at… Read More »
How Many Times Can a Creditor Place a Levy on My Bank Account?
When a debtor owes a creditor money, there are many ways in which a creditor can collect what they owe. One of the most common methods is through a bank levy; however, a single levy does not always collect the full amount of a loan. At the Law Offices of Andrew Ritholz, our California… Read More »
Legal Actions I Can Take if a Friend Owes Me Money
Money and friendship can make a very awkward couple — and if you are in this scenario, please know that wanting to get back the money you are owed is not a bad thing. It’s a tough lesson to learn, but there are a variety of legal actions you can take if a friend… Read More »
