Creditors' Rights

Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. Creditworthy News The third statutory defense to a bankruptcy trustee’s preference action protects lenders who receive a purchase money security interest from a bankruptcy …

The creditors’ rights lawyers will generally agree to a contingent collection fee (often paid by the agency). In addition to the contingent fee negotiated by the agency, attorney’s suit fees …

The ability to just walk away after turning a debt over to attorneys for legal collection depends on a few things. Legally, it depends whether the debtor has responded to …

Once the contacts have been made, defenses (or excuses) examined, and collectability assessed, if the amount involved warrants, the lawyer will offer suit as an option to turn up the …

Most credit people have heard all the stories. The customer who doesn’t want to pay because they didn’t get the shipment. Or it wasn’t the right product. Or it was …

The short answer is that once you turn a debt over for legal collection, as the client, you should expect to be kept adequately informed of steps and progress, as …