Posted on by Bob Bernstein
Part 1: The Double Whammy Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. Creditworthy News Almost every credit manager has been faced with the “double whammy.” Your customer files bankruptcy and you …
Posted on by Bob Bernstein
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 …
Posted on by Bernstein-Burkley
When your debtor won’t pay or breaks a deal, you want action fast. Here are the ways you can get that fast action with the Creditors’ Rights Practice at Bernstein-Burkley, …
Posted on by Bernstein-Burkley
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 …
Posted on by Bernstein-Burkley
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 …
Posted on by Bernstein-Burkley
It may not be obvious, but the best time to settle debt litigation is before it starts! But if that isn’t possible and litigation is the next step in turning …
Posted on by Bernstein-Burkley
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 …
Posted on by Bernstein-Burkley
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 …
Posted on by Bernstein-Burkley
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 …
Posted on by Bernstein-Burkley
Time is money. Strike while the iron is hot. The early bird gets the worm. He who hesitates is lost. There’s a pattern. The better creditors’ rights lawyers understand the …