Sep 4, 2023 | Commercial Recoveries
As legal professionals, we have seen firsthand the importance of keeping proper records when it comes to commercial recoveries from debtors. Keeping accurate and up-to-date records can make the process of recovering debts from delinquent customers significantly easier...
Oct 19, 2022 | Litigation and Dispute Resolution
A person may acquire rights or be released from obligations through the passage of time. This is known as prescription. The gaining or losing of rights through the passage of time is known as acquisitive or extinctive prescription. Extinctive prescription protects the...
Sep 30, 2021 | Commercial Recoveries
Nearly all business owners will at some point be in a situation where they have rendered goods and services but have not been paid for their effort. When this happens the business owner will have to decide whether to write off the debt or to try to collect it. ...
Jul 9, 2020 | Commercial Recoveries
Commercial debt recovery or business‐to‐business collection is the process whereby an attorney or other registered debt collector recovers a delinquent (outstanding or overdue) amount, plus lawful interest, administrative costs and collection fees from a business...