DOES YOUR ATTORNEY USE ALL MEANS AVAILABLE TO SEARCH OUT YOUR DEBTOR’S ASSETS

 

            Unlike others who simply file suit, obtain a judgment and then throw the debt into supplementary process and let the chips fall where they may,  I attempt to collect your debtor’s monies as I would my own. Clients frequently tell me that they have not seen anyone try to collect monies like I do. I use Lexis-Nexis, Accurint, social media, Google and any other source that comes to my imagination to hunt down your debtor’s potential assets.  If your attorney is not attempting to collect from your debtor as though it’s their own monies, you need another attorney.

             You need the LAW OFFICES OF ALAN M. COHEN LLC.

 For more information, please visit my website at www.collections-law.com, email me at alanmcohen@collections-law.com or call me at 508 620 6900.

TESTED INNOVATIVE APPROACHES TURN INTRACTIBLE DISPUTES INTO NEGOTIATED SETTLEMENTS

          Skillful, courteous, but firm negotiations yield much better results than attempting to browbeat the debtor. My negotiations begin only after I have filed suit and sought to attach the debtor’s assets. This levels the table.  Common sense dictates that if someone gets their dander up, they are more likely to pay other creditors than they are to pay you.  In negotiated settlements it is rare that you will receive the same results as you might if you were to win everything at trial.  I seek  to obtain an agreement for judgment for the full amount that you are due while incentivizing your debtor to make earlier payments on a compromised amount. I also seek to have any payment obligation secured by the debtor’s assets.  My tactics are usually so successful that after your debtors pay you, they hire me to collect their own debts!!

For more information, please visit my website at www.collections-law.com, email me at alanmcohen@collections-law.com or call me at 508 620 6900.

DEADBEAT BUSTER NEWSFLASH

WOBURN….   A bank’s debtor had a substantial deficiency post foreclosure. The bank could have left the file with its foreclosure counsel but decided to follow its corporate counsel’s recommendation and hired an aggressive debt collection attorney: Me.

      I immediately conducted asset searches looking for companies in which the debtor had an interest.  I then prepared a detailed complaint along with motions for bank attachments, real estate attachments and an expansive reach and apply injunction. I also prepared a full discovery package - - interrogatories,  document requests and admission requests to be  served on the debtor with the complaint and summons.  I sued the bank’s delinquent customer. Over debtor’s counsel’s vigorous objections, I persuaded the court to issue far reaching attachments and an injunction. I then withstood  the multiple reach and apply defendants’ attempts to dismiss the case.  After brushing off these attempts to sideline my collection tactics, I then successfully negotiated a high six figure settlement agreement which incentivized the debtor to pay the debt earlier than later.

 Can you say: KA-CHING,  KA-CHING,  KA-CHING?!!!

For more information, please visit my website at www.collections-law.com, email me at alanmcohen@collections-law.com or call me at 508 620 6900.

DEADBEAT BUSTER NEWS FLASH

FRAMINGHAM….  A plumbing supplier receives a letter from its customer’s counsel stating that he is going out of business. All creditors will have to drink from a small pool of money or get nothing at all. If the supplier agreed on the settlement, they would have received about 25 cents on the dollar. Instead, the supplier called me.

I immediately sued seeking ex parte attachments on the debtor’s bank accounts. I not only convinced the court to allow the bank attachments but also to allow the sheriff to serve the attachment multiple times on multiple banks of my choosing.  Due to my aggressive actions, the bank attachment seized the entire amount of money that I sought.  Facing threats of potential bankruptcy, I negotiated a return of 75 cents on the dollar for my client.  25% or 75%:  You decide which settlement you would want. My client chose 75%!! Can you say KA-CHING?!!