As a business owner, you need business partners and clients to pay their debts for you to generate revenue. If you advance goods and services and then wait for payment, you might find that clients often do not hold up their ends of the deal. It becomes even worse...
Month: June 2020
Proof of debt is important when collecting from insolvent businesses
There are challenges when a company tries to recover debts. One of the most difficult situations for businesses trying to recover debt from insolvent companies is the proof of debt. An important step in that process is proving the debt you are owed if a company that...
Understanding civil litigations
Bringing legal matters to court are always complex and very draining. Some people have the belief that courts only see criminal law issues, however that is not the case. Civil litigation matters have a wide spectrum and matters can vary, from divorce cases to products...
Why a law firm has advantages over a collections agency
Businesses face unprecedented challenges in today’s environment. There have always been customers who are delinquent on payments, but it is tougher than ever for small and medium-sized businesses to survive when they have a lot of unpaid invoices. At the same time,...