It is important to understand that litigation is not the only option when it comes to handling contract disputes. In fact, it is usually better to avoid litigation if at all possible. Litigation can be expensive, ruin valuable relationships and be time consuming....
Month: October 2022
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Creditors’ rights in bankruptcy
Bankruptcy allows people with significant debt to pay, settle and discard various claims. Debtors who file for bankruptcy must pay certain creditors and may have to liquidate assets. If you are a creditor, you should know your rights if someone who owes you files for...
What does a collection agency do for your business?
You rely on your clients to pay their monthly bills if you offer credit cards, loans or other types of financing for products or services. When clients fall behind on their bills or have outstanding balances, you have a right to the debt. Sometimes, businesses may use...