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Retaining property from a borrower with financial troubles

On behalf of Delev & Associates, LLC | Dec 16, 2020 | Commercial Collections

Creditors have a legal right to consider proactive measures to protect assets when a borrower begins running into financial problems. Rather than wait for a borrower to default on a mortgage and file a bankruptcy petition to avoid foreclosure, a lender may seek to...

Tips for creditors involved in a bankruptcy

On behalf of Delev & Associates, LLC | Jul 15, 2020 | Commercial Collections

There is no question that businesses and the economy have had a rough 2020. Things have been especially challenging for small businesses whose revenue has dried up while others still hold on. Those that survive can credit strategy, hard work and a certain amount of...

What can you do about bad debt?

On behalf of Delev & Associates, LLC | Jun 29, 2020 | Commercial Collections

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...

Understanding civil litigations

On behalf of Delev & Associates, LLC | Jun 26, 2020 | Business Litigation, Commercial Collections, Contract Disputes

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

On behalf of Delev & Associates, LLC | Jun 24, 2020 | Commercial Collections

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,...

Recent Posts

  • Can you recover the costs for materials with a mechanic’s lien?
  • Retaining property from a borrower with financial troubles
  • How does foreclosure work in Ohio?
  • What are a creditors’ collection options?
  • What are the remedies for a contract breach?

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