The Law Firm of Ivan P. Cohen 

DEBT COLLECTION

We assist clients enhance cash flow, increase bottom line profits and restore the commercial bonds with their customers.

Our knowledge of all applicable collection laws, processes, guidelines and regulations is unmatched. Our ability to combine in-depth legal research and asset-liability analysis means we can quickly and accurately analyze a case to determine if litigation, coupled with post judgment enforcement remedies is the most effective method to collect a delinquent debt.

 Related to this Practice Area:

  • Bad Checks

  • Charge-off’s

  • Credit Repair

  • Debt Negotiation

  • Delinquent Debt

  • Discharged Debt

  • Exemptions

  • Fair Debt Collection

  • Fair Credit Reporting

  • Insurance Subrogation

  • Judgment Liens

  • Post Judgment Enforcement

  • Pre-Judgment Enforcement

  • Sister State Judgments

  • PRE-JUDGEMENT REMEDIES

    A writ of attachment is a pre-judgment remedy that permits an unsecured creditor to obtain a judicial lien against the debtor’s property or have the sheriff seize and hold the debtor’s property pending the outcome of the underlying claim. This remedy prevents a debtor from selling, transferring or concealing assets which will be available to satisfy a judgment. in the creditor’s favor

  • JUDGMENT ENFORCEMENT

    Judgments are not self-executing. Once a judgment is obtained, the prevailing party must actively seek to enforce the judgment to collect any money due. A judgment is payable immediately upon entry and must be made directly to the party in whose favor it was rendered. The prevailing party is legally authorized to seize and sell the debtor’s assets to satisfy the judgment.

  • POST-JUDGEMENT REMEDIES

    A creditor may compel payment by levying on the assets of the judgment debtor. The sheriff will seize the debtor’s assets, sell them and pay the proceeds to the creditor, in satisfaction of the judgment awarded. Debtors may be arrested and imprisoned if they fail to appear in court after being ordered to submit to questioning about financial status and disclosure of assets.