Developing the Debt Collection Strategy Best Suited to Your Claim
Many commercial creditors find that entry of judgment by default or by summary process represents the least difficult step on the path between an unliquidated claim and the collection of money or other assets from the debtor in default.
At Grumer & Macaluso, P.A., our experience with all stages of the debt collection process enables our attorneys to offer sound advice and efficient service in the recovery of troubled debts after entry of judgment. Contact us in Fort Lauderdale to learn about the range of the options and enforcement strategies available in your situation.
Effective Approaches to Commercial Debt Collection in Florida: 888-587-5549
The goal in post-judgment collections is to identify, attach and recover assets currently — or in some cases, previously — owned by the judgment debtor for application to the liquidated debt. Our law firm's Florida commercial debt collection lawyers work to achieve these objectives on behalf of local judgment creditors, national corporations with claims against debtors with assets in Florida, creditors in foreign countries who need to domesticate and enforce claims against Florida debtors, and creditors of all kinds who need advice against proceeding against transferees and successor entities in Florida.
No matter where your judgment was obtained, Grumer & Macaluso can file it with a Florida court and examine your options for collecting it. In many situations, we will be able to proceed against real property or bank accounts in any Florida county. In other cases, we will need to trace assets into the hands of third parties, especially when the assets transferred would otherwise have been available to meet the claims of the judgment creditor.
In cases involving personal guarantors, the broad scope of the Florida homestead exemption will present its own problems for the creditor who needs to proceed against residential real property in order to realize its claim on a guarantied business debt. If we can show that the proceeds of a loan or the sale of covered collateral were effectively converted by the individual guarantor through use of the homestead exemption, we can usually present a strong case for an exception to discharge in bankruptcy court while pursuing other avenues of relief against solvent defendants and transferees.
Contact the South Florida Business Attorneys of Grumer & Macaluso
Whether your case presents indications of fraud on the part of your debtor or instead reflects difficult market conditions and declining collateral values, our wide-ranging but efficient approach to the enforcement of in-state and foreign judgments against Florida assets can benefit you from the examination of the debtor to the execution of process upon substantial assets. Contact Grumer & Macaluso in Fort Lauderdale for additional information.
