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What else can I help you with?
How happens if defendant has no assets?
If the defendant has no assets, they may not be able to pay a monetary judgment against them. In such cases, the plaintiff may not be able to collect on the judgment unless the defendant's financial situation changes in the future.
How can a business collect debt?
A business can collect debt by getting a collection agency to collect the debt. A business could also take it up in court or by putting a lien on the debtor's property.
How to collect fund for small business?
You can collect funds for small businesses by having investors for your business. You need to convince people why this business needs to exist and what benefits it will bring to them.
How do you collect proceeds from a settled lawsuit if the defendant died?
You would need to make a claim against the defendant's estate if there is one. You should seek legal advice of an attorney if the claim is substantial. An attorney can have an asset check performed to see it the defendant owned any property.
Debt collection abroad?
Debt Collection Agencies can collect abroad but the agencies that collect abroad are usually commercial collection agencies that deal business to business
What do bustboy do?
they collect the busted baseballs in the field
Why inland revenue department is interested in the business activities?
cause they collect the taxes of the business
Why was the crop lien system bad for merchants?
. If they could not collect what they were owed, they went out of business.
How do you collect a Civil Court judgment if the defendant declared bankruptcy?
If the defendant declared bankruptcy, you may need to file a claim with the bankruptcy court to try and recover the debt owed to you. However, your ability to collect on the judgment may be limited depending on the type of bankruptcy and the specific circumstances of the case. It's advisable to seek legal counsel to understand your options and rights in this situation.
Does double jeopardy allow a defendant to collect double damages in a lawsuit?
Double jeopardy applies to criminal cases and prevents a defendant from being tried twice for the same offense. It does not apply to civil lawsuits, so a defendant could potentially be held liable for damages in a civil case even if they were previously acquitted of the same offense in a criminal trial.
What is b2b collections?
b2b stands for Business to Business. Collections is the collecting of money owed. So b2b collections would be something a group or company does to collect money owed by one business to another business. A b2c collections is when they are trying to collect money from consumers or customers for bills that haven't been paid to a business.
Why does a business written off debt as bad?
When a business has debt to collect, it is listed as accounts receivable on their books. This is considered as asset. When it becomes clear that the business cannot collect the debt, it must be written off as bad debt. This is done to remove it from the AR listing.
