Archive for February, 2009
Collection of Business Debts: Tips for Businesses Looking to Protect and Maximize Revenue
Proactively addressing overdue accounts and business debt is crucial to a business maximizing revenue. In previous posts, Griswold Law addressed its approach to collecting business debts, as well as its approach to enforcing judgments. Below are key steps that can be taken by any business to avoid delinquent accounts and collections difficulties. Keep copious records [...]
Business Collections: Unpaid Invoices, Breached Contracts, Unenforced Judgments
Businesses need revenue. Without it, they fail. Therefore, businesses must not ignore late payments, unpaid invoices, breached contracts and unenforced money judgments. The longer this delinquent debt sits, the harder it is to collect. Many times, businesses fall victim to customer’s excuses or they convince themselves they are too busy and simply give up on [...]
Contract Disputes: Attorneys’ Fees Clauses
Most disputes between businesses relate back to a pesky contract. Within that contract are paragraphs and paragraphs of terms, obligations, rights, reservations, promises, guarantees, and on and on. Unfortunately in many instances, the first time parties truly analyze or pay attention to those paragraphs is when they find themselves in a dispute…sometimes years after signing [...]
California’s Foreclosure Reform Law (SB 1137): Property Maintenance Requirements for Lenders
This article is one of several entries regarding California’s recent enactment of its Foreclosure Reform Law (SB 1137). The general purpose of the new law is to alleviate the negative effects of the rising foreclosure rate in California on lenders, borrowers and renters. Section 5 of SB 1137 states that the legal owner of vacant [...]
California’s Foreclosure Reform Law (SB 1137): Loan Modifications Encouraged
This article is one of several entries regarding California’s recent enactment of its Foreclosure Reform Law (SB 1137). The general purpose of the new law is to alleviate the negative effects of the rising foreclosure rate in California on lenders, borrowers and renters. Section 3 of SB 1137 is a pronouncement supporting and encouraging lenders [...]