Collection Attorney Pursues Fraudulent Transfers

Debt Collection Attorney Pursues Officers of Companies  for Fraudulent Transfers

Creditor fraud is more abundant with a tighter economy.  Many officers of companies believe they can simply close down one corporation and then open up another company without liability. Our debt collection law firm concentrates on litigating these types of cases. Our debt collection attorney will look to assert personal liability on the officer of the company, your customer and the newly formed company  by asserting  various fraud claims, including claims brought under the uniform fraudulent transfer act.

Collecting your money-Debt collection methods

Guide to Internal Debt Collection Procedures

Collecting  Past Due Invoices

Our debt collection law firm has represented all industries, including insurance companies seeking to recover insurance premium, staffing agencies, commercial lender, material suppliers, just to name a few.  No matter what industry your company is in, it is important to take early steps to help eliminate a greater account receivable.  Let our debt collection law firm put together a debt collection strategy to help your company collect more past due accounts from your customers. We are not a commercial debt collection agency. There is a vast difference between a collection agency and a debt collection law firm. Collection agencies can send debt collection letters and make phone calls to try and collect past due accounts, however, collection agencies are not licensed to practice law and would have to send the account to a collection attorney to attempt collection of the account receivable if the collection agency was unable to collect the debt.

Collection Agencies Cannot Practice  Debt Collection Law

We invite you to call our debt collection law firm and ask to speak to our collection attorney.  The collection attorney will review your case and discuss various scenarios that may come into play while attempting collection of your company’s past due account. Our collection attorney has also authored a book on how to set up internal debt collection procedures and practices.  We cannot promise we can collect all outstanding accounts, but we can put your company in a better position to collect the money that is due for services rendered or  goods sold and delivered.

 

Can Officers of a Corporation Be Personally Liable for Goods Shipped or Sevices Provided

Yes, in instances of fraud or if it is proven that the officers made negligent misrepresentations of fact, the officers of a corporation can be held personally liable for the debt of a corporation. A good example would be when the debtor corporation places an order for $1,000.00 of goods and or services but, in reality the corporation, at the time, only had the financial ability to pay for $150.00 . When subsequently trying to collect money due, a creditor should revisit the representations made by the debtor’s agents or employees pertaining to the credit transaction.

Stephen Gebeloff Florida Collection Lawyer

“Aggressively Pursuing Our Clients’ Interests  Tempered by Seasoned Professionalism”

If a creditor is anyway mislead as to the debtor’s creditworthiness, or it can be shown that the officers of the debtor corporation knew or should have known the debtor could not afford the goods or services (equitable insolvency), a creditor may be able to impose personal liability on the officers.Please feel free to contact our collection law firm and speak to our collection attorney about the specific facts surrounding your debt collection case. You  can email your supporting documents to our collection firm. Our Florida collection attorney will review your account and then contact you to devise a  collection strategy for your company.

Stephen B. Gebeloff, P.A.
5255 N. Federal Hwy., 3rd Floor
Boca Raton, FL 33487
(561)953-4600
fax(561)953-4610
steve@gebelofflaw.com

 

Collecting on Fraudulent Transfer in Florida

Florida Collection  Attorney and Collection Law Firm

Florida Collection Attorney and Collection Law Firm

In Florida if principals of a company who are trying to avoid paying the debts of the company attempt to transfer funds and or open up another company, Florida law allows creditors to bring a third-party action against the officers and the new entity to attempt to recover their money. Many debtors in Florida believe simply by transferring money to another person and or opening a new business will put their assets out of reach of creditors in Florida.

With a proper motion brought before a Florida Court, the Judge will grant joinder. This means the officers who transferred money and the new entity will be brought into a Florida lawsuit brought to collect money from the original debtor.

Just because a business appears t be closed or administratively dissolved our Florida Collection Law Firm and Collection Attorney will investigate to see if there is a possibility to assert a cause of action for transferring the money.

Call us if you have any questions about successor liability in Florida for transfer of assets. It is easy to place a Florida collection account with our firm. You may mail or email your supporting documents to our collection firm. Our Florida collection attorney will review your account and then contact you to devise a strategy for your Florida collection matter.

Stephen B. Gebeloff, P.A.
5255 N. Federal Hwy., 3rd Floor
Boca Raton, FL 33487
(561)953-4600
fax(561)953-4610
steve@gebelofflaw.com