Whether it’s buying a home, applying for credit or accepting a new job, people and businesses are drafting and executing contracts every day. Often, these contracts are not understood by the individuals signing them and perhaps not even read. Even lawyers such as this one have signed (or clicked) without reviewing all of the fine print. Nobody likes reading through …
Cashing a Customer’s Check: What Creditors Need to Know about Accord and SatisfactionBy James R. VannAttorney at Law We had a webinar on this topic on Tuesday, May 13, 2014 from 3:00 – 3:30 p.m. Our webinar was titled : Handling Money of Others – Sales Tax, Escheat Property & Cashing Checks. Visit our event page for details. You have billed a …
Commercial Credit Application – What Information Is Really Necessary?By James R. VannAttorney at Law The first step in collecting a delinquent account is obtaining information about the debtor. The credit application is usually the best source for obtaining valuable information about the debtor and the assets of the debtor. If the necessary contractual formalities are in order (i.e. date, terms, signatures, …
In today’s credit-driven society, disputes and complaints are an almost everyday occurrence. The time and resources expended to reach a reasonable solution to even minor disputes substantially increases the cost of doing business. Attorney’s fees and litigation costs are far from rare. In facing the dilemma of backed-up court dockets and mounting public frustration at the perceived inability to quickly …
