Muller Law Firm: May 2017

Monday, May 15, 2017

Writs of Seizure

What is a Writ of Seizure?

Is it the best course of action?

Is it worth it?

According to Steven A. Harms, former senior partner with at Muller, Muller, Richmond, Harms, & Myers, P.C., although issuing a Writ to Seize assets is often the first action taken following the entry of a money judgment for a specific amount of money—it really shouldn’t be a knee jerk reaction to collecting the judgment. In fact, it may not be the best course of action at all. The fact of the matter is that there are points along the collection path that require a certain amount of good old fashioned strategy.

Once you have entered your money judgment for a specific amount of damages, and the 21 day appeal period has run, ask yourself: “what is the most effective way to collect this judgment?” That may involve contacting the judgment debtor for collection; using garnishment to tap into property held by third parties; or using the Writ of Seizure to acquire property held by the defendant.

The Muller Law Firm has been a successful collection law firm in Michigan for more than 56 years. This is possible because our experienced and qualified attorneys work hard to get results for you. Not only do we listen to our clients concerns, but we also help each of our clients figure out an effective strategy to collect their receivables.

Call An Experienced Debt Collection Attorney in Michigan Now!

If you’re a business owner, you may decide that having a debt collection law firm work on your unpaid invoices is your best choice. That’s an area we specialize in, and we’re happy to discuss your options.

The law firm of Muller, Muller, Richmond, Harms & Myers, P.C., has successfully represented and handled collection matters for more than 56 years. Our attorneys know how to get results for our clients and they’re dedicated to getting a satisfactory outcome. Contact our debt collection attorneys in Michigan today at (248) 645-2440 for a free no obligation consultation.

Monday, May 1, 2017

Retail Debt Collection Options in Michigan

Do you own a small or large retail store?

Do you have a hard time getting debtors to pay their credit card balance?

Do you have many accounts that are in default?

In our retail debt collection practices, we frequently utilize the following post-judgment debt collection techniques:

Writs of Garnishment – These can be issued for wages, tax refunds, bank accounts and other sources of income to the consumer/debtor.

Writs of Seizure – These can be obtained for property, both personal and real estate. Once we discover what property the debtor has, we’re able to go through the appropriate legal channels to send a court officer to seize and later sell their assets. We find that dispatching a court officer to a debtor’s residence is usually enough to convince them that we’re very serious about collection matters against them.

Subpoenas - Debtors must appear for creditor’s examinations either in court or our office with their tax returns, income documentation, titles to assets, bank account statements, etc. If the debtor fails to appear, we can obtain a bench warrant. Again, many debtors find this technique very serious.

Receivership Orders - A receiver is an individual who "steps into the shoes" of a consumer debtor and/or his business to run his or her affairs. The receiver investigates and collects the assets of the debtor and/or his or her business, converts them into cash, and pays the appropriate funds over to the creditor.