What is the likelihood of recovery on my claim turned over for commercial collections?
The answer to this questions depends upon a number of factors including the age and size of the receivable and what it is for, whether the debtor is still engaged in business, whether the debtor has unencumbered assets, whether or not the debtor is a defendant in other litigation, and whether there are prior unsatisfied judgments against the debtor. In addition, the more information you are able to provide regarding the debtor, such as where the debtor banks, or the debtor’s primary customers or clients, the better the chances of recovery.
Related Questions
- If a live activity is turned into an enduring material, do faculty disclosure and acknowledgement of commercial support still need to be made?
- What is the likelihood of recovery on my claim turned over for commercial collections?
- What is the likelihood of recovery on a claim turned over for commercial collections?
