Collections & Unpaid DebtsIf your business is owed money and is simply not being paid, an initial demand letter from an attorney is a good start. However, OLC can initiate a civil lawsuit against the debtor to obtain a judgment.
Collecting on a JudgmentIf your business alrady has received a judgment, Michigan law places the obligation on enforcing a money judgment on the judgment creditor (i.e. you). There are numerous legal tools available to collect on a judgment, including:
- Garnishments (from salaries, bank accounts, etc)
- Judgment liens
- Debtor examinations
- Property seizure
- Self-help (in limited circumstances)
- Installment plans
- Asset seizure
Legal counsel from Outside Legal Counsel PLC can assist you in this process.
Contact us today.