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Protecting Your Business
If you own or manage a business in California, you may have heard of the Rosenthal Act. You may be wondering: Do these strict collection laws apply to business debts? Generally, the answer is no. However, recent changes to the law now cover some business-related...
Unpaid invoices between businesses are more than a bookkeeping problem. When a client company keeps missing payments, the question of whether to pursue legal action shifts from patience to protecting your bottom line. California law sets your filing deadline The...
When you pursue a commercial debt in court, the gap between filing a lawsuit and getting a judgment can be months or years. A debtor may use that time to transfer property, drain bank accounts or move assets beyond your reach. Fortunately, there is a way for you to...
A vendor, contractor or business partner just missed a key deadline. For small business owners in California, the ripple effect can be immediate: stalled revenue, frustrated clients and a deal that is no longer delivering what they signed up for. Under this much...
Business closures do not cancel outstanding commercial debts. Many creditors walk away when a company shutters its doors or stops its services. However, California law provides specific paths to recover money even after a business stops operating. Securing payment is...
When you operate a business in California, most owners frequently need to sign contracts. Landlords ask for them. Lenders and vendors require them. In some of those agreements, you will find a clause that raises the stakes: a personal guarantee. A personal guarantee...
If you are a creditor, vendor or in-house counsel that does business in California, winning a lawsuit will not automatically put money in your account. Debtors often delay, hide assets or refuse to pay, and that gap between court judgment and payment is where...
You finished the work, and it is time to ask your corporate client for payment. Suddenly, they begin to use various excuses to explain their delayed repayment. While this can seem valid at first, it is important to understand that these are tactics to protect your...