Monthly Archives: September 2016

Steps in Suing to Collect a Debt

Pre-filing Investigation Before suing to collect a debt, as a lender you must first do the same type of due diligence investigation that you performed before granting the loan.  You should inquire about the debtor, review the loan documents with your attorney, evaluate the collateral if applicable, and investigate if any other parties have a …Read More »

Common Mistakes Creditors Make and How to Avoid Them

The objective of every loan agreement from a creditor’s perspective is to avoid having to pursue remedies against a debtor because of an “event of default.”  An event of default is a circumstance that provokes the creditor to demand full payment under the loan agreement.  Suing a debtor can be a mistake in itself.  As …Read More »

Preparing to Handle Requests for Production of Documents

Here, we’ll evaluate the process to preparing for the requests of production of documents. During the discovery phase of your lawsuit, you should expect the first exchange of information with your opposing party to be centered on document review.  Preparation for responding to requests for production of documents should, if possible, begin even before the …Read More »