Top rated asset location law services from Lincoln & Morgan : We specialize in commercial mediation and UCC lien enforcement solutions. As specialists, we are able to guarantee the highest possible recovery of the secured assets, and where possible, effectively mediate lien releases. Oftentimes a mediated solution is achievable with the parties in lieu of collateral surrender. We diligently explore all options to ensure the best possible outcome. We consider all reasonable solutions prior to a final decision on enforcement. See more details at Lincoln and Morgan.
Full Service International Department: We (Lincoln and Morgan) have senior investigators with many years of experience that have recovered in over 70 countries and have the means and capabilities to do so in over 200 countries worldwide. We (Lincoln & Morgan) maintain a multilingual staff and offer translating services in over 100 countries. Flexibility in Approach: Historical studies conducted by the U.S. Department of Economics reveal that each day after a receivable becomes 90 days past due, you have a problem, regardless of the reasons provided by the customer. We (Lincoln & Morgan) can do the “soft audit” mediation for your existing clients through a full-scale litigation recovery effort.
Other advantages of mediation include: the process is consensual – either party can walk away; the process is forward-looking and can maintain the business relationship between the parties more effectively than litigation/arbitration, which are both retrospective and antagonistic forms of dispute resolution; what is said in mediation is confidential and without prejudice (up to the point where agreement is reached)4; and the parties are able to agree on solutions that would be beyond the scope of a judge or an arbitrator, for example, finding a “win/win” solution by introducing commercial issues not the subject of an existing dispute.
Delinquent accounts are the brakes that bring companies to a screeching halt. The economic exigencies of recent years has pushed many companies to extend the time they will permit an accounts receivable to age prior to instituting formal recovery efforts. Based on the survey of members of the Commercial Recovery Agency Association, this loosening of payment requirements is a severe negative impact on company’s cash flow and profits. In fact in many cases it leads to companies struggling financially and even going out of business altogether.
Below are some common issues to look at when considering whether the UCC lien against your business is legitimate: Overbroad- Does the collateral named in the UCC lien relate to the contract you signed with the merchant cash advance company, or did the company claim much more collateral than you agreed? Unclear- When you read the collateral in the UCC lien, is it clear what collateral you have allegedly pledged? Unfair- What or how much collateral should you pledge for a merchant cash advance? Did the merchant cash advance company take collateral in everything your business owns?