Weinstock, Friedman & Friedman P.A

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How to handle defaulted commercial loans, part 2: Obtaining judgment and liquidating collateral

Thought Leadership on Banking and Commercial Transactions presented by Weinstock, Friedman & Friedman P.A. This article is the second of a two-part series serving as an introduction to the basic legal issues lenders face in handling defaulted commercial loans. Although bankruptcy is fairly prevalent in the world of commercial loan workouts, it is outside the scope of this article. This series will focus on two aspects: (1)
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How to handle defaulted commercial loans, part 1: Transaction workouts

Thought Leadership on Banking and Commercial Transactions presented by Weinstock, Friedman & Friedman P.A. This article is the first of a two-part series on basic legal issues lenders face in handling defaulted commercial loans. Although bankruptcy is fairly prevalent in the world of commercial loan workouts, it is outside the scope of this article. This series will focus on two aspects: (1) transactional workouts via documentation and
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Top 4 legal tools to help you turn money judgments into cash for your business

Thought Leadership on Banking and Commercial Transactions presented by Weinstock, Friedman & Friedman P.A. In our previous two articles, we discussed how to keep from accumulating bad debt and how to handle it if you end up with bad debt anyway. For this third installment in the three-part series, we will discuss how to turn that bad debt into money for your business. Let’s imagine you have
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My customer owes me money. What do I do now? Top 3 tips for handling bad debt

Thought Leadership on Banking and Commercial Transactions presented by Weinstock, Friedman & Friedman P.A You are a business owner. You are diligent, and organized. You treat your customers well. Your customers love you. But love doesn’t pay the bills. Despite your best efforts, you find yourself in a situation where you have past due accounts receivable. You want to collect them, but at the same time you
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Money trees

4 tips to stay in the green and avoid business debt

Thought Leadership on Banking and Commercial Transactions presented by Weinstock, Friedman & Friedman P.A The key to managing your unpaid accounts receivable is to not have any. That’s easy to say, of course, but much more difficult to do. However, when you employ these four strategies at the outset of the customer relationship, you will greatly reduce the chances of incurring bad debt, and greatly increase your
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thrush1 (1)ABOUT WILLIAM THRUSH & WEINSTOCK, FRIEDMAN & FRIEDMAN: Weinstock, Friedman & Friedman, P.A. is a full service law firm, including departmental concentration in commercial and retail collection, bankruptcy matters, general litigation, auto accident, workers’ compensation, business, criminal and family law.

Consistently recognized as one of the largest law firms in Maryland, Weinstock, Friedman & Friedman gives you the experience, knowledge, skill, confidence and results you would expect from a large law firm. At the same time, our small firm mentality allows us to give our clients the personal attention our clients deserve. Our goal is to achieve the best result, in the shortest period of time, for the lowest price possible, and to keep the process as smooth as we possibly can. Since the 1920’s, Weinstock, Friedman & Friedman has a long and rich tradition of providing high quality legal services at affordable rates.

Bill Thrush is a Shareholder and the Managing Partner of Weinstock, Friedman & Friedman. Bill received his JD from University of Baltimore School of Law and is an Adjunct Professor, University of Maryland School of Law Baltimore and College Park. Bill is an experienced trial attorney and has tried cases at all levels of court throughout Maryland, District of Columbia and Virginia. Bill’s practice is focused on Banking and Commercial Finance, Commercial Loan Workout, Creditor’s Rights, and Corporate General Counsel Outsourcing. In addition to these practice specialties’, Bill has substantial experience in Contract Law, Personal Injury, Workers’ Compensation, Family Law, and General Litigation. When Bill is not at the firm, he enjoys mountain biking, snowboarding, scuba diving, golf, coaching youth lacrosse, and learning guitar.

Weinstock’s headquarters are located in Baltimore, Maryland with satellite offices in Frederick and Silver Spring, Maryland, Washington D.C., Northern Virginia, and York, Pennsylvania. We also have a nation-wide network of referral attorneys who we work closely with to provide legal resources to clients regionally and nationwide.

 

www.weinstocklegal.com

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