Stephen Hammers’ Commercial Collections Blog
Stephen Hammers is an Orange County attorney specializing in commercial collections. His articles below are intended for businesses involved in nonperforming or under-performing contracts and collection companies.
WAGE GARNISHMENT: A MINEFIELD FOR ORANGE COUNTY BUSINESSES
Wage garnishment in Orange County is as difficult as it is in the rest of the country. More than 10 percent of employees between the ages of 35 and 44 had their wages garnished last year, according to a new study by payroll company ADP. That’s a staggering figure, and it creates a serious problem […]
FANNIE MAE WILL CONTINUE TO BACK LARGER MORTGAGES
Fannie Mae and Freddie Mac, the quasi-government entities that insure or repurchase a high percentage of mortgages in the U.S., will continue to back mortgages as large as $417,000 – and as large as $625,500 in some high-value areas. That’s the word from the new director of the Federal Housing Finance Agency, which oversees the […]
On-line customer harassment and bad Yelp reviews – What’s a business to do?
One of the major concerns that many businesses have in seeking accounts payable, or even in litigating against other businesses who have breached contracts, is negative press. A lawsuit never looks good, even when a business is “in the right.” Most businesses seek to appear “above the fray” and not given to litigation. One serious […]