Collection Actions

BLF has represented banks and lending institutions for years, and the compact nature of our practice allows us to focus laser-like on your bank’s specific foreclosure and collection needs, so that such matters are not stretched out for months, or even years. Our extensive history of bringing both commercial and residential real property foreclosure actions, as well as foreclosures against personalty (personal property), insures that you will have an experienced hand guiding your bank’s collection litigation. Moreover, BLF understands well that, oftentimes, securing the judgment is only the first step in collecting from the debtor; we have a streamlined, detailed, tested system in place for post-judgment collections, from execution of the judgment (the sheriff’s collection attempt) to the debtor exam (question and answer session with the debtor concerning finances) and beyond. Collecting from debtors requires tenacity—BLF doesn’t quit until you say so, or until we find something to collect.

Sometimes, your bank or lending institution will reduce a claim against a debtor to judgment (making him a judgment debtor), only to have that debtor move to another state, perhaps hoping your bank’s judgment won’t follow him there. Or, your out-of-state bank may have a judgment debtor move to South Carolina, perhaps hoping that the foreign judgment (judgment from a state other than S.C.) will be unenforceable here.   Even when a judgment debtor doesn’t physically relocate, he may have property or assets in another jurisdiction that can be used to satisfy your bank’s debt. That’s where BLF comes in: we have extensive experience with the Uniform Enforcement of Foreign Judgments Act (UEFJA), and our methodical protocols for enrolling judgments ensures that we spend less time and money focusing on the judgment’s enrollment, and more time focusing on the judgment’s collection.