Services

 

We specialize in:

- Judgment Recovery: If you incur a judicial judgment from the courts, and are not able to collect on this judgment, we offer our expertise and services in this field to collect on this unpaid judicial judgment.  Some of the tools that we use to collect on these judgments are asset searches, wage garnishments, bank levies, and seizure of real and personal property owned by the debtor.

- Judgment Domestication: If your debtor has removed him/her self from the state where the judgment was rendered, it can be a hassle to collect on that judgment.  Primo Judgment Recovery can take the judgment from one state and have it recognized in the appropriate state where the debtor resides.

- Fraudulent conveyance:  Is a civil cause of action. It arises in debtor/creditor relations, particularly with reference to insolvent debtors. The cause of action is typically brought by creditors or by bankruptcy trustees. The typical fact situation involves a debtor who as part of an asset protection scheme donates his assets, usually to an "insider", and leaves himself nothing to pay his creditors. However, it is not uncommon to see fraudulent conveyance applications in relation to good-faith transfers, where the debtor has simply been more generous than they should have or, in business transactions, the business should have ceased trading earlier to avoid giving certain business creditors an unfair preference (see generally, wrongful trading). In a successful suit, the plaintiff is entitled to recover the property transferred or its value from the transferee who has received a gift of the debtor's assets.

- Piercing The Corporate Veil: The corporate law concept of piercing (lifting) the corporate veil describes a legal decision where a shareholder or director of a corporation is held liable for the debts or liabilities of the corporation despite the general principle that shareholders are immune from suits in contract or tort that otherwise would hold only the corporation liable. This doctrine is also known as "disregarding the corporate entity". The phrase relies on a metaphor of a "veil" that represents the veneer of formalities and dignities that protect a corporation, which can be disregarded at will when the situation warrants looking beyond the "legal fiction" of a corporate person to the reality of other persons or entities who would otherwise be protected by the corporate fiction.

Piercing the corporate veil is not the only means by which a director or officer of a corporation can be held liable for the actions of the corporation. Liability can be established through conventional theories of contract, agency, or tort law. For example, in situations where a director or officer acting on behalf of a corporation personally commits a tort, he and the corporation are jointly liable and it is unnecessary to discuss the issue of piercing the corporate veil.




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