Legal Assistance For Businesses In Texas
The Wilson Law Firm is the Rio Grande Valley’s most experienced creditor’s rights law firm for bad debt recovery. The Firm is a trusted resource for large and small businesses in need of help collecting bad debt. The Firm trains clients on effective debt collection policies and procedures and handles bad debt accounts at all stages. The Firm is known as an effective litigator of bad debt accounts. The Firm is best known for its post-judgment enforcement work in which a judgment debtor must be compelled to pay a judgment.
About Paul Wilson
Paul has been a civil litigation attorney for over 28 years and has practiced almost exclusively in the area of creditor’s rights law and litigation for over 25 years. He regularly consults with clients and attorneys about creditor’s rights law, commercial litigation, and post-judgment enforcement remedies. He also serves as a court appointed receiver under the direction of different courts for the purpose of enforcing the collection of judgments entered by the courts.
The Firm is known for its work in commercial debt collection,
judgment enforcement, and post-judgment receiverships.
The Firm collects business debt, meaning, debt owed by one business to another. The Firm handles all aspects of collection from collection efforts before suit, through litigation and entry of judgment, and to conclusion of post-judgment collection efforts and/or enforcement proceedings.
A substantial portion of the Firm’s practice involves judgment enforcement for the Firm’s clients after entry of judgment, for other attorneys who have obtained judgments for their clients, and for creditors with judgments from other states that need to be enforced in South Texas.
Paul serves as the court appointed receiver for various matters in various courts where judgments have been obtained but remain unpaid. Most often, a receiver is needed to enforce collection of a judgment by taking control over a debtor’s company and its cash or by selling its real and personal property.
Chapter 31 Receiverships
The Most Powerful Tool in Civil Litigation?
By Paul R. Wilson
There was a time when individuals and small corporations were able to avoid paying judgments because the types of assets they owned were difficult to find, levy, and sell. Such hard to reach assets included stock in small corporations, contract rights, account receivables, and promissory notes and other negotiable instruments.
Recognizing the inequity of this situation, in 1979 the Texas Legislature enacted what is commonly known as the Turnover Statute, Texas Civil Practice and Remedies Code Chapter 31(all statutory cites are to this chapter unless otherwise noted).