Net-30 in Startup Contracts: Why It Rarely Holds
https://cghcollections.com/net-30-payment-terms-michigan-enforcement/

Compliance-first recovery — FDCPA, TCPA, and your examiners in mind. https://cghcollections.com

TL;DR: Most collection problems are visible before the first invoice is issued. #attorneyfeeshiftingprovision #creditapplication #creditapprovalprocess #creditlimits #michiganlaraverification #personalguarantee #tradereferences
<a href="https://cghcollections.com/?p=41433" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">https://cghcollections.com/?p=41433

Confession of Judgment Clauses in Michigan Contracts
https://cghcollections.com/confession-of-judgment-clauses-michigan-enforceability/

TL;DR: Settling for less than the full amount owed can preserve business relationships and cut losses short, but it also means accepting a discount on what the contract promised.
<a href="https://cghcollections.com/?p=40575" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">https://cghcollections.com/?p=40575

Collecting From a Shell Company in Michigan
https://cghcollections.com/collecting-from-shell-companies-michigan-law/

TL;DR: A Michigan judgment does not automatically carry the same force in another state. When a sister state refuses full faith and credit—whether due to jurisdictional defects, procedural objections, or dormancy—the creditor faces delay, added expense, and strate
<a href="https://cghcollections.com/?p=40607" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">https://cghcollections.com/?p=40607

Net-30 in Startup Contracts: Why It Rarely Holds
https://cghcollections.com/net-30-payment-terms-michigan-enforcement/

Demand letters that get answered — not ignored. https://cghcollections.com

The patient marksman never misses a statute date — or a debtor. https://cghcollections.com

TL;DR: A personal guarantee from the owner of a thinly capitalized LLC can be the only enforceable path to recovery when the entity itself holds no assets. #continuingguarantee #creditrisk #llc #michiganlaw #personalguarantee #suretyshipdefenses #undercapitalizede
<a href="https://cghcollections.com/?p=41429" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">https://cghcollections.com/?p=41429

TL;DR: A commercial guarantee makes a business owner or principal personally liable for corporate debt—and once signed, challenges to enforcement rarely succeed. Michigan courts enforce these instruments with limited defenses.
<a href="https://cghcollections.com/?p=40580" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">https://cghcollections.com/?p=40580

Collecting From a Shell Company in Michigan
https://cghcollections.com/collecting-from-shell-companies-michigan-law/

TL;DR: Confession of judgment clauses allow creditors to obtain judgments against debtors without filing a lawsuit, bypassing litigation and due process protections. Michigan law has long disfavored these provisions and now prohibits them in nearly all commercial
<a href="https://cghcollections.com/?p=40585" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">https://cghcollections.com/?p=40585

When a Payment Is "Past Due" vs. Legally Collectible
https://cghcollections.com/past-due-debt-vs-legally-collectible-michigan/

Your customer today, your debtor tomorrow. We collect without burning the bridge. https://cghcollections.com

When a Payment Is "Past Due" vs. Legally Collectible
https://cghcollections.com/past-due-debt-vs-legally-collectible-michigan/

Volume placements, file-level attention. https://cghcollections.com

TL;DR: Net-30 payment terms appear in most startup B2B contracts, but the language surrounding them is often vague, unenforceable, or missing the provisions that give the term teeth when a customer stops paying.
<a href="https://cghcollections.com/?p=41425" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">https://cghcollections.com/?p=41425

TL;DR: When a business customer dissolves, moves assets into a new entity, or leaves behind an empty shell, Michigan law provides remedies that look beyond the vanished company to its owners, successors, or affiliates.
<a href="https://cghcollections.com/?p=41576" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">https://cghcollections.com/?p=41576

TL;DR: A debt becomes "past due" the moment it is not paid when contractually required, but that does not mean it is immediately collectible in court.
<a href="https://cghcollections.com/past-due-debt-vs-legally-collectible-michigan/" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">https://cghcollections.com/past-due-debt-vs-legally-collectible-michigan/

A 90-day-past-due account still has a good ending. https://cghcollections.com

Domesticating an out-of-state judgment in Michigan? Routine. https://cghcollections.com

We don't chase. We resolve. https://cghcollections.com

We read the file the way you underwrote it: line by line. https://cghcollections.com