Practice Areas Overview

Serving clients in the Denver metro area and the surrounding Colorado counties, David C. Addison, Attorney at Law advocates on behalf of creditors' rights in commercial collections proceedings. With over 40 years of experience, Mr. Addison understands that unpaid debts can seriously impact the revenue stream of a business and threaten its ability to operate. Implementing creative and effective debt collection strategies, he works to help his clients receive the money they are owed.

Judgment Collections

In many cases, it is not possible for a creditor to receive payment on a debt unless a lawsuit is filed and a judgment is obtained in the creditor's favor. Accordingly, often the first step in debt collection is filing a lawsuit against the debtor. However, a judgment usually means nothing until it is enforced, as debtors go to great lengths to avoid payment on their debts. Mr. Addison works diligently to provide clients with the best possible chance of recovering their losses, and will use any and all available statutory remedies and judgment collection tactics to locate and convert debtor assets, including:

• Prejudgment Writs of Attachment - Colorado law allows a creditor who is involved in a lawsuit to seek a prejudgment writ of attachment, which can freeze certain assets of a debtor defendant. While the attached assets are not immediately transferred to the creditor, the assets will be held until the conclusion of the trial. This loss of assets may cause a defendant to settle a lawsuit rather than draw out litigation.
• Replevin Actions - In some cases, a replevin action may be used to enforce a securities interest. For example, if a debtor is hiding collateral, such as a vehicle or other physical property attached to the debt, a replevin order may allow a creditor to recover the collateral once a favorable judgment is obtained.
• Pre-judgment & Post-judgment Garnishment - Garnishment is a court-ordered method of debt collection that allows a creditor to take the property or wages of a debtor before the debtor has possession of the property or income. Under a garnishment order, a creditor can collect on a debt directly from a third-party, usually the debtor's employer, who owes the debtor property or money.

Fraudulent Transfers

If a debtor transfers assets with the sole purpose of preventing or avoiding a creditor's collection attempt, the movement of assets is considered a fraudulent transfer, and it is prohibited by law. Mr. Addison has experience representing creditors in fraudulent transfer cases, and has succeeded in having such transfers set aside, so that his clients can collect the funds owed to them.

Seek Experienced, Effective Legal Representation

Mr. Addison is an experienced lawyer who understands how to enforce the rights of creditors in commercial collections cases. If your business is unable to collect a valid debt, please contact David C. Addison, Attorney at Law.