Protecting Your Money: A Guide to Debt Settlement Strategies

Episode Summary
In this episode of The Fixer, Kevin Rosenquist and experienced attorney John Tatoian delve into the nuanced world of debt collection and legal strategies for businesses. John shares insights on ethical approaches to debt recovery, leveraging information, and avoiding litigation pitfalls. They also discuss common mistakes businesses make when negotiating disputes, such as letting emotions dictate strategy, and offer practical advice for achieving favorable outcomes. Additionally, John explores how his experience as a business investor shapes his approach to legal negotiations and highlights key differences in debt collection laws between Massachusetts and Connecticut.

Timestamps:

[00:00-00:30] Introduction and episode overview.
[00:31-02:56] Ethical approaches to debt collection and nonviolent communication.
[02:57-05:10] Challenges of dealing with judgment-proof debtors and strategic adversarial methods.
[05:11-07:19] The importance of emotional control in business disputes.
[07:20-08:39] How economic stability influences decision-making in negotiations.
[08:40-10:49] Leveraging information as a powerful asset in legal and business contexts.
[10:50-12:41] Avoiding unethical practices like extortion and maintaining professional conduct.
[12:42-15:50] Legal differences in debt collection procedures between Massachusetts and Connecticut.

About The Show
The Fixer is a podcast hosted by Kevin Rosenquist featuring experienced attorney and author John Tatoian. Each episode dives into the complexities of legal and business challenges, offering expert insights and practical strategies for navigating disputes, debt collection, and ethical negotiations. With a blend of professional expertise and engaging storytelling, John shares his wealth of knowledge, from leveraging information for business success to avoiding common legal pitfalls. Whether you're a business owner, legal enthusiast, or just curious about the inner workings of the law, The Fixer delivers valuable takeaways in every episode.