As we note on our website at the San Diego-based law firm of Gallagher / Krich, APC, "Collections cases can arise from a number of scenarios."
In the business world, that is essentially nothing more than a truism. Perhaps a company or business principal has a signed promissory note from a debtor and is having difficulty collecting the promised amount owed. Perhaps money was loaned to a third party and simply never paid back. Perhaps an investment turned out be misrepresented or even illusory, and efforts to get back funds that were committed in good faith have been unavailing.