Eighty Percent of Small Claims and Bad Debts Go Uncollected
Small Claims Court » Eighty Percent of Small Claims and Bad Debts Go Uncollected
This is such a familiar story for the people of the United States:
- Some People who doesn't pay
- You send them to court
- The judge decides to award you
- You don't get any money that is owed to you.
Although the civil system is set up to allow you to get your money back in court, nothing in the manual says that it isn't going to hard. Small claims court allows access to fairly generic information on filing wage garnishments, liens, bank garnishments and other methods of getting back what is owed to you that you were awarded in court, but that information is too basic. So we are left with only a few choices:
- Call it a loss (Never recover your money)
- Spend all of your time trying to figure out how to collect your money yourself
- Talk to an attorney and pay a retainer plus hundreds per hour fees
- Hire a Collection Agency
Although collection agency service isn't hard to figure out once you learn the simple steps of using one, the process can be very easy and beneficial. You would suggest that judgment is awarded to you, the small claims court would make it less of a hassle for you to collect the funds that are owed to you.
Civil Courts offers information packets to you explaining debtors rights. Try to ask one of the court clerks how you go about finding the debtors bank account information or the process of garnishing the wages of the debtor, and you will find a familiar answer - 'we do not give legal advice'.
The easiest and fastest way to find the debtor's information about the debtor is a process called skip tracing. The process of skip tracing involves finding credit report information on the debtor, and playing private detective to connect all of the dots in the case. One of the obstacles a creditor will run into is that most credit reporting agencies won't let you pull a credit report on someone if you don't own or operate a legitimate company that complies with FRCA laws and regulations.
If you use a debt collection service, they will collect your money for you with no fees out of your pocket, and absolutely no fees unless the money owed to you is recovered. Unlike lawyers who charge a per hour fee, whether or not they are able to collect your fees.
We recommend letting a professional National Collection Agency handle your outstanding debts for the most effective and efficient no-upfront cost way to collect on monies owed to you.
Looking for the BEST collection agencies?
Fill out the form above right now to get quotes from up to 5 of the BEST collection agencies in your area!