Eighty Percent of Small Claims Cases and Bad Debts Are Not Pursued
Small Claims Court » Eighty Percent of Small Claims Cases and Bad Debts Are Not Pursued
This is such a familiar story for so many Americans:
- Someone who doesn't pay
- You send them to small claims court
- The judge decides to award you
- You don't get any compensation.
Although the small claim court is set up to allow you to get your money back in court, nobody said that it isn't going to hard. Small claims court offers you simple information on filing wage garnishments, liens, bank garnishments and other methods of getting back what is owed to you that the courts awarded you, however the information given to you is too generic. So we are left with only a few options:
- Be defeated by your debtors (Never collect the money owed to you)
- Wasting your time trying to learn how to recover your judgment yourself
- Hire an attorney and pay a retainer plus hourly fees of hundreds per hour
- Hire a Collection Agency
Although debt collection service isn't very difficult to learn once you learn the simple steps of using one, the process will save you time and money in the long run. You would suggest that once you were awarded judgment, the court system would make it less of a hassle for you to recover 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 find the debtors banking information or the process of garnishing the wages of the debtor, and you will get the same answer - 'we cannot offer legal advice'.
The easiest and fastest way to find the debtor's information about the debtor is the process of skip tracing. The process of skip tracing involves finding credit report information on the debtor, and being a private investigator to connect all of the dots in the case. One of the obstacles a debt collector will face is that most credit reporting agencies won't let you pull a credit report on somebody if you don't own or operate a legitimate company that complies with FRCA laws and regulations.
If you use a collection agency service, they will recover your money with with no out-of-pocket fees, and no fees if your funds aren't recovered. Unlike lawyers who charge a per hour fee, whether or not they are capable 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.
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