Eighty Percent of Small Claims Cases and Bad Debts Dont Get Recovered
Small Claims » Eighty Percent of Small Claims Cases and Bad Debts Dont Get Recovered
This is such a familiar story for most Americans:
- Some People did you wrong
- You send them to small claims
- The judge or the magistrate agrees to award you
- You don't get any money that is owed to you.
Although the civil courts are set up to allow you to get your money back in court, nobody said that it is easy. Civil court allows access to simple information on filing any garnishment of wages, bank garnishments, liens, and other ways of getting back what is owed to you that you were awarded in court, however that information is too basic. Therefore, that leaves us with only a few choices:
- Call it a loss (Never see your money again)
- Spend several weeks trying to learn how to recover your judgment yourself
- Hire an attorney and pay a retainer plus hundreds per hour fees
- 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 think that once the court awards you the judgment, they would make it less of a hassle for you to collect the funds that you are owed.
Small Claims Courts offers brochures to you explaining what your rights are as a debtor. Try to find out information from one of the court clerks how you find the bank information of the debtor or the process to garnish the debtors wages, and you will get the same answer - 'we cannot offer legal advice'.
The best way to get all of the important contact information and other important facts about the debtor is the skip tracing technique. Part of this process involves pulling a credit report on the debtor, and playing private detective to connect all of the dots in the case. One of the hardest things a debt collector will run into is that almost all credit reporters won't let you pull a credit report on somebody if you do not own or operate a legitimate company that complies with FRCA laws and regulations.
If you use a judgment recovery 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 attorneys who slap you with per hour fees, 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.
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