Eighty Percent of Small Claims Court Cases and Bad Debts Go Uncollected
Small Claims Court » Eighty Percent of Small Claims Court Cases and Bad Debts Go Uncollected
This is true for the people of the United States:
- Someone does you wrong
- You take them to court
- The judge agrees in your favor
- You never receive any money that is owed to you.
Although the civil system is structured to allow you to get your money back in court, nobody said that it is easy. Small claims court allows access to fairly generic information on filing any garnishment of wages, liens, bank garnishments and other methods of recovering the money the small claims court awarded to you, but that information is too basic. So we are left with only a few options:
- Be defeated by your debtors (Never see your money again)
- Wasting 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 judgment recovery service isn't very difficult to learn once you know how to use 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 collect the funds that are owed to you.
The 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 to garnish the debtors wages, and you will find a familiar answer - 'we do not give legal advice'.
The fastest way to get all of the important contact information and other important facts about the debtor is the skip tracing technique. The process of skip tracing 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 collector will run into is that almost all 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 collect your money for you with with no out-of-pocket fees, 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.
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