Eighty Percent of Small Claims Cases and Bad Debts Go Uncollected
Small Claims Court » Eighty Percent of Small Claims Cases and Bad Debts Go Uncollected
This is most typical for the people of the United States:
- Some People did you wrong
- You send them to small claims court
- The judge makes a decision in your favor
- You never receive any compensation.
Although the small claim court is structured to allow you to recover money, that doesn't mean that it isn't going to hard. Small claims court offers you fairly generic information on filing any garnishment of wages, bank garnishments, liens, and other ways of recovering the money the courts awarded you, but that information is too basic. So we are left with only a few choices:
- Be defeated by your debtors (Never recover your money)
- Spend all of your time trying to figure out how to recover your judgment yourself
- Talk to an attorney and spend your hard earned money on a retainer plus hundreds per hour fees
- Hire a debt collection service
Although debt collection service isn't hard to figure out 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, they 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 go about finding the debtors bank account information or the process for garnishing the debtors wages, and you will find a familiar answer - 'we cannot offer legal advice'.
The easiest way to get all of the information about the debtor is a process called skip tracing. The process of skip tracing involves pulling a credit report on the debtor, and playing private detective to put all of the pieces together. One of the hardest things a creditor will face is that most credit reporters will not allow you to pull a credit report on someone if you do not own or operate a legitimate company that complies with FRCA laws and regulations.
If you use a debt collection service, they will recover your money with with no out-of-pocket fees, and absolutely no fees unless the money owed to you is recovered. Unlike attorneys 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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