Eighty Percent of Small Claims and Small Claims Judgments Go Uncollected
Small Claims » Eighty Percent of Small Claims and Small Claims Judgments Go Uncollected
This is such a familiar story for the people of the United States:
- Somebody who doesn't pay
- You go to civil court
- The judge or the magistrate agrees in your favor
- You don't get the money owed to you.
Although the small claim court is set up to allow you to recover money, that doesn't mean that it isn't going to hard. The court system allows access to basic information on filing wage garnishments, bank garnishments, liens, and other methods of recovering the money the courts awarded you, however that information is too basic. So we are left with only a few options:
- Call it a loss (Never recover your money)
- Spend several weeks 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 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 once the court awards you the judgment, the court system would make it easier for you to recover the funds that you are owed.
Small Claims Courts offers information packets to you explaining what your rights are as a debtor. Try to ask one of the court clerks how you find the bank information of the debtor 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 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 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 debt collector will run into 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 debt collection service, they will collect your money for you with no fees out of your pocket, and no fees if your funds aren't recovered. Unlike lawyers 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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