Eighty Percent of Small Claims and Civil Judgments Go Uncollected
Small Claims Court » Eighty Percent of Small Claims and Civil Judgments Go Uncollected
This is true for the people of the United States:
- Someone who doesn't pay
- You take them to civil court
- The court agrees in your favor
- You don't get the money owed to you.
Although the civil system is structured to allow you to receive money owed to you, nobody said that it isn't going to hard. The court system allows access to simple information on filing any garnishment of wages, liens, bank garnishments and other ways of recovering the money you were awarded in court, however the information given to you will not teach you everything you need to know. Therefore, that leaves us with only a few options:
- Call it a loss (Never collect the money owed to you)
- Spend several weeks trying to figure out how to get your money back yourself
- Talk to an attorney and spend your hard earned money on 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 worth the effort. You would think that judgment is awarded to you, the court system would make it less complicated for you to recover the funds that are owed to you.
Small Claims Courts offers information packets to you explaining debtors rights. Try to find out information from one of the court clerks how you find the debtors banking information or the process to garnish the debtors wages, and you will find a familiar answer - 'we cannot offer legal advice'.
The fastest way to get all of the information about the debtor is the process of skip tracing. Part of this process involves finding credit report information on the debtor, and being a private investigator to put all of the pieces together. 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 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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