Eighty Percent of Small Claims and Small Claims Judgments Are Not Pursued
Small Claims » Eighty Percent of Small Claims and Small Claims Judgments Are Not Pursued
This is such a familiar story for most Americans:
- Someone who doesn't pay
- You take them to small claims
- The judge agrees in your favor
- You never see the money owed to you.
Although the civil system is set up to allow you to receive money owed to you, that doesn't mean that it is easy. Small claims court allows access to basic information on filing wage garnishments, liens, bank garnishments and other ways of getting back what is owed to you that the small claims court awarded to you, but 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 see your money again)
- Spend several weeks trying to learn how to get your money back yourself
- Talk to an attorney and pay a retainer plus hundreds per hour fees
- Hire a debt collection service
Although judgment recovery 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, the court system would make it less of a hassle for you to recover the funds that are owed to you.
The courts offers pamphlets to you explaining what your rights are as a debtor. Try to find out information from 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 cannot offer legal advice'.
The best way to get all of the information about the debtor is a process called skip tracing. The process of skip tracing involves finding credit report information 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 almost all credit reporting agencies won't let you retrieve a credit report on someone 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 charge a per hour fee, whether or not they are capable 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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