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 true for so many Americans:
- Some People did you wrong
- You take them to civil court
- The judge agrees to award you
- You never see any money that is owed to you.
Although the small claim court is structured to allow you to get your money back in court, that doesn't mean that it isn't going to hard. Small claims court offers you simple information on filing any garnishment of wages, liens, bank garnishments and other ways of getting back what is owed to you that the small claims court awarded to you, however the information given to you will not teach you everything you need to know. So we are left with only a few choices:
- Be defeated by your debtors (Never recover your money)
- Spend several weeks trying to learn 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 Collection Agency
Although debt collection service isn't hard to figure out once you know how to use one, the process can be worth the effort. You would think that once the court awards you the judgment, they would make it easier for you to recover the funds that you are owed.
Small Claims Courts offers brochures to you explaining what your rights are as a debtor. Try to ask one of the court clerks how you find the debtors banking information or the process for garnishing the debtors wages, and you will get the same answer - 'we do not give legal advice'.
The best way to get all of the information about the debtor is a process called skip tracing. Part of this process involves pulling a credit report on the debtor, and playing private detective to put all of the pieces together. One of the obstacles a collector will run into is that almost all credit reporters won't let you retrieve a credit report on somebody 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 no fees out of your pocket, and no fees if your funds aren't recovered. Unlike attorneys 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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