Eighty Percent of Small Claims and Civil Judgments Go Uncollected
Small Claims » Eighty Percent of Small Claims and Civil Judgments Go Uncollected
This is most typical for the people of the United States:
- Someone does you wrong
- You take them to small claims court
- The court decides to award you
- You never receive any money that is owed to you.
Although the civil system is structured to allow you to recover money, that doesn't mean that it is easy. Small claims court allows access to basic information on filing any garnishment of wages, liens, bank garnishments and other ways of recovering the money the small claims court awarded to you, however that information is too basic. Therefore, that leaves us with only a few choices:
- Let the debtor win (Never collect the money owed to you)
- Wasting your time trying to learn how to recover your judgment yourself
- Call an attorney and spend your hard earned money on a retainer plus hourly fees of hundreds per hour
- Hire a Collection Agency
Although collection agency service isn't hard to figure out once you learn how to do it, the process will save you time and money in the long run. You would think that once you were awarded judgment, they would make it easier 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 find the debtors banking information or the process of garnishing the wages of the debtor, and you will get the same answer - 'we cannot offer legal advice'.
The easiest and fastest way to get all of the important contact information and other important facts about the debtor is a process called skip tracing. Part of this process involves finding credit report information on the debtor, and playing private detective to put all of the pieces together. One of the obstacles a creditor will run into is that most 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 recover your money with with no out-of-pocket fees, 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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