Eighty Percent of Small Claims Court Cases and Small Claims Judgments Go Uncollected
Small Claims Court » Eighty Percent of Small Claims Court Cases and Small Claims Judgments Go Uncollected
This is true for most Americans:
- Some People did you wrong
- You send them to small claims court
- The judge agrees to award you
- You never receive any money that is 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 simple information on filing any garnishment of wages, bank garnishments, liens, and other methods of recovering the money the courts awarded you, however the information given to you will not teach you everything you need to know. Therefore, we are left with only a few choices:
- Call it a loss (Never see your money again)
- Spend all of your time trying to figure out how to recover your judgment yourself
- Call 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 very difficult to learn once you learn how to do it, the process can be worth the effort. You would suggest that once the court awards you the judgment, the small claims court would make it easier for you to collect the funds that you are owed.
The courts offers information packets 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 bank information of the debtor 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 important contact information and other important facts about the debtor is the skip tracing technique. 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 creditor will face is that almost all credit reporters won't let you pull 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 collection agency service, they will recover your money with with no out-of-pocket fees, and absolutely no fees unless the money owed to you is recovered. Unlike attorneys 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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