The basis of most claims is a written and signed contract. The contract is real, often detailed and unambiguous. It almost always wins in court. Because of this, we often think of a Judgment as a Magic Bullet, capable of solving debt issues with a minimum of effort and excellent results. The contract is perfect. […]
Good credit and employment are the foundation for positive outcomes in credit decisions. Employment demonstrates the ability to make payments. Good credit demonstrates the ability make those payments on time. Nobody will argue that good credit and a Job are good for credit. They will only work, however, if they both belong to the same […]
Judgments are relatively easy to obtain. This has been the case for as long as I can remember. Most debtors don’t even fight and almost all of those who do lose. In the vast majority of cases Judgments are not the problem. Until recently, Collecting on them has been a different story. All you get […]
Not too long ago Judgments were difficult to collect if you didn’t have prior knowledge of assets. If you knew where the debtor worked or knew the debtor owned a house, great. Otherwise, you couldn’t expect much back for the time and money you would have to put into litigating. Asset searches were expensive and, […]
The FTC is a Federal Government organization that, among other things, monitors web sites to make sure there is no false or misleading advertising. This often comes in the form of something offered for FREE while there are actually strings attached that make the offer something less than free. Rather than state the strings attached, […]
Some collection agencies have been charged with violations of the Fair Debt Collection Practices Act. In fact, I would say all agencies have experienced law suits for such alleged violations. Most of them are from a small number of large law firms specializing in going after agencies. They know there is no need for their […]
Charges can be added, but NOT by the Collection Agency. It is a violation of the law for us to add any fees to your bill. We can, however, add fees transferred from your contract with your customers. Take a look at your current contract. There should be a paragraph in it referring to extra […]
An unpaid bill is lost money. It is taken away from your bottom line in its entirety. It not only hurts financially, but also may sting from the debtor’s betrayal of your agreement. Some debtors may have lied to you, abused your good faith or abused your lack of diligence in checking them out carefully. […]
It isn’t easy. It isn’t quick. It most certainly isn’t a guarantee of getting paid. In many cases, however, it is the only option. You need to balance the possibility of getting paid against all the time, work and frustration involved. If somebody owes you money and refuses to pay the first step is to […]
It isn’t easy. It isn’t quick. It most certainly isn’t a guarantee of getting paid. In many cases, however, it is the only option. You need to balance the possibility of getting paid against all the time, work and frustration involved. If somebody owes you money and refuses to pay the first step is to […]