Tag Archives: Debt Collection
What are My Options for Collecting Money Owed to Me?
It is frustrating when someone owes you money and is unwilling to pay you. If the debt is small, you can go to small claims court, pay a small filing fee, serve the debtor, usually by certified mail, and wait for your court date. If you have supporting evidence of the debt and that… Read More »
How are Commercial Collections Different from Personal Collections?
Personal collections involve the process used to collect on a debt owed by a private individual for a personal or family purpose in most instances. Commercial collections are generally for past-due receivables of a business owed to another business or individual for a business-related transaction or debt. How is a Commercial Collection Performed? Typically,… Read More »
Debt Collection Agency or Lawyer?
Once you have exhausted your requests to a debtor for payment, you may wish to consider other means for debt collection. Your options are to either retain an attorney or hire a debt collection agency. Which option is right for you? In either case, you will have to pay a fee that will be… Read More »
Is There a Time Limit on Debt Collection?
Any civil action has a time limit within which a legal claim must be filed in the proper court or the claimant may be barred from pursuing any legal remedy, including payment of a debt. In California, you must file your debt collection lawsuit within a certain time but it depends on the nature… Read More »
How Can a Debt Collection Attorney Help You Get Money That is Owed to You?
No one likes getting a letter from an attorney threatening legal action if you fail to comply with certain demands, especially regarding the payment of a debt. Collection letters can help recover an overdue obligation if they come from an attorney but many debtors know that a letter is usually an empty threat of… Read More »
Can I Repossess Items When Someone Has Not Paid Me?
Unless you have a contract with the person or company that you are suing to collect on a debt, you cannot repossess any property from that debtor. You may only take back or repossess such items if you have included in your contract a provision giving you the right to repossess. These provisions are… Read More »
