Most attorneys, unless they specialize in collections, absolutely despise handling collections cases. If you ask your business attorney, who usually handles your contracts and other matters, to do collections, I guarantee they hate it. It’s just not their thing – but they’ll be glad to take your money for their hourly rate and put it towards their retainer only to end up with you being disgruntled and unsatisfied with the end result; feeling like you threw a lot of good money after bad.
Now, if your attorney files a suit, congratulations—you just bought your debtor some more time. Debtors know they have three or four months to evade and use your money until their court date. Then, they’ll probably request a continuance, stalling the process further.
The justice system isn’t set up to collect money; it’s set up to dispense justice. As a collection agency, we take a debtor through the discovery process in a sense, getting their side of the story and working through disputes. This process is done on contingency, not an hourly rate. We recognize disputes and address them early on, rather than waiting for the courts.
If we end up with a default judgment because the debtor never shows up, we still need to locate assets, garnish wages, or find bank accounts to execute garnishments. Many attorneys will hand you the judgment and say, “I did my job,” without knowing how to collect the money – or they may not even have the resources to do so.
Why give your debtor more time? Deal with someone who does this day in and day out. We put pressure on them, make phone calls, and use investigative approaches to figure out why they’re not paying. Is there an underlying dispute? Are they unable or unwilling to pay?
As an agency, we are motivated by money—we have a vested interest in every account we take on. We spend our own money and resources to get these people to pay. We don’t get paid unless we’re successful. Who’s more motivated: your hourly-rate attorney or us, who are investing our resources?
Even if we determine that a suit is necessary and identify assets, those assets might be hidden or gone by the time you get a judgment. Filing fees, court costs, and hours of preparing documents can be wasted.
All you need to do is send us the information—statements, invoices, contracts, credit applications—and we go to work. If we don’t collect, you owe us nothing. If we determine a suit is necessary, our attorneys work on contingency and specialize in collections.
I talk to thousands of clients with drawers full of judgments that they won but never collected on. The courts agree with you, but getting paid is another story. Some people believe suing is the only way and tell me, “We don’t use agencies; we just sue them.” Yet, they often have judgments they can’t collect.
People are tired of court timelines, spending money on fees, and throwing good money after bad. My service is different. We don’t ask you to spend more money. We put our money where our mouth is. We invest our resources to collect your bad debt, and in the end, you win. That’s how confident I am in what we do and how we do it.
