The theft of services or utilities can be significantly problematic on many levels. The person being stolen from may not even realize that it is happening at the time. But the company that provides those services certainly may be aware, as they are losing potential...
Modern cars cost more than they ever have. In many cases, buying a brand-new car means taking a loan for around $50,000. Prices have been rising for decades, of course, but have seen a substantial rise in the last 5-10 years. This is having a significant impact on...
Going to court to address debt is sometimes necessary. Businesses dealing with borrowers who default can ask the courts to issue a judgment. A judgment can lead to more effective collection options, including wage garnishment and property liens. However, civil court...
Many people avoid paying overdue debts. Some people are not likely to start paying their debts anytime soon if they are constantly badgered about their financial obligations. Getting debtors to repay their debts can lead to a lot of frustration for debt collectors. ...
Getting paid on time should be simple, but even a strong claim can lose traction if you make the wrong moves early on. Here’s where creditors often slow their own progress and what you can do differently. Failing to document the debt clearly Debt collection gets...
For some, cable piracy seems like a victimless crime. People try to justify their illegal actions by complaining about the high price of cable television or that service providers are already wealthy and can afford the loss. In reality, cable piracy is a significant...
Collecting on a judgment can be one of the most challenging parts of the legal process. Even after a court rules in your favor, actually receiving the money owed to you can require additional steps. One of the most effective tools for collecting unpaid debts is a bank...
There are numerous options for businesses attempting to collect on past-due debts. In scenarios where debtors do not voluntarily pay what they owe in full and on time, businesses may need to take legal action to collect. Many of the best-known remedies offered by the...
Collecting debts is sometimes as easy as giving the debtor a gentle reminder that they have a balance due. In other cases, this is a more complex undertaking because some debtors may try to avoid their creditors. This can be due to an unwillingness or inability to...
Creditors often face an uphill battle when they’re trying to collect on a debt. Even if they have a judgement, there isn’t any guarantee that they will receive what the court ordered. It may behoove creditors to think of the judgement as a legal finding that the debt...