Active Users:189 Time:18/05/2024 08:10:35 PM
As soneone who ran a debt collection agency for about 6 years... Urza Send a noteboard - 28/07/2018 05:38:20 PM

You might be suprised how low they are authotized to settle. Id push for 50% of what they are looking for. Debt collection agencies dont like to file suit if they can avoid it. Usually they are working on a contingency. Filing suit is expensive if theres any chance you cant actually collect. You need all the paper work from the client. Way more of a pain in the ass to get then you'd expect. Even if you have a great process for forwarding to local attorneys etc... a judgment is in cases like this pretty worthless anyway.


Push HARD

Reply to message
So... when do you take over for a parent? - 24/07/2018 10:15:44 PM 843 Views
Yeah the downside is what you said about her driving. - 24/07/2018 10:29:59 PM 499 Views
A big problem is the paranoia - 25/07/2018 04:04:09 PM 543 Views
My dad got really bad before he passed. - 25/07/2018 04:11:40 PM 478 Views
I would take a different approach with the collection company - 25/07/2018 11:14:43 PM 543 Views
Well I know I don't want to pay a lawyer. - 27/07/2018 02:27:49 PM 552 Views
I'm not suggesting that - 27/07/2018 05:50:08 PM 461 Views
I agree with Tom - 27/07/2018 06:05:47 PM 482 Views
As soneone who ran a debt collection agency for about 6 years... - 28/07/2018 05:38:20 PM 543 Views
Thats if you even care to bother settling it... - 28/07/2018 05:41:45 PM 447 Views
Did you ever break anyone's thumbs? *NM* - 31/07/2018 04:45:41 AM 290 Views

Reply to Message