Should You Sue Your Customer?
Should You Sue Your Customer?
Unfortunately, the possibility of resorting to court action arises in many of the claims handled by our collection agency.
Typically, debt collection litigation is not excessively costly as the debt collection attorneys we engage operate on a contingency basis.
However, it can be a protracted process, and success is not guaranteed; success, in this context, refers to actually collecting the debt, not merely winning the lawsuit. We have two five-minute videos that elucidate debt collection litigation and the subsequent judgment collection process. We highly recommend individuals to view these videos or peruse the transcripts available on these pages if they are contemplating initiating debt collection litigation or engaging debt collection attorneys.
We meticulously assess all available options and articulate them to our clients when debt collection litigation becomes necessary. When litigation becomes the sole recourse, we believe that assessing the potential return on investment becomes the paramount criterion for our clients to consider. Numerous factors contribute to this evaluation. The infographic below illustrates the myriad aspects we consider when gauging the likelihood of successfully recovering a potential lawsuit.