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Using a collection agency to collect debt?

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JennChris
life moves fast

Member since 5/05

4225 total posts

Name:
Jenn

Using a collection agency to collect debt?

I am in the process of trying to find a collection agency to collect debt from my DH's business... Does anyone have any suggestions? And I am also curious as to what percentage they charged you.

Posted 10/2/08 10:58 AM
 
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Ophelia
she's baaccckkkk ;)

Member since 5/06

23378 total posts

Name:
remember, when Gulliver traveled....

Re: Using a collection agency to collect debt?

you could also do it yourself, filing a claim in small claims court.

you basically argue your case (with proof of bills) in front of a judge. if the defendant shows up, they will send you to a mediator at the court house to come up with some kind of payment solution.

if the defendant no-shows, a judgment is entered against them in the court and the sheriff has the right to go after their assets for payment.

Posted 10/2/08 11:01 AM
 

JennChris
life moves fast

Member since 5/05

4225 total posts

Name:
Jenn

Re: Using a collection agency to collect debt?

We were going to do that but the debt amounts are over the $3000 limit for small claims and we are an Inc. business so its a little different.

eta - and sadly one of the people that owes ALOT is the police chief Chat Icon

Message edited 10/2/2008 11:04:40 AM.

Posted 10/2/08 11:02 AM
 

LIMOMx2
...

Member since 5/05

24989 total posts

Name:

Re: Using a collection agency to collect debt?

We use Reed & Reed. They are excellentChat Icon

Reed & Reed

Posted 10/2/08 11:05 AM
 

JennChris
life moves fast

Member since 5/05

4225 total posts

Name:
Jenn

Re: Using a collection agency to collect debt?

Posted by 5ofClubs

We use Reed & Reed. They are excellentChat Icon

Reed & Reed


ty Chat Icon

Posted 10/2/08 11:20 AM
 

pinkandblue
Our family is complete, maybe

Member since 9/05

32436 total posts

Name:
Stephanie

Re: Using a collection agency to collect debt?

ugh, I filed against an ex in small claims court and won, like 7 years ago...I hired a company to sieze his assets but so far, no luck

the company charges me 1/3 of what I collect and there is no fee if they do not collect

Posted 10/2/08 11:28 AM
 
 

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