Collection Techniques and Law

• Overview
• Credits

Gain an understanding of different techniques used for collections and the law that is entailed with this process.Navigating the collections process can be difficult and confusing. Working with attorneys can also be a daunting prospect for many people. When your collection efforts stall, utilizing an attorney can be a great way to boost your chances of collecting on the debt. Learn how to prepare a file for litigation and what to expect from the litigation process, including how long the process can become depending on the facts and issues present in your case. This course will discuss how a lawyer can use post-judgment remedies to your advantage and how to maximize your interactions with counsel. The material will also explore the overall litigation process and how it relates to collections and explain how litigation can also be a collection tool itself.

Authors

Agenda

Pre-Suit Demands and Information Gathering

• Making Contact

• Payment Arrangements

• Enforcing Post-Default

Escalating to a Lawyer

• Preparing the File

• What Attorneys Look for

• What to Expect

Pre-Suit

• Making Demands

• Speaking With the Debtor

• Preparing the Lawsuit

Litigation

• Responsive Pleadings

• Discovery

• Trial

Executing on the Judgment

• Garnishments

• Seizing Physical Assets

• Debtor Examinations