Don’t sue George when Harry owes you the money
IN FARAWAY Debtland, there is a place where you’ll find the bones of people who have chased the wrong debtor. It is impressive to look at the bones. There is a mountain of them. Unless you’re careful, your bones will make the mountain a little higher. Why? What’s the problem? Thousands of people commence proceedings on someone that’s simply not involved! It may take a long time to find that out. It may cost them thousands to... [Read More...]
How to avoid problems – cheaply
First, check them out IT IS ridiculous for anyone smart enough to be in business not to make routine credit checks. There is no point chasing a debtor with a summons if there’s nothing there. You’ll get plenty of ‘legal action’ — but you’ll pay for it all yourself. The debtor won’t be touched. Look under ‘Credit Reporting Services’ in the Yellow Pages. Call a couple of these services. Get their... [Read More...]
Debt Collectors vs Lawyers
“The lawyers are very highly paid people. To my knowledge, there aren’t many who specialise in small debts. And as they get busy, they tend to gravitate to more lucrative work. “Where litigation is used, you should research it pretty thoroughly before you start. Lawyers tend to look at themselves basically to do litigation. And negotiations by a lawyer are pretty expensive, because of the time. They consider they aren’t serving... [Read More...]
Coffee ‘N’ Cake Break
Would you like a chance to win a delicious cake of your choice for you and your team? As of the 1 October 2009 we are running a monthly draw for a shout from us at Debtforce for Coffee and a Cake of your choosing. How do I enter? You are automatically entered when you send through a debt for recovery during each calendar month, you get one entry per debt so the more debts you send through the more chances you have of winning. The winner is drawn... [Read More...]
