Why A Collection Legal Network May Be More Effective Than Straight Collection Agencies In Collecting Your Debt

While a collection agency can be effective in recovering debt, in many cases, you will get much better results by using a collection legal network.  Collection agencies are limited to the services they can provide.  They can make phone calls daily and send letters in an attempt to recover debt, but that is the extent of their abilities.  If the debtor ignores the calls and letters and fails to make acceptable arrangements to pay the debt, the collection agency will have to hire an attorney if they want to pursue legal action to recover the debt.  This means that in the event that the debt is recovered, you will receive a lesser amount due to the legal fees that are on top of the fees paid to the collection agency for their services.

Calls and letters from a collection legal network, however, are typically more effective than those from a collection agency.  One reason for this is that debtors tend to take a call or letter from a collection legal network more seriously than those from a collection agency because they are more intimidating.  When faced with the legitimate threat of legal action, debtors tend to be more willing to make payment arrangements in a timely manner, saving you the added time and expense of litigation.

If the debtor is still unwilling or unable to settle the debt, a collection legal network can begin the litigation process on your behalf, sparing you the stress of having to deal with it yourself.  In addition, you will benefit during litigation from having the collection legal network involved throughout the entire collection process, as they can provide all of the necessary documentation to establish the previous collection attempts made.  This will make it easier to successfully make your case so that the court proceedings will go in your favor, and you will be able to recover the debt.