Case Study: Successful Debt Collection Litigation and Recovery

In 2009, our agency was approached by a creditor who had been trying to collect a debt from three consumers for several years without success. The debt amounted to around $77,000, and the creditor had exhausted all other collection methods before turning to our agency for help.

Upon reviewing the case, our legal team determined that debt collection litigation was necessary to recover the outstanding debt. We filed a lawsuit against the three consumers, and after a lengthy legal process, a judgment was issued in our client’s favor.

However, the legal battle was far from over. The judgment was renewed in 2018, and the amount of the judgment almost doubled to around $150,000. Two of the three debtors paid their portion of the debt, but one remained, and our agency was tasked with collecting the outstanding amount.

We knew that this would not be an easy task. The debtor had been avoiding our client’s attempts at communication for years, and their whereabouts were unknown. We decided to take a different approach and began an extensive investigation to locate the debtor’s assets.

Our agency hired private investigators to track down the debtor’s real estate property, and we were eventually able to locate it. We then recorded a lien against the property, which put pressure on the debtor to pay the outstanding debt.

After years of persistence and hard work, our team’s efforts paid off. In 2023, we were able to recover the entire debt owed to our client, thanks to the collaboration of our legal team, robust investigation team, and our vendors who helped us execute the lien.

This case is an example of the power of debt collection litigation when combined with a comprehensive investigation approach. At our agency, we are committed to using all available resources to help our clients recover outstanding debts, and this case is a testament to our dedication to this goal.

In conclusion, this case study highlights our agency’s commitment to providing our clients with the best possible service and achieving successful outcomes in debt collection litigation. Our team of legal and investigative professionals work together to ensure that we are doing everything possible to recover the outstanding debts owed to our clients.