Debt Collection Versus Court Action Whats the Difference
Debt Collection Versus Court Action: What's the Difference? Many people assume that recovering an unpaid debt means going straight to court, when in reality professional debt collection and formal court action are two distinct stages, and the vast majority of debts referred to a collection agency are resolved before a court is ever involved. Debt collection typically starts with a letter before action, followed by direct contact and negotiation with the debtor, aiming to reac