Our Approach
Don’t talk, ACT quickly. We believe in taking immediate action. Negotiation with the debtor has its place, but it's far more effective after we've levied the debtor’s bank accounts, placed liens on real property, garnished wages, etc. The time for talking is after pressure has been applied to the debtor. We not only act, but we also act quickly. Debtors rarely have only one creditor. The creditor who acts quickly is often rewarded. Our clients strengthen their positions by getting the earliest possible “place in line.”
Be aggressive and apply constant pressure. It is difficult for a debtor to ignore a creditor who applies constant pressure. At the outset, we develop a detailed “Collection Plan and Calendar” for each collection matter, outlining the specific steps to be taken and the exact timing of each step. The Plan is designed to apply steady pressure to the debtor. Debtors are often forced to relent to this persistence.
Have Expertise. Collecting debts and enforcing judgments in California requires precision and well-planned timing. Accuracy and depth of knowledge are critical. Knowledge of timing issues is equally crucial. The timing of a collection step often determines its success.
Be persistent and patient. Every creditor is anxious to collect immediately. The most successful creditors understand the benefits of persistence and patience. Certain judgment collection steps prove their worth months or years later. Debtors who are currently struggling may have substantial assets in the future. Each collection step should be designed to maximize recovery both in the short and long term. Patience is critical. Creditors may be tempted to accept debtors’ initial low-ball settlement offers, even though a much larger recovery is often possible with additional time. Sometimes a creditor is most successful by taking several wise steps now, then waiting patiently for the steps to prove their worth.