Can attorneys use Brief? Absolutely… just imagine a world where you, an attorney, do not have to go through the messy civil law court system to file a debt claim on behalf of your clients. In COVID times, the law courts are at a complete standstill, and the backlog of cases is getting bigger. Budget […]
Litigation
No one wants to have a debt judgment issued against them and settling a debt claim is often quicker and more effective than waiting for an arbitration award or civil court judgment. Debt is a strange animal and there could be many reasons why people have not followed up on their legal obligations to repay
Being in debt is not pleasant and if you do not respond to a debt claim against you within the stipulated time frame, your finances and credit score could be impacted badly. In the past, many creditors walked away from debts, leaving money on the table because the debt recovery process in the Civil Courts
A Civil debt lawsuit is filed in local courts when there is a dispute between people or businesses over default of payment. Filing a lawsuit is expensive, time-consuming, and stressful. The process goes through various tedious stages and can take years to be brought to a resolution, often resulting in a return of pennies to
The Covid-19 Pandemic has been raging for 18 months now and while vaccination rollouts are bringing some semblance of normality back, it is clear that people are turning to online solutions in ever increasing numbers. J.P Morgan and other analyst firms have published studies which show that amongst other activities, people are increasingly shopping, seeking
An alternative to costly and time consuming courtroom litigation to recover commercial debt is through online dispute resolution. Courts are the traditional means for lenders to enforce and recover unpaid debts. The problem that many businesses face is that litigation (or even traditional arbitration) is expensive and time consuming. Often, the cost and effort spent
No one wants to have a debt judgment issued against them and settling a debt claim is often quicker and more effective than waiting for an arbitration award or civil court judgment. Debt is a strange animal and there could be many reasons why people have not followed up on their legal obligations to repay
When you’re dealing with a legal matter, you have enough going on without having to then explore all your options for resolving it. So let’s simplify it and utilize the following solutions dealing with financial disputes that include defaulted loans: arbitration, mediation, and litigation. Litigation: The Costly Road to (Hopefully) Positive Resolution Let’s start with
