Small claims processing



Asset Location, Judgment Collections Insider Tips, Judgment Interest Rate Calculators 1. For skip tracing (locating debtors) we use: , google search, and a Lexus Nexus product called Accurint. Accurint HYPERLINK "" has public record info and skip info. It is an industry standard tool for collection agencies. They conduct audits so be honest with the type of work you perform.In their words: Improve your recovery rates with Accurint? for Collections, a powerful suite of skip tracing tools to help you locate both individuals and businesses, thereby improving debt collections and enhancing operational efficiency.Over 4 billion records Data compiled from more than 10,000 independent sources Ranked results and phonetic matches Administrative feature to monitor and manage users Extensive search tips and online training Locate debtorsResearch has shown that as many as 35% of delinquent debtors move each year and 50% of all accounts received for collections require some form of skip tracing. The up-to-date, comprehensive Accurint? database can help improve your right party contact by 30%, by leveraging data from 4 billion public records on more than 200 million individuals. This powerful tool returns current addresses, unpublished and cell phone telephone numbers, relatives, roommates, associates, property, work and business locations to improve your skip trace efforts.One can shorten the debt collections cycle. Accurint? for Collections improves debt collections and enhances operational efficiency by helping collectors locate debtors quickly and easily through proven skip tracing tools and cost effective online resources.Utilize the investigative service for your particular need at . Credit Bureaus - they conduct audits of their customers so let them know the type of work you will be doing. They may not approve of using their info for background checks.3. Recommend new users buy a collection/legal system. Many allow businesses to buy user licenses so you can start small and grow larger. They may have canned letters & forms by state. If you have a file of accounts in a system you could even begin the process of risk scoring them. Credit Bureaus offer those risk scoring models.4. On FDCPA (The Fair Debt Collections Practices Act) The full version is at: a. You can call 8AM to 9PM in the debtor time zone. b. Can't put your business name in the from section of a letter (initials are ?????????ok) - the point is you can't disclose to a 3rd party you are collecting a ?????????debt. c. All communications with debtor need to be professional. You can't lie, ????????be abusive or even sarcastic.Asset Location: Locating Bank, Checking and Employment WhereaboutsFinding a defendant address that you are unaware of involves going to the court and asking them for a form. Go to the court and ask them for a Request of Change of Address or Box-holder Information For Legal Process. For a small fee to the clerk you get a form with the court's seal on the document. Take the form to the post office and ask them to find the most recent address.Legal ways to locate a business or person’s bank account would be to purchase something, or have someone else make that purchase, from the defendant be it an individual or a business. Pay them by check so you can get their bank account number since the debtors information will be on the back of the check.Another method would be to contact the current or past landlord for canceled check information. If the landlord does not cooperate, subpoena the previous landlord of the defendant to reveal that information. The rental application would have information regarding what bank the defendant banked at. Also the cancelled rent checks will contain that information.If the defendant moved out of his apartment, the landlord will have a copy of the security deposit and/or cleaning deposit in the form of a cancelled check. The landlord will also have the defendant’s employer information on the lease.One can issue a Writ of Execution and a Bank Levy (sometimes called a Bank Garnishment) to banks that the defendant may likely bank at. Most bank within a convenient distance from where they live and usually there are only a few banks in a given area that are likely targets. Costs vary. For example, Florida charges $7.00 in fees for the sheriff or registered process server to serve the bank for you.You can get a Writ online as a downloadable PDF file. Legal Zoom has that information as well. When it comes to a garnishment, it’s best to levy a garnishment in the beginning or middle of the month since those dates approximate pay schedules for many employees. The law states that the bank has to honor your levy.If the defendant was involved in a divorce, these records contain a treasure trove of information. Credit cards, checking and bank accounts, stocks, bonds and any asset the defendant had.If you know the debtors employer, there is the Business Record Subpoena there you can obtain information regarding a copy of the payroll check the debtor has cashed. This cashed check will have the account number and name of the bank that the check was cashed in on the back of the check.As A Last ResortHaving secured the defendants address (if not get a court form Box-holder Information For Legal Process to secure address), one can go through their trash for a week. If you don’t think that’s effective, go through your trash for a week. You’ll see evidence of where you have shopped, who’s writing you, what your interests are, foods, cosmetics, medicine and eventually envelops showing their bank location and other useful data.At last resort, to get employer information is to subpoena Social Security Administration records. The Privacy Act prohibits SSA form releasing an account holder without that persons consent. In this situation, one needs to have a case in suit with an authorization signed by the defendant.Calculate Judgment InterestFor a winning court judgment this calculator will help you to estimate the interest due on a court awarded judgment. Interest will start to accrue on the date the judgment was entered by the court and interest will continue to accrue on the unpaid balance principal until the entire amount is paid off.You can use the interest rate from the Federal Reserve’s Interest Rate Tables. However, a higher interest rate may be available but each state has different limitations and the rate may change from case to case. Google: “judgment interest rate percentage for [state that you need that interest rate for]”Multiply the Judgment amount times the Interest Rate Percentage. Determine the number of days from the Entered Date of Judgment to the date that the Writ was prepared. Multiply the Daily Interest Amount by the total days. Post judgment interest calculators: ................
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