Bringing in a judgment collection agency to help with an unpaid judgment isn’t free. Collection agencies need to be paid for the work they do. Their services are well worth paying for, especially if there is little hope of you ever collecting on your own. Besides, collection agencies offer a gift that is absolutely free: time.
Perhaps the gift of time doesn’t seem like such a big deal. If that is the case, step back and ask yourself how much time your organization has already put into debt collection. If your organization is like most with outstanding judgments, you have already put in far too much time.
Turn your unpaid judgment over to Judgment Collectors and you instantly get that time back – at least in the sense of future time already pegged for collection efforts being freed up for other things. We handle everything once we take over a case. You do not have to worry about a thing.
What will you do with the extra time you would have put into debt collection? We recommend putting it into your customers. Find a way to use the additional time to improve your service, engage with your customers, develop new products, etc. Whatever it takes to make them happy is on the table.
Having more time to devote to customers can pay off in both tangible and intangible ways. To the extent that it increases revenues, you are also looking at potentially higher profits. In a sense, turning unpaid judgments over to us can pay off financially.
Perhaps you run a small business with fewer than 50 employees. You are spending so much time on debt collection that you have very little left over to devote to meeting employee needs. Not good. Building loyalty among employees requires investing in them. And to invest in them, you need the time.
Whatever time you would have spent on collecting unpaid judgment can be put into an employee reward program. It can be put into developing training programs, finding better benefits, or just walking the floor to shake hands and say hello. It all matters to employees who want to feel like they are more than just human resources.
Organizations bogged down trying to collect unpaid debts can struggle to get beyond those debts in terms of vision. That is bad for business in the sense that business development can be squelched by a lack of vision. We offer an alternative.
Trusting us with your unpaid judgments can help you get your mind off what is arguably a bad thing. Instead, you can concentrate on the positive aspects of running your organization. That could ultimately improve your vision to the point of boosting business development efforts. Just think of the ideas you could come up with if your mind were not so preoccupied with hunting down debtors and asking them to pay what they owe.
Let’s face it, bad debts are a distraction. Every company has a certain amount of outstanding debt to deal with. But the less you have, the less likely you are to be distracted by it. Minimizing bad debt is in your best interests.
If your organization is dealing with unpaid judgments, the chances are pretty good that they are robbing you of valuable time. Let us give you the gift of time. Turning your judgments over to us means not having to put another minute into working on them. We take care of everything, including covering our own costs.
Published September 29, 2023