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The Collection Process

 

For the folks who want to know how the collection process works for the quickest and most cost effective collection. [in our opinion]

Take on a new matter

Send a LETTER OF DEMAND (Section 129 Letter) which is in accordance with Section 129 of the Nation Credit Act and sending it by registered mail

Note: Sending the letter of demand by registered mail verifies the defendant’s address and the receipt of the final demand.

No debt management request
The debtor requests to be placed under debt management / debt review

The defendant did not collect the registered letter.

Options: Trace the defendant or take the chance and issue summons and let the sheriff verify the address
 

The defendant did collect the registered letter and did nothing about the outstanding debt.

Option: Issue summons against the defendant

 

The defendant received the letter of demand and wants to pay the outstanding debt in payments

Option: Accept the payment offer and let the defendant sign a Section 58 Consent of Judgment or reject it and issue summons against the defendant

 

 
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