Wilson Cole's Podcast From The Road
Monday Morning Memo: Lawsuits - Timelines, And What To Expect As Your Case Moves Through The Courts
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:21:12
- More information
Informações:
Synopsis
Lawsuits: Timelines, and What to Expect as Your Case Moves Through the Courts This can be a very cringeworthy subject because of the many unknowns that come with lawsuits. It may seem difficult to know what to expect with a lawsuit but they all generally follow the same path; there are always some variations in the process based on state laws, attorneys, etc. but the life span of all lawsuits is generally the same. With AER collections, we have found that 83% of the accounts will be collected in-house with our collection staff, and about 1 out of 5 cases we will not recommend for suit. If we do decide that you should file a lawsuit, there is a general process that follows. We will send out the information to an attorney or to our in-house staff, we invoice you for the court cost, and an attorney will have to make a demand or notice before the suit is filed. Usually, it takes seven to ten days for due diligence and sending out the first letter. Within the next 30 days, we will reach out to the attorney and hea