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How Do You Collect “Uncollectable” Debts?

How Do You Collect “Uncollectable” Debts?

Florida has long been known as a “debtors haven” because it is one of a handful of states that provide extensive protections (above and beyond federal law) to those who are being pursued for past due obligations. People who collect debts in Florida have limited tools with which to work, and debts often go uncollected as a result.

Because we are restricted by these laws, it is important to exploit every tool available while remaining in full compliance. Attorneys who specialize in debt collection know every angle that can be pursued. One of those, usually the “last resort”, is a levy, also sometimes referred to as an execution.

Most creditors fail to realize what can be done with a judgment in Florida, and often give up once the matter has gone to court. Some avoid court altogether. In our view, this is a mistake, especially when you consider the fact that Florida judgments are valid for 20 years. If you are serious about making recoveries, this is one method that can significantly boost your bottom line.

Levies White PaperTo learn more, download our free White Paper, “Levies: A Profitable Last Resort”.

In this white paper we will:

  • Define what a levy is
  • Describe a typical scenario where levies would be used
  • Explain the process of levying nonexempt assets

As a creditor’s rights firm, Hiday & Ricke provides full execution services for our clients. We have been handling levies throughout the state of Florida for over thirty years and encourage you to call us at 904.363.2769 today to schedule a case review.

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