If Somebody Owes You Money

 

 

If you are owed money and have not received any payment

over a reasonable period of time, there are several steps

you can take to collect, even before going to the expense

of hiring a collection agency or lawyer.

 

While making these moves, you can collect evidence in case

it becomes necessary to take the matter to court.

 

CALL THE DEBTOR

This method, handled properly, can have surprisingly

successful results. For best results, have another person

of the line to witness the conversation. In case the

debtor denies the call, you have a witness who can testify

otherwise.

 

WRITE THE DEBTOR

Write a letter that confirms and reviews all the pertinent

points of the telephone conversation. The goal is to make

your letter clear enough to make it stick in court.

 

 

IF THE DEBTOR IS A BUSINESS

File a complaint with the BBB or the trade organization in

which the debtor is a member. Make sure you stick to the

facts in order to avoid being sued for libel.