Dave A "...actual blacklisting seems on average to be the far quicker and more cost effective route in producing a result than taking the legal collection route nowadays."
You obviously need a more effective attorney and collection procedures... ;-)
On a more serious note I am still firmly of the opinion that there is no requirement to be a registered credit provider in order to be able to list a debtor with credit bureaux.
Quite possibly. We don't have much of a bad debt problem. But when we do, some debtors can be really squirmy and hard to get a summons properly serviced upon. And more recently I had one that simply did not respond to anything - and then successfully applied for recision of the default judgement. Pretty much start againOriginally Posted by Brett Bentley
Finally, the delay in getting a defended matter on the roll for some courts is simply not funny. And then they want to settle at the last minute anyway.
With blacklisting you suddenly get this screaming banshee who just wants to get off the list asap because it's screwing up their car/home/whatever purchase. It normally comes with heaps of verbal and having a record of all the phonecalls you made before you blacklisted them proves useful.
Which is quicker? Ultimately, it depends how often they are getting finance, but the worst offenders (the non-responders and service avoiders) seem to be playing with financed transactions quite regularly.
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Dave I'm not sure what line of business your company is in but I would advise the use of a domicilium address in your credit application form to facilitate the service of the summons on the debtor while your attorney is tracing the whereabouts of the debtor and the early default judgments will also result in the listing at the credit bureaux.
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