Fortunately, Summit’s collection programs can manage the large majority of accounts. However, there are a small number of accounts that require our full-service litigation program; but only after all other efforts have been completely exhausted.
Our litigation program is designed to handle all necessary litigation claims in an unwavering, firm but professional manner. A licensed private investigator completes a thorough financial investigation on the person or entity owing the debt. In the event of a bankruptcy or insolvency, further due diligence may be performed to determine our next steps. This guarantees that only very qualified cases with probable recovery are referred to an attorney for final collection.
This investigation’s outcome will typically yield one of the following:
- We determine that the possibility of recovery is not likely and you won’t pay a cent. Accounts will be returned to the collection queue for future efforts.
- During the investigation, information is obtained that will assist our efforts to resolve the account prior to litigation. The account is returned to the pre-legal queue for further work.
- Our recommendation is full litigation and you decide how to proceed. Only you have the power to authorize this step, in writing, in order for us to move forward.
When legal action is appropriate and only after we receive your written authorization along with payment of the upfront legal costs to begin, our affiliated attorneys file a lawsuit and resume the collection process until we encounter a successful resolution. In this situation, the consumer or entity owing the debt may be held responsible for our fee and you will typically be awarded the entire amount you are due.
Contact us today to inquire about our full-service litigation program.