 When
past-due accounts reach the point where an amicable settlement
cannot be reached, CFM will forward them on your behalf, to a
commercial litigation specialist in the debtor's locale. CFM
handles attorney selection and document forwarding, unless you
select a firm you would prefer to work with. CFM clients
receive excellent service and results due to the number and
average balance of the claims we forward, as law firms are
carefully selected, and because those firms want future referrals from CFM.
We act as your liaison with the
law firm to decipher legalese, which is inherent in
litigation. Our staff shepherds the entire process with legal
from initial contact through conclusion. When CFM forwards
your domestic claim to an attorney, an indemnity bond protects
you.
Our legal department personnel
are constantly monitoring the law firms CFM uses. Our list of
approved law firms is the result of extensive research,
computerized records on performance and adherence to CFM's
ethical policies. If a law firm does not conduct themselves or
business in the proper manner, CFM does not make future
referrals and may notify associates at other collection
agencies, law list companies, and the proper authorities as
necessary. We believe in ethical results.
We carefully
evaluate accounts to hand over to these attorneys, and
usually, there's a very good reason. Typically, we have
concluded our work and determined that our client would be
better served by referring the account to an attorney for
collection. We give the debtor every possible opportunity to
pay the debt before litigation becomes necessary.
When accounts are forwarded for
legal action, an additional fee is added to CFM's fee as law
firms often times charge more than our standard rate. There
are also additional charges if suit is entered. CFM closely
follows the file through the courts and into the sheriff's
hands for execution of the judgment, keeping you informed of
all developments.
Occasionally,
it is necessary to access legal counsel in another state,
especially when your company provides goods or services to
companies in different states across the USA or perhaps,
countries of the world. At CFM, we have access to literally
thousands of collection attorneys around the world who handle
commercial debts.
These are
skilled collection attorneys who regularly collect debts for a
living. The collection efforts of themselves and their staff
are generally the main product of their business.
So
You Want To Go To Court
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