Debt collection law offices have been in existence for many decades. In the 90’s, they grew by leaps in bounds. Their tremendous growth caused many collection agencies to go out of business. These law offices started to get popular because they offered a way for creditors to recoup more of their losses much quicker.
Instead of sending accounts to a traditional collection agency that would have to turn around and send accounts to another law firm to sue someone, the suit process could start after thirty days for accounts at a debt collection law office. When many people get their first collection letter from a law firm, they automatically think they will be sued and garnished. If you have one or more accounts at a debt collection law office and you are concerned about what they may do, give me a call at 313-744-5977 or e-mail me at [email protected].