Installment Collections in United States
Practical Information
Note: Some of this information was last updated in 1982
Receipt of partial payments of debts. Litigation as a means of collecting a small sum should be a last resort; it is expensive, and the judgment (in U.S. law) may be as difficult to collect as the debt. For this reason, attorneys will “play long” with the debtor and accept partial payments. Usually the arrangement is that the debtor will pay a certain amount at regular intervals. An arrangement of this type is often made after judgment is obtained against the debtor. It is the secretary’s responsibility to bring up the file for attention on the dates that payments are due. If a payment is not made as promised, upon instruction from the lawyer, she should communicate with the debtor, either by telephone or mail. See collections (in U.S. law).
What is Installment Collections?
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