© Law Offices of Mark A. Kirkorsky, P.C. www.MAKCollections.com
TO SUE OR NOT TO SUE: SUIT WORTHINESS.
THE KEYS TO INCREASING YOUR RECOVERIES
NACM WRCC · October 19, 2012 · Las Vegas, NV
Mark A. Kirkorsky, P.C. Attorneys at Law
© Law Offices of Mark A. Kirkorsky, P.C. www.MAKCollections.com
Specialize in Commercial & Consumer Collections50 Years Combined Experience.
Tested Process to Maximize Recovery.In-House Private Investigators & Collectors.
Nationwide Coverage.Proven Results.
About Our Law Firm
© Law Offices of Mark A. Kirkorsky, P.C. www.MAKCollections.com
STRENGTH OF ACCOUNT DOCUMENTATION
• Credit Application
• Personal Guaranty
• Statements & Invoices
• Lien/Bond Claim Documents
© Law Offices of Mark A. Kirkorsky, P.C. www.MAKCollections.com
POTENTIAL DEFENSESSimple Non-Payment or Legal Dispute
• Financial ability
• Clerical or accounting issues
• Poor documentation
• Problems with Credit App
terms & conditions
• Problems with PG• Community property
© Law Offices of Mark A. Kirkorsky, P.C. www.MAKCollections.com
Risk vs. RewardAmount in Controversy
• Does the amount of the claim justify the risk of proceeding with litigation?
• What is my best case scenario?
• What is my worst case scenario?
© Law Offices of Mark A. Kirkorsky, P.C. www.MAKCollections.com
CREDITWORTHINESS & “COLLECTABILITY”
• Still conducting business
• Credit bureau &asset investigation
• Other claims, litigation, or judgments
• Occupation or Place of Employment
• Bankruptcy considerations
Is there a pot of gold at the end of the rainbow?
© Law Offices of Mark A. Kirkorsky, P.C. www.MAKCollections.com
DEBTOR REPRESENTATION
• Attorney Representation
Pro – A stable level-headed point of contact
Con – Belligerent or intent on running up fees
• Adverse award of fees
© Law Offices of Mark A. Kirkorsky, P.C. www.MAKCollections.com
JURISDICTION & VENUE
• Convenience or inconvenience• Forum selection/venue waiver
• Courts of lower jurisdiction • Speed & cost• Predictability
• Availability of witnesses
© Law Offices of Mark A. Kirkorsky, P.C. www.MAKCollections.com
• Good faith efforts to resolve
• Amount of offer• Revisiting risk vs.
reward
• Settlement or Compromise
SETTLEMENT EFFORTS
© Law Offices of Mark A. Kirkorsky, P.C. www.MAKCollections.com
INVESTIGATION OF CREDITYOU VIOLATED MY RIGHTS UNDER THE FDCPA
• Potential for bad publicity
• Future business relations
POLICY CONSIDERATIONS
© Law Offices of Mark A. Kirkorsky, P.C. www.MAKCollections.com
QUESTIONS & ANSWERS
© Law Offices of Mark A. Kirkorsky, P.C. www.MAKCollections.com
THANK YOU!Law Offices of Mark A. Kirkorsky, P.C.
www.MAKCollections.com 888.519.2173
Top Related