Is it worth obtaining a lawyer to collect a debt for $2,900?
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Is it worth obtaining a lawyer to collect a debt for $2,900?
Asked on February 20, 2012 under Bankruptcy Law, Tennessee
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
If the $2,900 judgment that you have has a provision allowing for attorney's fees for collection of that amount then obtaining a lawyer to collect a debt for $2,900 may be worthwhile for you. Some lawyers might be willing to collect on the judgment you are writing about for a contingency fee so that way you will not be forced to pay attorney's fees exceeding a good portion of the judgment that you have.
One option if you want to try and collect on the judgment on your own is to go down to your county law library and do some legal research on how to levy upon the judgment debtor's assets or garnish his or her wages. The law librarian may be of assistance in helping you with forms and answering questions.
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