The agonizing worry of not having a debtor return your money is a battle not easily won. At UPA we do not break business ties but seek to resolve disputes about money through mediation. Our current economic climate should not allow us to aimlessly seek default judgments and as servants of the law we are well aware of this. Sadly, most attorneys pursue debtors for small claims and cripple the debtor by seeking default judgment. We prefer to use mediation and propel clients to settle claims on payment arrangements. We have proven to have good results in this area of work.
What you need to know:
The Prescription Act places a burden on the collector to retrieve his/her money within 3 years. This ultimately ensures that a debtor should not have to be liable per se for the rest of his life for the outstanding debt.
Whilst it is difficult to always retrieve the entire outstanding amount in one payment it is more suitable to enable a debtor to resort to payment arrangements, however litigation being the most opted choice can result in the entire amount being paid back without the need for payment arrangements. We at UPA do not support the strict rules adopted by litigation and find it rigid and inflexible and eventually results in devaluing human relations. A friend soon becomes a foe. We therefore support mediation to intervene in collecting debt.
