Legal Question in Credit and Debt Law in Arizona

Bad debt

What is the dollar amount a company or collection agency feels it would not be in their best interest to ''go after'' a bad debt or to take to a higher level of collections? Less than $1,000??


Asked on 4/21/09, 7:07 pm

2 Answers from Attorneys
David McGlothlin Hyde & Swigart

Re: Bad debt

I've seen a couple cases of debt collecting attorneys suing for debts around $700. They usually get their attorney's fees on top of the debt, so it is more worth their time.

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Answered on 4/22/09, 2:08 pm
Brian Blum Blum Law Office, PLC

Re: Bad debt

It's hard to say. The smallest one I've ever seen actually file a lawsuit was $550.

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Answered on 4/21/09, 7:22 pm


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