Monday, June 30, 2008

Creditors & Debtors

Since the beginning of time there has been a need for someone to collect money owed to someone else. It's not an especially fun job, however it is interesting to hear about all the reasons someone is unable to pay a bill. Credit managers are the first plan of attach against people who can't or won't pay a bill. At one time, in order to collect money, it involved alot of paperwork and files to keep and go through. At one time is history, debtors went to prison.

A debtors' prison is a prison for those who are unable to pay a debt. Prior to the mid 19th century debtors' prisons were a common way to deal with unpaid debt and they were not a nice place.



Collecting money is a tedious and frustrating job but someone has to do it and since it has to be done, there needs to be a way to do it that will make the job much more bearable.



Casetrackerlaw is the solution to the problem. The web based collection software that makes collecting money much easier. Creditors using Casetrackerlaw are able to collect information whether it's email conversations, notes of phone conversations, invoices, letters and legal documents of all kinds. A Creditor will submit a claim into Casetrackerlaw and as the claim is worked, it begins to fill with pertinent information regarding the debt, the debtor and the history behind the debt. If the creditor is unable to collect the debt, he or she is able to forward the claim to an attorney of his or her choice. An attorney's contact information is added to the Casetrackerlaw tool and when the creditor selects an attorney, he will receive an email alerting him to the fact that he has a claim to either accept or reject. If he accepts it, he will do so via email and will update the creditor every step of the way, from beginning to end. This information is yours to view anywhere, anyplace, anytime.

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