Debt Collection Litigation
In the event your customer refuses to pay your account, despite all of our efforts to convince them to do so, Millennium can provide our clients with the option of bringing them to court and taking a judgment against them for the amounts due, plus interest, court costs, and attorney’s fees, where awardable by the court.
Network of Commercial Debt Collection Attorneys
Millennium has access to a network of attorneys in both the US and around the world that specialize in creditor’s rights, commercial law and debt collection. We will help you retain an attorney to represent you in your lawsuit. Our in house legal counsel only recommends attorneys with the knowledge and experience to properly represent your interests.
All attorneys recommended by Millennium are also bonded to $1,000,000 by our network to guaranty payment of all recoveries. All foreign attorneys are carefully screened based on referrals received from reputable sources in the legal community.
In all U.S. jurisdictions and the majority of international locations, attorney fees are fully or partially contingent upon collection. In some countries, however, attorneys, by law, cannot accept contingency fee retainers. In all cases, we will inform you of the costs of assigning your claim to a lawyer in the debtor’s area and obtain your prior approval before doing so.
Court Costs and Non-Contingent Suit Fees (Retainers)
Prior to instituting suit, outside counsel normally request a cost advance for the anticipated costs of filing the action with the court and service of the summons on the debtor. These costs vary from court to court, state to state, and country to country. In some cases, your attorney will charge a non-contingent suit fee or retainer, which covers the work of the attorney in preparing and filing the necessary papers and in making appearances in court. Millennium will never engage the services of an attorney on your behalf without your written prior approval.