Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago, 05/09/2017
Debt Collections in California
Does anyone have a solid referral for debt collection in California? My investments are in Orange and Los Angeles (LA) counties.
How do people typically collect on debt owed after eviction and other lawsuits?
What % of debt collected and/or other fees are charged?
I have been using my eviction attorney to follow-up on debt collection for tenants that are evicted. The attorney generally charges 40-60% of debt collected. Is there a better way?
I understand fully that the best medicine here is to not evict, but anyone that hasn't experienced at least one eviction hasn't been in the business long enough. Thanks for your advice.