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Article Title:
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Small Business Collections: Prepaid Legal Plans

Article Description:
====================

Skip I feel like I've hit a wall that's dripping with red ink.

I have a stack of unpaid invoices that's squeezing the life out

of my bank account.  I need to take some of these people to 
court, but I don't have a clue about how to get it done.


Additional Article Information:
===============================

497 Words; formatted to 65 Characters per Line
Distribution Date and Time: 2006-06-15 13:48:00

Written By:     Gene Allen
Copyright:      2006
Contact Email:  mailto:[EMAIL PROTECTED]



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Small Business Collections: Prepaid Legal Plans
Copyright © 2006 Gene Allen
Digen Recovery
http://www.digenrecovery.com



Walter Small Business:  Skip I feel like I've hit a wall that's
dripping with red ink. I have a stack of unpaid invoices that's
squeezing the life out of my bank account.  I need to take some
of these people to court, but I don't have a clue about how to
get it done.  These things are so expensive.

Gene Skiptracer:  Sue them in small claims court.

WSB:  I don't know anything about courts.

GS:  Get yourself a legal plan and then sue them in small claims
court.

WSB:  I've tried to get legal help.  I went to see an attorney,
he charged me two hundred and twenty dollars an hour and said he
would need two thousand dollars in a trust account before he
could get started.   I sell business supplies, my average
customer spends six hundred to two thousand dollars a year. I
can't afford an expensive attorney.

GS:  I'm sure you've heard the expression "Why pay for the cow
if you can have the milk for free?"  Well a prepaid legal plan
gives you the milk.  Simply stated, a prepaid legal plan  is a
service which allows you unlimited access to an attorney for a
monthly or annual fee.  It's the same idea as medical coverage. 
When you buy into a Blue Cross or Cigna benefits package, you pay
so much a month for coverage.  The amount of benefit depends on
the type of plan that you buy into.  One of the most basic legal
plans is the  Prepaid Access Plan .  This plan provides members
with specified services (unlimited consultation via phone, some
document examination, and a phone call on your behalf.) at no
additional cost, plus other services, such as legal
representation, at a discounted legal fee.  Other plans include
Group Legal  where members pay low fees, or special plan fees, as
needed, and the Comprehensive Plan which is usually paid by
employers, or through payroll deductions.  Comprehensive Plans
usually cover 80% to 90% percent of legal costs in any given
action.  A prepaid legal plan can be a valuable asset to a small
business that does not have a legal budget.

WSB:  So I can pay a monthly fee and get access to an attorney?

GS:  That's right, eight hours a day, five days a week.

WSB:  But laws differ from state to state.  If  I call a national
hotline how will they know what laws apply in my state?

GS:  They wouldn't if one law firm had to cover all fifty
states.  But the companies that offer legal services usually
refer their members to  local attorneys.  I'll tell you
something amazing that I read on the American Prepaid Legal
Institute (API) website.  This is a direct quote "Sixty five to
eighty five percent of all problems brought to lawyers through
plans can be resolved through…advice and a small amount of
follow-up.".

WSB:  Well you sold me.  Do you have an address for the API
website?

GS: You b-e-t-c-h-a!  Go to
http://www.aplsi.org/legal_plans/index.htm




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Gene Allen is a collection specialist with 11 years of
experience
in the industry.  His new ebook "Powerful Secrets of Bounty 
Hunters & Lawmen for Tracking Deadbeat Cash...Guaranteed" gives

practical tips on asset location.  http://www.digenrecovery.com


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