Does Coast Litigate Accounts?
Coast Professional understands that litigation is sometimes a necessary tool in the process of collections. Our legal department is very knowledgeable in the student loan programs and litigation process. We have a designated attorney selected form an ACA approved attorneys list, with a background in education receivables. The decision to file suit is usually made when the borrower has the ability to pay but refuses and all other collection attempts have failed. Once the decision has been made to take legal action a full asset investigation is performed to assess the borrowers true financial status. If a debt management counselor determines that the account meets the criteria for litigation, and the collection manager deems the account suit worthy, our legal department will submit a request for a suit authorization to our client. Once our client approves the suit authorization, we will pursue legal action on behalf of our client. Coast Professional works closely with our attorney and cl
