If you are owed money from another party, you have the right to pursue that money until it is paid. Monetary disputes for small businesses can be very detrimental if the small budget cannot accommodate for it. One of your options for getting your money back is to open a case in a small claims court. However, this option is both time consuming and costs money. You should carefully understand all the options available before choosing to take the case to court. Here are some things to consider when deciding whether to go to a small claims court or not.Â
- Does this case belong in a small claims court?
If you are seeking a large amount of money, this may not be the best place to plead your case. Generally speaking, most courts will not hear cases where the monetary dispute totals more than $10,000.
- Can you settle this outside of court?
There may be other avenues you can take in order to settle this matter. Try settling through a mediation or arbitration. This is where a third party steps in to try and settle the conflict between you and the defendant. This is usually much quicker, cheaper, and more efficient than going to court.
- Will your business’ future depend on this one case?
The main priority should always be your business. If you are dedicating all your time to win back some money, you should ask yourself if it is worth it. You may win the money but at what cost to your business?
These considerations may point you to a different direction that will benefit your business in the long run. However, there will be instances where your issue cannot be settled anywhere except in a courtroom. When that happens, Ace Small Claims will be ready to assist you in navigating through small claims court. Please do not hesitate to contact us or to visit our website for any questions or concerns.