Thursday, November 5, 2009
Collecting Debts From The Federal Or Local Governments
Bureaucracy is the name of the game in the nightmare that is debt collection from a government source. As a commercial property management business, you will need to be aware that this might be the fight of your life. This is especially true if you’re not there to hold someone’s hand through the entire process. You can guarantee that it will take anywhere from six months to 18 months for the process to be complete. In the meantime, you can complain all you want, but it will fall on deaf ears. Mainly, the bureaucracy in this situation is of a political nature. You simply have to wait for things to get voted on and budgets to be approved. If your local government is bankrupt, you will have an especially hard time and may have to get a special tax incentive just to pay off the bill.