Small Claims Court is an often overlooked tool for small businesses.
New Hampshire HB-281 increases the maximum amount of damages that may be claimed in Small Claims Court to $7,500.
Originally established as a simple, speedy and informal process for lay people to resolve small disputes, the Small Claims procedure can be a useful tool for businesses to efficiently collect smaller business debts.
Businesses often have unpaid invoices and other small uncollected debts, but decide not to pursue collection due to the cost and time involved in bringing a lawsuit. The Small Claims docket allows for a much cheaper and quicker method to collect such debts in lieu of the standard civil dockets in the District and Superior Courts.
Filing fees are about half of those in the District Court and claimants can get a trial date in a few months rather than upwards of a year or more.
HB-281 also mandates mediation for claims over $5,000.
For more information, contact Attorney Chris Ratté.
NOTICE: The information and articles posted on this website are for informational purposes only and are not intended as legal advice. Contact me to discuss your particular situation or consult a licensed attorney in your state.
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