PRESS RELEASE
12 June 2019

Collecting Smaller Debts Just Got Easier For Creditors Thanks To New Legislation

LD
Lowndes, Drosdick, Doster, Kantor & Reed

Contributor

The firm’s original four partners were engaged primarily in a burgeoning real estate practice. While our real estate practice and deep-rooted involvement in that industry remains an integral component of the firm, we have grown alongside the dynamic needs of our clients and community at large. Today, the firm’s lawyers advise clients on almost every aspect of business: from copyrights and trademarks to high-stakes, high-profile litigation; from complex commercial and residential real estate issues to wealth management; from labor and employment law to healthcare; from capital raising and entity formation to corporate growth and expansion locally, nationally and internationally.
Collecting smaller debts may be getting easier. On May 24, 2019, Governor DeSantis signed HB 337 which increased the jurisdictional limits of the county courts. Presently,
United States

Collecting smaller debts may be getting easier. On May 24, 2019, Governor DeSantis signed HB 337 which increased the jurisdictional limits of the county courts. Presently, county courts handle lawsuits for up to $15,000 while the circuit courts handle larger cases. Starting in 2020, the limit for county courts will rise to $30,000. That limit will increase again (to $50,000) in 2023. As a result, soon claims in the $15,000 to $50,000 range will go to county court instead of circuit court. This change may provide a more viable option for creditors to cost-effectively recover debts under $50,000, as litigation in county courts is typically faster, and therefore less costly. Eventually, as more lawsuits move to county court, the backlog of cases in circuit court may ease, resulting in faster litigation there as well.

PRESS RELEASE
12 June 2019

Collecting Smaller Debts Just Got Easier For Creditors Thanks To New Legislation

United States

Contributor

The firm’s original four partners were engaged primarily in a burgeoning real estate practice. While our real estate practice and deep-rooted involvement in that industry remains an integral component of the firm, we have grown alongside the dynamic needs of our clients and community at large. Today, the firm’s lawyers advise clients on almost every aspect of business: from copyrights and trademarks to high-stakes, high-profile litigation; from complex commercial and residential real estate issues to wealth management; from labor and employment law to healthcare; from capital raising and entity formation to corporate growth and expansion locally, nationally and internationally.
See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More