
[ LEGAL NETWORK ]
Nationwide Collection Law Firm Network
Paragon manages a vetted network of creditors’ rights law firms covering all 50 states. Every suit decision is scored on outcomes across a $3.6B managed portfolio and 38 law firms, and we only file when expected recovery justifies the cost. Legal is one part of a single partnership that runs your entire post-charge-off recovery, alongside agency management, debt settlement, deceased and bankruptcy accounts.
Suit decisions made before placement
Each account is scored for suit-worthiness, state by state. You see what it would collect, when and at what cost, with and without a suit, before a dollar of court cost is spent.
Law firms held to one scorecard
Firms are measured on suit, service and judgment rates, time at each stage and post-judgment results, with regular reviews, reports sent in advance and documented follow-through. Volume follows performance.
Media ready before filing
Account documents are organized before placement, so firms can file without hunting for media. Exceptions are tracked, resolved and reported.
Judgment enforcement
Post-judgment work is managed and reported with the same discipline as the suit itself, so judgments keep producing recoveries.
Compliance across every firm
Bar, licensing and insurance checks, audits at onboarding and every year, and 7-year document retention across the network.
Four questions to ask any legal recovery partner
Is performance managed for each portfolio on its own merits, so strong results in one segment never hide weak results in another?
Can the partner show timely insight into your whole portfolio, performing and underperforming?
Are law firms managed through a repeatable review process, not occasional check-ins?
Is there proactive documentation oversight, with visibility into media delays and open exceptions?
Frequently asked questions
How do lenders decide which charged-off accounts are worth suing?
By comparing expected recovery with the full cost of suit in that state. We score every account on decades of litigation and payment outcomes and only recommend a suit when the numbers support it.
Do you cover every state?
Yes. Our creditors’ rights network covers all 50 states.
How do you measure collection law firms?
On suit, service and judgment rates, stage timeframes, post-judgment recoveries and cost, compared across firms on the same scorecard every month.
Can we test you before placing accounts?
Yes. Send closed accounts with state, zip, balance and charge-off date. We show what each would have collected, when and at what cost, with and without a suit. You already know the results, so you can grade us.
Know what is suit-worthy before you place
Send state, zip, balance and charge-off date. We will show what each account would collect, when and at what cost, by state, with and without a suit.
