Long Lasting Impact!
With a Zacchaeus Legal Services comprehensive tax foreclosure program, you can obtain not only immediate results, but also a long lasting impact on your collection rate! The chart below shows such an effect on two of our "long term" clients, Wilson and Beaufort Counties. We started representing Beaufort County in 2004 and Wilson County in 2005. As can be seen on the chart, both of these counties experienced a remarkable increase in their collection rates early in their respective programs. In addition, each county has been able to maintain this level of performance, in part because Zacchaeus Legal Services has provided foreclosure services throughout this entire period of more than 10 years!
After an initial increase of 4.38% during its first year with Zacchaeus Legal Services, Wilson County has been able to maintain a collection rate within one half of one per cent of this remarkable increase, during a period that included the Great Recession and the recovery. The same can be said of Beaufort County which has seen a consistent improvement in its collection rate which is higher now than its pre-Recession rate!
Please consider that these figures pertain to the collection rate of the "current levy," for "non-motor vehicle" taxes, that is, the taxes levied for the current period on real property, and do not pertain to delinquent taxes. We use these figures because they represent the effect a Zacchaeus Legal Services comprehensive tax foreclosure program can have not only on your delinquent accounts, but also on the amounts currently due. The reason? We think it is two-fold. First, NCGS Section 105-374 requires that all taxes, not simply the delinquent taxes, must be paid before a foreclosure suit can be dismissed. Secondly, once your Tax Office becomes serious about its foreclosure program and the public becomes aware of the consequences of failing to pay their taxes on time, delinquency rates fall. You are welcome to call one of our many clients to confirm their positive experience in this regard.