SawyersRaby393
Undesirable debt collections is the final stage of the revenue cycle process. These are your toughest accounts that have ignored all preceding collection attempts. This is typically significantly less than three percent of your total accounts receivable and are great candidates for debt collection agency services. All accounts are scrubbed for accurate data through national data bases identifying if your customer is deceased, has filed bankruptcy, changed addresses, or phone numbers. The data is additional analyzed by means of specialized information analytics making positive your accounts get the consideration they deserve for the maximum return. At this stage the consumer is broken down into four categories:
Those that can spend These that can't spend Those that want to spend These that refuse to pay
All debt collection efforts are in compliance with state (e.g. California, Nevada), and federal regulations. Specialized agency collection letters and prompt telephone calls effectively communicate the urgency of payment. Unpaid accounts are reported to all 3 major credit reporting organizations.
Experian Equifax TransUnion company website