Collectors begin the immediate attempt to recover your debt through several processes; notices, telephone calls, skip tracing, asset search, legal preparation and additional processes to compliantly collect your outstanding debt.
Our strategy for the day-to-day recovery of your collection accounts consists of a 90 day cycle per collector utilizing the different strengths of our collection staff. In addition, we have implemented a strategy for those aged accounts that need additional skip tracing and asset searches.
Document imaging allows a paperless system to provide your detailed account information to the collectors through our advanced software package.
Collectors are also experienced in negotiating with third party payers this may include, private auto/health insurance carriers, personal injury attorney's and workers compensation representatives.
Recovery Solutions, Inc. also puts an emphasis on low balance accounts.
After 31 days all delinquent accounts are reported to the credit bureaus on a monthly basis.
Debt Collection and Debt Recovery Services
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