FINANCIAL RECOVERY SERVICES

PROTOCOLS OF COLLECTION:

 

  • DATA ENTRY: ACCOUNTS ASSIGNED ARE ENTERED WITHIN TWENTY-FOUR HOURS.                                     
  • MAILINGS: COMPUTER GENERATED MAILINGS CERTIFIED BY THE STATE OF NEVADA MEET ALL THE CRITERIA OF THE FAIR DEBT COLLECTIONS PRACTICES ACT OF NEVADA. 
  • PERSONAL CONTACT: WITHIN ONE WEEK TELEPHONE CONTACT IS MADE.   

OBJECTIVES:                                                                                                                                                        VALIDATE THE DEBT PER THE PRESCRIPT REGARDING THIRD PARTY COLLECTIONS.                             COLLECT PAYMENT IN FULL, AS SOON AS POSSIBLE.                                                                                   SET UP "PARTIAL PAYMENT" ARRANGEMENTS WITH YOUR APPROVAL.                                                       GATHER PERTINENT INFORMATION FOR POSSIBLE LEGAL ACTION.                                                              

  • CREDIT BUREAU REPORTING: ACCOUNTS LISTED IN EXCESS OF $50.00 ARE AUTOMATICALLY REPORTED TO CREDIT BUREAUS THIRTY DAYS AFTER AFTER THE DEBT HAS BEEN VALIDATEDWITH THE CONSUMER.                                                                                                                                                
  • SKIP TRACING: RESOURCES AVAILABLE FOR REPORTING BAD DEBTS INCLUDE THE CAPABILITY TO SEARCH FOR DEBTORS WHO HAVE RELOCATED OR CANNOT BE CONTACTED.  
  • FORWARDED ACCOUNTS:  CONSUMERS OR COMPANIES WHO RELOCATE OUT OF STATE WILL HAVE THEIR ACCOUNT FORWARDED TO AN AFFILIATE AGENCY WITH WHOM WE HAVE A LONG STANDING  AND CREDIBLE, WORKING RELATIONSHIP.
  • LEGAL ACCOUNTS:                                                                                                                                                   PREVIOUSLY AGREED UPON PROTOCOL WILL DETERMINE, WHEN AND IF LEGAL ACTION IS             ​     NECESSARY.                                                                                                                                                      BEFORE ANY LEGAL ACTION IS UNDERTAKEN WE WILL SEEK YOUR WRITTEN PERMISSION TO                PROCEED.                                                                                                                                                          WE  WILL PROVIDE ALL NECESSARY INFORMATION FOR YOU TO VALIDATE THE BASIS OF OUR              DECISIONS AND ACTIONS.                                                                                                                                 EXPENSES ENCUMBERED FOR LEGAL ACTIONS BECOME THE FULL RESPONSIBILITY OF THE                  AGENCY.    
  •  CLIENT TRUST: TRUST CHECKS  AND STATEMENTS WILL BE TENDERED BY THE  TWENTIETH DAY, FOLLOWING THE END OF THE MONTH, IN WHICH COLLECTIONS WERE MADE. THE TRUST STATEMENT ENUMERATES COLLECTIONS BY ACCOUNT AND THE REMAINING BALANCE TO BE COLLECTED, BY ACCOUNT.