Accounts Retrievable Systems - Hiring A Collection Agency
Collecting on past due accounts can be stressful. Hiring a collection agency is not. Accounts Retrievable Systems works thoroughly to collect on your past due accounts while you focus on new business and keep your attention on clients who are paying on time. Our collection agency has a national network of over 420 collection attorneys. Our success rate depends largely on the age of the debt, the time of placement and will always vary depending on the industry. There is no guarantee that we can always collect on past due accounts but we can guarantee that each and every claim placed with us will be worked throughly as we put our best efforts in collecting your money.
There is a statute of limitation on outstanding debts. This statue varies from state to state, but generally falls between three to seven years. Judgments however are good for 5 to 20 years, depending on the state. Also in some states there may be an option to renew the judgment for five or ten more years. Our collection agency is full of experts on debt collection. Unless you are an expert yourself you may have a hard time collecting on past due accounts and judgments. This is what we do, and we do it well.
To start the collection process there is some forms of documentation you will ned to send up. You will have to send our completed placement form along with a comprehensive statement of accounts and if possible, invoice copies are usually sufficient to start the debt collection process. If there are any “bad” check that are part of the debt from your client, those are required as well. Using the services of a debt collection agency will often get the attention of the debtor and they are more likely to pay up.
Call Accounts Retrievable System For More Info at (800) 327-4687