Accounts Retrievable Systems – Debt Collection Services
It is never good for a business or client to have an invoice past due. It can be embarrassing and frustrating for the client when they are going through financial issues, as it can be frustrating for the business owner when trying to collect money owed. If you are a business owner and are trying to recover money owed to you, try using a collection agency, there is no risk.
A collection agency is an organization that you hire to help collect on past due accounts. The longer you wait to place an account with a collection agency the smaller the chance of your account being collected on. Of course we put in every effort to collect on your past due invoices, but there are no guarantees that we can always collect on your past due account. The sooner you hire a collection agency, the greater the chances you will get the money that is owed to you. When you hire a collection agency it saves you a lot of frustration with writing collection letters and making phone calls.
There is a fee that all collection agencies charge upon collection, and every agency has a different rate. The average rate is fifteen to twenty percent of each account collected. The advantage of hiring a collection agency is that when you think your account can not be collected on, there is no risk placing it with an agency. If a collection agency does not collect on your account then they do not collect a fee. When you hire a collection agency it is important to check the agencies credibility.
It is important to hire a collection agency that follows all debt collection laws and regulations. Collection agencies are allowed to reach the debtor by fax, phone and mail but not in a threatening manner. There are also regulations on what time and how you can contact debtors. When calling a collection agency representative has to identify themselves and be direct about the purpose of their calls.
Call Accounts Retrievable System For More Info at (800) 327-4687