Who hasn’t Googled an ex by now or found long lost friends and family through Facebook? The technology for finding people has been growing rapidly in the recent decades. Skip tracing has been a common practice for judgment collections companies since inception but with modern technology, debtors are having a harder time staying off the collections radar.
Judgment collectors used to have to sift through phone books, make extensive calls, and hound the neighbors in order to carry out skip tracing business. However the professionals in judgment collections businesses such as Accounts Retrievable have been able to utilize the digital trail that debtors leave behind to enforce judgments. The debtor doesn’t even have to be in the same state or country as the judgment collection company because with use of a computer or even a smart phone, debt collectors can track anyone down. Even police enforcement agencies are utilizing social media and social networking as a viable tool for solving and prosecuting crimes.
People are becoming more and more dependent on their smart phone. The benefit to skip tracers is that these smart phones have GPS hard wired into them and every app or function is usually geo-tagged when in use. The lines of right to privacy are more than a little blurred in this growing technology but as a judgment collector, this can be used to benefit your creditors. Even if a person is not necessary checking in on apps such as Foursquare or Facebook, their location can show up just from posting or searching.
With a little bit of know-how, social networking can be a great benefit for tracking down debtors. We can even track down those who are hiding out in other states dodging their child support payments or the judgment that has been placed on them. Skip tracing used to be an impossible job that required a large amount of foot work and paper work.
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Ever get those automated calls for political or marketing purposes? Well, those are commonly known as “Robo-Calls.” They are made from a computerized autodialer that sends to the person answering a pre-recorded message. The 3rd US Circuit Court of Appeals in Philadelphia ruled that under the Telephone Consumer Protection Act (TCPA), consumers may withdraw their consent to have robo-callers contact them by cell phone with automated calls. By sending a written opt-out request, the calls must stop. It is important for people who are debt collectors or who are looking to recover their own business debt that they know the laws regarding consumer rights.
The automated calls are commonly used for tele-marketing and public service or emergency announcements. Often times debt collectors will use Robo-Calls as a means to attempt to collect judgments, collect debts, and notify customers about delinquent payments. The problem that people experience is excessive calling at all times of day and night from a debt collector that isn’t even human. Some debt collection agencies will use these automated calls as their primary means of collections. Not only is this a sloppy and ineffective method, but it portrays to the consumer that the debt collectors are the bad guys.
While phone calls are a necessary aspect of debt collection, we find it to be a harassment for there to be an excessive amount of calls, especially automated calls. The courts ruling is primarily to benefit the consumer who is being bothered. However it sends a clear message to those of us in the debt collection industry that bothering people will get you nowhere- except maybe to court.
Accounts Retrievable specializes in Judgment Collection in the state of New York. We are dedicated to the enforcement of civil judgments. Facts are that 80% of judgments are never recovered. Although a Judgment will be awarded in your favor, it is your responsibility to recover the judgment. Our Judgment recovery specialists can succeed in collecting on your judgment and succeed when you can’t. The experts at Accounts Retrievable are trained for every situation and industry.
When are judgment is awarded in your favor it entitles you to certain remedies under the law which enables us to collect the balance due. Remedies for Judgment Recovery are garnishment of debtor’s bank and brokerage accounts and garnishment of wages. Other remedies are levy and execution of personal property including automobiles, boats, equipment, etc. In rare and exceptional cases remedies include levy and execution on real estate and business assets.
Our goal at Accounts Retrievable is to provide fast and efficient collection services at competitive rates. Our fees for Judgment Recovery are as follows:
JUDGMENT COLLECTION DIVISION
RATES: Contingent Upon Collection
33% of collections, net, after execution costs. Such costs include, and may not be limited to, Sheriff Fees, Marshal Fees, Attorney Fees, and Court Costs. You should note that if the Judgment Debtor moves to another state, and you desire to domesticate your Judgment in the “new” state, you must advance the local Court Costs to domesticate your Judgment.
Accounts Retrievable – Collecting Judgments In New York
At Accounts Retrievable we specialize in Judgment Collections in the state of New York. We are entitled to certain remedies under law to collect your judgment for you. We know the right tactics to collect Judgments, especially in the state of New York. We do charge fees to collect on your judgment, which is listed below:
JUDGMENT COLLECTION DIVISION
RATES: Contingent Upon Collection
33% of collections, net, after execution costs. Such costs include, and may not be limited to, Sheriff Fees, Marshal Fees, Attorney Fees, and Court Costs. You should note that if the Judgment Debtor moves to another state, and you desire to domesticate your Judgment in the “new” state, you must advance the local Court Costs to domesticate your Judgment.
CCP Section 695.010(a) provides that all property owned by the debtor, subject to certain exceptions, is subject to enforcement of a judgment. Community property owned by a debtor’s spouse is included within the “all property owned by the debtor.”
Additional costs and interest may be added to the judgment. As money comes in from the debtor to the creditor, it is first applied to satisfy any additional costs and interest, and only then, the principal balance of the judgment. Interest accrues only on the original amount of the judgment unless judgments are periodically re-recorded, in which case interest compounds. Judgments continue to exist for 10 years from the date of the entry of the judgment.
Judgments may be renewed for additional terms of 10 years. Judgments are usually collected through the lien mechanism. The creditor will place a lien on the debtor’s real and personal property (by recording the judgment with the county recorder’s office or entering it with the Secretary of State), and the lien will be satisfied when the property is sold by the debtor or foreclosed upon by the creditor. Once the underlying judgment is satisfied, the lien must be released.
Accounts Retrievable Systems – Information About Judgment Collection
Accounts Retrievable is your global resource for international collections. We accept a broad variety of accounts such as Judgments, Commercial & Consumer accounts and we specialize in collecting Unpaid Child Support and Unpaid Alimony (Spousal Maintenance). The minimum account we will collect on is $1,500. There are not upfront fees, all of our fees are contingent upon successful collection of your accounts. All of our fees are contingent, we only get paid if you do.
If you are looking for an easy way to place your account or accounts, we have an easy placement system on our website. Whether you have one account to place or a large volume you can place them through our website, e-mail or by fax. We have made our placement process completely customizable so you can place you account in the easiest manner for you.
Determining the best time to place your account may vary due to your specific situation. Although there are no set parameters, we suggest that a good guideline would be 90 to 150 days from the date of the last payment or invoice. There are some situations in which you should place your account sooner such as loss of contact, broken promises, mail returns or lack of response. The sooner you place an account with us, the better chance that we have to recover your money.
Information that we need to start the collection process are the name, address, contact name, telephone and fax number and a statement from you showing the outstanding balance and invoice(s) information. Judgment collections require a copy of the Judgment or transcript. All additional backup documentation can be provided at the time of placement or at a later date. Backup documentation includes invoice copies, contracts, etc.
Accounts Retrievable Systems – Hiring A Collection Agency
Our goal at Accounts Retrievable is to provide fast and effective collection service at competitive rates. We have been providing fast and effect services to clients all over the United States for over thirty years. Our client base includes a broad range of industries. The client base at Accounts Retrievable includes retailers, wholesalers, manufacturers, banks, mail order companies, law firms and credit unions. We receive claims from clients all over the country against debtors all throughout the country. We specialize in international debt collection services.
When you choose Accounts Retrievable as your collection agency, you can take confidence in our skilled professionals and their decades of experience. Our skilled staff members are experienced in all aspects of debt recovery and know the ins and outs of debt collection.
Common questions that one will ask when hiring a collection agency are what types of accounts do we collect on, the minimum debt we collect on, if we collect on international accounts and many more. We collect on a wide range of accounts such as Judgments, Commercial and Consumer accounts and specialize in unpaid child support and spousal maintenance. The minimum debt that our collection agency will collect on is $1,500. We are your global resource for all international debt collection services.
When you have money that is owed to you, whether you are a business owner or other professional, this is very stressful. When you hire a collection agency a lot of this stress is alleviated because you the professionals you are dealing with are experienced in debt collection. The staff at a collection agency is highly trained and experienced in all aspects of debt collection and know what works and what does not in various situations.
At Accounts Retrievable we have over 30 years of experience in debt collection. We serve a broad spectrum of industries, businesses and clients. If you have never worked with a collection agency before, we have friendly staff who are ready to help you through every step of the way. Working with our collection agency is very simple. Placing claims is very easy and straight forward. You can place a claim through our website, email or fax.
You may not be sure of when the right time is to hire a collection agency. We suggest that you place an account with us as soon as possible to increase the likelihood of us collecting on your account(s). There are not set parameters on when the exact right time is but we suggest placing a claim when you account is 90 days past the due date of the invoice. Others choose to wait 120 days and if you are not sure if it is the right time, we can help you out with that too. The purpose of working with a collection is to alleviate stress, not bring on more!
Accounts Retrievable Systems – Hiring A Collection Agency
Recovering money owed to you can be very stressful and next to impossible if you are not experienced in debt collection. The Accounts Retrievable System is a national collection agency that has over 30 years experience in debt recovery. Our client base includes a vast variety including retailers, wholesalers, credit unions, law firms, manufacturers, banks, mail order companies and universities. Our collection agency serves clients all over the United States against debtors all throughout the country and to help in your process of debt recovery.
At Accounts Retrievable our goal is provide fast efficient collection services at competitive rates among our competition. We work on a contingency fee basis, this is the standard in the debt recovery industry. What this means is that if we collect the money owed to you, we will earn a fee from the money collected. Also if we do not collect money owed to you, there is no charge to you for our efforts.
We serve a vast variety of businesses in many different industries and we also collect on many different types of accounts. We accept claims for judgments, commercial and consumer accounts and we specialize in unpaid child support and spousal maintenance. With all claims the minimum amount we will accept is $1,500. It is very simple to place accounts with us. Debt recovery has just become easier for you with our easy to use claim placement system. You can place your claim through our website, e-mail, or by fax. If you need further help in the claims placement process you can contact us and we are glad to help answer all questions that you may have.
Accounts Retrievable Systems – The Right Collection Agency
A collection agency is a business that pursues payments of debts owed by individuals or businesses. Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed.
There are many types of collection agencies. First-party agencies are oftentimes subsidiaries of the original company the debt is owed to. Third-party agencies are separate companies contracted by a company to collect debts on their behalf for a fee. Debt buyers purchase the debt at a percentage of its value, then attempt to collect it. Each country has its own rules and regulations regarding them.
A collection agency is a third-party agency, called such because such agencies were not a party to the original contract. The creditor assigns accounts directly to such an agency on a contingency-fee basis, which usually initially costs nothing to the creditor or merchant, except for the cost of communications. This however is dependent on the individual service level agreement (SLA) that exists between the creditor and the collection agency.
The agency takes a percentage of debts successfully collected; sometimes known in the industry as the “Pot Fee” or potential fee upon successful collection. This does not necessarily have to be upon collection of the full balance; very often this fee must be paid by the creditor if they cancel collection efforts before the debt is collected. The collection agency makes money only if money is collected from the debtor (often known as a “No Collection – No Fee” basis). Depending on the type of debt, the age of the account and how many attempts have already been made to collect on it, the fee could range from 10% to 50% (though more typically the fee is 25% to 40%).
Accounts Retrievable Systems – Debt Recovery Experts
When you own a small business you have enough things to worry about, recovering money owed doesn’t have to be one of them. Having past due accounts and clients that won’t pay is unfortunately part of running a business. We understand that although it is part of business, you don’t have to write off that money or stress yourself out trying to recover it yourself. When you hire a collection agency your stress and worry is drastically reduced. Our staff at Accounts Retrievable is highly trained and experienced in debt recovery. We know what works and what doesn’t in almost every debt recovery situation.
Accounts Retrievable is a national collection agency that serves the needs of respected clients. Our client base includes retailers, wholesalers, credit unions, law firms, universities, banks, manufacturers, and mail order companies. We have experience with debt recovery with all different businesses of all different sizes. We receive claims from creditors throughout the United States against debtors all throughout the country. The skilled professionals are experienced in all aspects of debt recovery.
We are experienced in Judgment Collection, Commercial and Consumer Collections, and specialize in unpaid Child Support and Spousal Maintenance. The minimum amount for claims that we will accept is $1,500. There are no upfront charges to pay when you work with our collection agency. In the collection industry, working on a contingency fee basis is the standard. What this means is that if we collect the money owed to you we will earn a fee from the money collected. If we are unsuccessful with the collection of your account, we do not charge a fee to your for our efforts.
