Accounts Retrievable Systems – Debt Collection Services
A common question creditors often as is when they should place an account with a collection agency. Generally you would place an account with a collection agency when it is 90 days past due or 120 days after the invoice date. If there has been no contact with the customer then you should definitely consider placing your account with a collection agency.
If an accounts is 90 days past due you have probably sent out several statements or collection letters to your debtor. If you have tried bring attention to your customer and there is no response or you have received a response that they won’t pay it is time to place your account with us. There are a few instances where you might not wait the full 90 days after the due date, one being if the customer has already broken two or more promises of payment.
Sometimes it is not the best to hire a collection agency with the lowest fee. Every collection agency has a different fee for collection. Our fees are on a contingency basis, we do not collect a fee if we do not collect the money owed to you. If you need help collecting on the money owed to you, give a us a call and we can help you out.
Call Accounts Retrievable System For More Info at (800) 327-4687