Do you feel the time has come to begin streamlining your accounts receivable files? Then it is the time to hire a collection agency. Skilled collection agencies can properly asses all accounts of medical providers, medical facilities and any creditor with medical bills that remain unpaid. An extensive amount of delinquent accounts is certainly an issue that should be addressed immediately. There are many services and functions that a professional collection agency provides to their clients. These range from a demand letter to the debtor and contact via telephone. In the cases of those whose whereabouts are unknown, there is a specific method the collection agency utilizes to locate the debtor. This process, known as skip-tracing, requires a particular skill set in order navigate the information successfully. The collection agency can use this information to verify assets of the debtor which in turn helps to quantify the success rate of bringing legal action against a debtor. In these cases, the collection agency can also appear in court on behalf of their client, during legal proceedings, to attempt to acquire a judgment.
It is worthwhile to note that if your business is seeking out a collection agency, you may ask them to furbish references so you may best determine whether or not the agency is a good fit. Moreover, a great way to acquire accurate information is to check with the attorney general of the respective state. This allows one to view any complaints or whether or not there has been any legal action taken against the agency. Keep in mind, the collection agency will be attempting to collect outstanding debts on behalf of the client and situations can sometimes go awry. This is why establishing a good relationship from the beginning of the collection process will ensure a smooth process moving forward. A client may always inquire about the Fair Debt Collection Practices Act (FDCPA) and how it specifically applies to the collection agency. These are the laws that govern most collection agencies in the United States and they must always act in accordance with these laws to ensure that the rights of the debtor are never violated.
To get started today, call our toll free 1-877-680-6064 to speak with an associate or fill out the form above and we will contact you within 24 hours.