Debt Collection Agency
I’m sure every business owner has asked him/her self, what can I do if my customers won’t pay me? Do I hire an in-house person, my accountant, an Attorney? The most cost efficient and effective method is a Debt Collection Company.
One such collection agency is Rapid Recovery Solution, Inc. Rapid Recovery is a Full Service, Attorney Based Debt Collection Agency serving clients worldwide. They have 750 offices in 360 cities in 60 countries. That makes it easy for them to contact customers who move around a lot. They understand that your business will not run properly if your customers do not pay. They also understand that businesses work best in 30-day revenue cycles.
They work with businesses of all kinds. Here is a sampling of some of the collections they have done: corporate accounts, educational facilities, telephone companies, utility companies, taxes, bad checks, repossessions and even bank cards. This list proves that they have experience. They also provide these services: credit bureau reporting, a state of the art skip-tracing department and effective dunning notices.
They will even have different plans they can offer your past due customers. This will enable your customers to pay on a timely basis. In turn, you and the customer will be happy.
The following steps are used to successfully collect your money.
First, they will enter all the information on your past due customers into their database. The dunning notices will now begin. The determination on the frequency and type of dun will depend on the circumstances involving each account. You may discuss this with a company representative.
A second letter will be sent after 30 days if a payment has not been secured. The calls will keep going out.
If necessary, the credit bureaus will be contacted about each past due account, if this is want the client wants. This will be discussed first.
A final demand letter will go out via certified mail.
To make it easier for your customers to pay Rapid Recovery Solution, Inc. can accept payments for you through check by phone, credit card payments and debit payments.
When it warrants, each file will be updated every thirty days, especially when customers do not make the payments as promised.
Rapid Recovery Solution, Inc. strives to be the best at getting you paid. Feel free to contact them: 80 Orville Drive ste 100, Bohemia, NY 11716 and by phone at 631-776-8109
or visit them here: http://www.RapidRecoverySolution.com
Rapid Recovery will bend over backwards to earn your trust and confidence. Give them one chance to impress you and you will never have to worry about past due accounts again.
Filed under: Business