Debt Collection Company
Posted on December 1st, 2008 in Business Business
What would you do if you owned a business and you had customers who refuse to pay their bills on time? You know you need the money to succeed. You can't waste your own valuable time calling these customers and asking when you can expect payment. You probably don't want to hire a person to do this and your accountant is probably all ready too busy as it is. Where do you turn? You hire a Collection Agency to help you.
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 offer a number of solutions to your non paying customers. Payment plans, settlements, refinance a home or consolidate debt. RRS will have a satisfied customer and possibly a happy debtor.
Here are the steps they will usually take with your customers.
First, RRS enters the debtor into their software. The 1st demand letter is sent out. A phone call is made and/or a fax/email is also sent.
If the 1st attempt fails the 2nd demand letter is sent. Calls, faxes and emails will continue.
If they have not paid yet it is time to report to the credit bureaus
If the debtor has not responded RRS will send a certified final demand letter.
The customers really appreciate all the ways they can pay RRS. EFT, Paypal, Credit Card, Western Union. The list goes on and on.
Rapid Recovery will send a status report on a monthly bases. Weekly for larger clients.
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
for more detailed information go to: 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.
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