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Working with a Collection Agency

 

When working with a collection agency the more accurate information you provide about the account(s) the better it  will improve collections. The information should include:

Full Name, Address, Telephone number of the debtor
Name of debtors spouse
Debtors occupation or last known occupation and phone number
Names of relatives, friends, and references
Summary of any disputes
Date of last transaction
Cellular phone, fax, pager numbers
Nick names or aliases, maiden name
Has their mail been returned?

Also important is too make sure that your collection service is fully acquainted with the nature of the goods or services involved. If the collection service is familiar with the goods and services your company provides, it will be better suited to handle the situations that arise during the collection process.

IMPORTANT: Never place an account with more than one collection service. If you change collection agencies, be sure to notify the old agency so that  the account is only being worked on by one service at that time.

 

 

 

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Collection Services | Working with a Collection Agency | Collection Advice | Unsecured Debt Collection | Medical Debt Collection | Credit Card Debt Collection

Bad Check Collection | Commercial Debt Collection | Consumer Debt Collection | Nationwide Debt Collection | Debt Recovery

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