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.