Chat with us, powered by LiveChat

Hiring a Debt Collector: What to Look for in an Agency

May 12, 2021

hiring_a_debt_collection_agency_in_atlanta

Easy, safe, and stress-free. Hiring a debt collector allows any business to take appropriate legal action on past due customer delinquent accounts. Especially for customers you’re close to, debt recovery is usually never easy. Surprisingly, many business owners forgo the importance of their cash flow to empathize with clients (debtors) having money problems. Your business’s credit is just as vital as your customers’. Don’t waste any more time over collections. Find out what to look for in third-party debt collection services. 

Debt Collection Agencies

Work with a debt agency whose employees have continuous training.

Just like medical professionals or teachers, a license is not enough. Every industry of the world evolves at its own pace. The debt and financial industry, as the education or medicine industry, constantly changes. Therefore, it is impertinent to work with debt professionals who are up to date on legalities like the Federal Trade Commission to collect debt. Being knowledgeable of and abiding by the Fair Debt Collection Practices Act (FDCPA) is not enough. Would you work with a debt collector who has been dealing with customers the same way since the 80’s? Of course not. Capital Recovery Corporation (CRC) in the Atlanta area requires its personnel to maintain on-going training.

Find a debt collection agency that doesn’t collect a fee unless you recover debt.

Unfortunately, many debt agencies will charge a fee even if they were unable to recover customer debt. Not with CRC. They have a no-collection, no fee stance that holds strong. Although, with CRC you do not have to worry about this. Using legal resources such as advanced skip tracing and other tools, they track down hard to find debtors. Working with a company who believes they should not be paid until you are paid, is key. Many business owners, especially small business owners, still are not interested in paying a fee to a company even when debt is retrieved for them. Yet, the chances of recovering debt from delinquent accounts is higher when working with a collection agency.

Hiring a Debt Collection Agency

Work with a company who has experience in healthcare debt collection and commercial debt collection.

Collection agencies like Capital Recovery Corporation (CRC) in the Atlanta area have decades of experience working with healthcare and insurance overpayment, plus commercial collections debt recovery. Their team of certified debt collectors have the experience and empathy to communicate with customers who are struggling financially. Also, they will work to create payments plans so your business gets what it deserves for services rendered.

Hire a Collection Agency

The choice is simple. Hiring a debt collector means stop wasting time. Call professionals whose craft it is to retrieve money for businesses struggling with cash flow and AR management. Not only will Capital Recovery work with you to obtain debt owed, but they will create a future plan for successful debt recovery. Contact CRC today to learn more about how they can help your business. Then, your business can get back to the most important things, customer relations and quality service.