Wednesday, July 29, 2009

How to Make Your Debt Collection Efforts More Successful

Rumson, Bolling & Associates wants to give some pointers on how businesses and individuals can make their collection efforts more successful. Our first piece of advice to creditors is to have information on your debtor. Rumson, Bolling & Associates can carry on the collection process with just a bounced check or something of the nature, but it’s best to have contact information. Many times our clients have debtors with common first and last names such Kevin Smith, John Williams, etc. common names like these need to be cross checked by skip-tracers, this is a long process that takes up man hours and resources, sometimes this process may happen more than once depending upon the circumstances. Rumson, Bolling & Associates highly suggests creditors to get information such as name, address, phone number(s) and SS # if possible. Information like this can expedite the collection process almost twice as fast, if not more. Once you obtain this information, make sure you keep current client/customer information. All of this will help speed up the collection process; cut costs down ultimately giving you the creditor an easier collected debt.

Wednesday, July 22, 2009

More kind words from our clients

My brother and I own a lumber mill and within the past year have gone through some rough times. If you have ever seen the Discovery Channel’s show Swamp Loggers, then you’ll get an understanding for what we are going through. Our logging machines are constantly breaking down, the demand for lumber is low right now because most construction industries are failing. The economy has my brother and I stuck in a hard spot, and we needed help. In last few years we have collected a fair amount of unpaid invoices, partially paid invoices and bounced checks. We found Rumson, Bolling & Associates. Other collection agencies we had spoken to said our invoices were too old, or uncollectible, thankfully they have been able to collect and get the job done. If you have money owed to you, R.B.A. can help.

The Salinas Brothers