Choosing a collection agency to work on your past due accounts can be a difficult choice. Will they be able to recover the money owed to you? What might they charge? And how long will it take? In order to determine whether a collection agency is right for you, there are certain questions you should ask.
What is their success rate?
How often do they see money recovered on an account? It is always a good idea to know what chance the agency has of getting your money. Just keep in mind that certain factors (such as age) will affect the recovery rate on your own account.
How long before they start on your case?
It is always wise to know how long a collection agency will take with your case. Some collection agencies will begin working on your case right away, while others might take days or weeks before giving your case the attention it deserves.
Rumson, Bolling & Associates begins working on your case within 24 hours of it being submitted. With our high recovery rates and fast turnaround, is the perfect choice when deciding what collection agency to use for your needs.
How well prepared are the collectors?
Do the collectors keep updated on the latest collection techniques and technology? Do the collectors understand your industry and have experience collecting for that industry?
Rumson, Bolling & Associates employs only highly professional collectors that are knowledgeable in the latest forensic collection techniques. Rumson, Bolling & Associates has collectors with experience in all kinds of industries, so we can find a collector suited for your case. We believe the key to success is being prepared for anything that might lie ahead.
What options does the collection agency provide if they are unable to collect?
Some agencies have the option of forwarding your account to an attorney to proceed with litigation if it is deemed necessary. The collection agencies will handle the process for you.
Rumson, Bolling & Associates has a network of attorneys with the ability to handle all kinds of cases in order to give you the highest chance of a successful litigation.
Can the collection agency handle judgment collections?
If you have a judgment against your debtor, it is vital to make sure your collection agency understands them and is able to collect on them. There are many steps that can be taken concerning a judgment, and it is important the collection agency fully understands them.
Rumson, Bolling & Associates is experienced when comes to collecting on a judgment. We understand all of the options available, as well as experts when it comes to finding your debtor and their assets.