What kind of past due accounts can a collection agency help with?
Some collection agencies will specialize in certain kinds of past due accounts. A full service collection agency, such as Rumson, Bolling & Associates, will work with all kinds of past due accounts. It is important to ask a potential collection agency what kind of past due accounts they will work on and if they have experience collecting on them.
What if I’m missing contact information for the debtor?
If you’re missing any needed information, the collection company can skip trace your debtor. Skip tracing is the act of locating a debtor. Most collection agencies, like Rumson, Bolling & Associates, will not charge extra if your debtor requires skip tracing services.
What if the collection attempts are unsuccessful?
You may have the option to send your account to litigation. Depending on the collection agency, your account may be forwarded to an outside attorney or handled by an in-house attorney. Rumson, Bolling & Associates has its own staff of in-house attorneys to make the entire process much simpler.
Are there annual contracts or fees?
Some collection agencies may make you sign a contract with their company. Others will not and you may choose when and where you work with them. Rumson, Bolling & Associates does not require long term contracts. You will need to ask any potential collection agencies you wish to work with to see if they require one or not.
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