Once we understand why the claim is unpaid, we develop a plan to work with our clients and debtors to resolve the debt.
We have extensive business and negotiation experience, that dramatically increases our rate of success.
With that in mind , the graph below outlines how important it is to collect the debt sooner than later.
The Commercial Law League of America compiles information annually on the actual collectability of accounts based on age. The industry success rate falls to 50% at only 7 months past due months . The likelihood of a write-off increases more than 7% each week from the first day an account is past due.