It’s to everyone’s benefit to have an account collected quickly and efficiently. Early placements have higher success rates but there are many variables that may inhibit the process. This would include loss of employment, divorce, bankruptcy, illness, disability, and/or financial and other hardships. We cannot pinpoint exactly when an account will be collected. In spite of using the latest in skip tracing technology, many accounts are uncollectable simply because there is no accurate demographic information, or despite all of our efforts, the person’s whereabouts remain unknown.
Collection Bureau will work diligently to collect your accounts. It’s imperative to understand that not all debts are collected immediately. Some patients and clients may not pay until they are faced with the possibility of negative credit reporting or litigation. Others may not be concerned at all about their credit report until they need to make a major purchase. Once the debt appears on their credit report, they have no choice but to fulfill their obligation and pay for the services, which were rendered in good faith.