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In
working with commercial and consumer claims, the
firm has devised a tailor-made software program
and database to constantly update collection
managers with monthly status reports. Because this
firm handles the processing of all claims for the
U.S.A. and International transactions from our
Atlanta office, we have developed an experienced
attorney network familiar with commercial and
consumer claims. All of the attorneys affiliated
with this firm are bonded by national law lists
and are members of the Commercial Law League of
America. Because of the need for speed and
accuracy in dealing with collection matters, all
attorneys are required to report and update this
law firm every thirty (30) days. Furthermore, all
correspondence, lawsuits, and necessary
information, such as affidavits, are coordinated
through this office.
Our firm also has an affiliate investigative
service to deal with skip tracing and asset/income
investigations. The costs of these services are
relatively low in comparison with the outstanding
ability to locate and collect previously
determined written-off accounts.
Once
an account is turned over to our firm, the
following takes place in chronological sequence:
·
A demand letter is sent to the debtor
giving them ten (10) days in which to
respond.
· Telephone contact commences after
the ten day period elapses.
· Telephone contact after ten (10)
days of promise by debtor to pay.
· Investigative reports for lawsuit
determination if no response.
· Lawsuit initiated
· Trial
· Post judgment procedures once
judgment obtained including garnishment,
levy or foreclosure. |
It
should be further noted that legal action
determination is made within thirty (30) days of
account turnover. Therefore, accounts do not get
stale, but are expediently acted upon by this
firm.
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