What is Debt Collection?
Debt collection is exactly what it sounds like. It is a process where you as a business owner or a collection agency works to collect past-due debts from unpaid invoices. As an individual or a business, if you get behind on loan payments, credit card payments, or an invoice for goods or services, and let that debt get way past due you may have already been contacted by a debt collector.
We are a debt collection agency and we work to get the debts paid. We reach out and contact all parties involved in the bad deb. This means that if you have ever co-signed for a loan, if you happen to be an authorized user on someone else's credit card, and those loans go into default, you are at risk to be contacted by our collection agency looking to recover the payments that are delinquent and overdue. No matter if you didn’t even know the debt existed you are liable if you are involved in some way.
Overdue debts can be from any type of unpaid debt including but not limited to:
Debt collectors in Abilene are third-party entities that work on behalf of your company to collect past due invoices and debts. Our Texas collection agency is paid based on the success of the debt recovery, meaning the creditor pays us a percentage of the debt collected. Another method that some debt collection agencies use to make money is that they will sometimes buy bad debt for pennies on the dollar after you fail to pay back the debt to the original creditor — and then go after you to recover the monies owed.
The Best Debt Collection Agency Serving Abilene, Texas
Can You Help My Businesses Collect on A Debt?
We provide debt collection services for many different types of businesses and industries including, but not limited to, small and mid-sized businesses, corporations, nonprofits, and all types of industries including but not limited to oil & gas, healthcare, dental, communications, government, education, utilities, and home services, and more. Pretty much if you are owed money and are looking to collect on a bad debt, we can help. Call us today for a free debt recovery consultation.
How Much Does It Cost To Submit Accounts To Collections?
We work on a “no collections, no-cost” basis. That means you do not pay us a dime until we collect on the bad debt that is owed to you. That should make the decision pretty easy when looking to hire a collection agency. Our debt collection fee is paid only after we are successful and produce results for you. Contact us today to discuss your case and we will get started collecting the past due invoices.
Ready To Collect Your MOney?
CALL TODAY: (855) 743-2561