4-step process to commercial debt collection
Post on 16-Apr-2017
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Innovative 4-Phase Approachfor Commercial Debt Collections
Brown & Joseph, Ltd.
Accounts Receivable Management FirmCredit and Collection Specialists
► Headquartered in Rolling Meadows, Illinois
► Brown & Joseph has represented companies nationally and internationally
► since 1996
► We offer our clients a wide range of comprehensive accounts receivables
► management services custom designed to fit your needs
Industries We Specialize In
► Business Services ► Media
► Commercial Cable ► Telecommunications
► Deregulated Energy ► Telecommunications
► Insurance ► Transportation
► Manufacturing ► Wholesale
Innovative 4-Phase Approach for Commercial Debt Collections
► Increases recovery percentages
► Reduces the need for debt recovery litigation
► Combines the best of all the practices employed by commercial credit risk
► analysis companies, commercial collection agencies, debt collection law firms
► and litigation law firms for the same contingency fee you pay to your agency
Phase One Commercial Credit Scoring and CommercialCredit Risk Analysis
► Upon receipt, all cases are credit scored and a credit risk analysis is performed
► The information contains payment history trends, state and federal tax lien information,
► pending laws suits, unsatisfied judgments, UCC filings, secured creditors, etc.
► The benefit is faster payment of debt, higher settlements, and less litigation
► We will provide you with factual information so you can make the best
► settlement or litigation decisions when needed
Phase Two Initial Commercial Credit Risk Analysis and B2B Debt Collections
► Files are segmented and prioritized by their predictive payment trend and balance
► Cases are assigned to our experienced B2B debt collections specialists
► Companies with medium to low scores, meaning high credit risk, have a tendency
► to delay recovery with unsubstantiated disputes and are diverted to our in-house
► collection attorney law office for pre-litigation collection calls without increasing
► contingency fees
Phase Three Internal Law Office Collection Attorney
► Increases bad debt recovery percentages
► Obtains higher settlements
► Reduces litigation costs
► Reduces time spent in resolving the more difficult assignments
► You receive the impact of a law office collection attorney for the same
► contingency fee you now pay to your collection agency
Phase Four Debt Recovery Litigation
► When a debt is not paid, our internal collection law firm management team will
► review and recommend suit, when needed, based on factual commercial credit
► scores and the commercial credit risk analysis obtained in our initial phase
► Brown & Joseph maintains a national network of experienced litigation law firms
► We are a member of the Commercial Collection Agency Association section of
► the Commercial Law League of America
Client Support Services
► Extensive reporting capabilities customized by client request
► Online access provided to accounts placed 24/7
► Live phone support
► Online placements
► On–demand credit reports and analysis
Technology and Security
► Business Intelligence
► State of the art encryption data security
► All collection calls are recorded
► Video monitored surveillance
► Building security 24 / 7
Judge Us By the Companies We Keep.
We Work With Clients Such as…
Ready to Develop a Strategy With Our Collection Specialists? Contact Me Today.
Allison SimaMarketing Coordinator
Phone: 888-829-9997 x209asima@brownandjoseph.com
2550 West Golf Road Suite 300Rolling Meadows, IL 60008
Visit us at www.brownandjoseph.com
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