Follow-up Claims
Any good collection process and credit management, requires sophisticated tracking and follow-up mechanisms put in place. The legislation governing state and federal territories make tracking and follow-up an neccessessity.
A good collection process is to have a system in place that prompts you when a debt amount is due, or when to send the next letter to the debtor, and if an installment plan is setup, tracking the future installments is an integral part of good collectoin system.
Express Collections
Express Collection is a very unique and sophisticated web based collection system. It gives you the ability to put payment plans in place, track the next step if the debtor falls behind in payments, and the automated follow-up system allows tracking of payment history, reconciliation of letters and all actions taken to recover the debt simple to achieve.
Pursuing a debt until the end
Chasing debtors payments is not an easy task, and sometimes it requires more than just a phone call or a collection notice to get your money. The legal system is complex and slow, however if legal is the only option left, then you must be completely prepared before you confront the courts, or you may lose the case and be ordered to pay costs.
Completely prepared Means,
- To have a copy of each letter sent to the debtor,
- Communication ledger
- Dates & Times of phone calls
- Debtor's response to your request for payments
- Debtor's actions and promises
- Any signed agreement, such as, ( Payment Plan, or Promisory Notes )
In addition to this, the laws governing the collection process are designed to assist the debtor not the creditor, and any breach of these laws by the creditor and or the creditor's agents, may give rise to significant fines, and or prosecutions.
Conclusion
Becoming a member of Express Collections gives you access to a list of incredible debt collection tools, our system is so complex in development but simple to use, we guarantee that if you become a member and are not completly satisfied within 30 days of becoming a member, we will gladely refund your money.
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