Popular on eTradeWire
- Stephanie Peppers Launches Rethread Chronicles - 185
- Cozy Up with Adirondack Fragrance Farm's New Soy Wax Melts - 127
- History Matters: Book Recommendations for September 2024 - 124
- Allegiant Management Group Launches New Website Following Recent Rebranding - 110
- Mounts Botanical Garden to Present RIBBIT THE EXHIBIT II with 18 Larger-Than-Life Frog Sculptures - 106
- Atlas Elite Entertainment Releases New Single "Forever"
- Wagoner Roofing Launches New Website
- Beyond Wellness Chiropractic Voted Best Chiropractor in Charleston for 2024
- Colony Ridge Welcomes A Second DG Market!
- Title Alliance Announces Strategic Consolidation of their Arizona Joint Ventures to Enhance Business
Similar on eTradeWire
- ALLTRA SonicSwap Expands DeFi Opportunities with Weekly Listings and Global Partnerships
- ALL Mainnet Launches AUSDT Stablecoin onto the global arena
- The Giving Edge: Is Leveraging Outrageous Kindness the Missing Link for Corporate ROI?
- Smart Merchant Solution goes BLUU to strengthen its position in the Point of Sale (POS) Solutions and Payments Processing Sector
- Subprime Auto Market 2025 Outlook
- Bridgepoint Advisory Launches New Website Offering Strategic Business Consulting Services
- Circumference Group Acquires Majority Stake in Visionary Integration Professionals
- New Short-Term Care Insurance Has Some Attractive Features
- Tutanota LLC Extends Tender Offer for up to 350,000 Shares of Common Stock of Alphabet Inc
- New Frontier Aerospace Closes Seed Round with Pacific Bays Capital
Michigan Debt Collector Shares their 90-Day Collection Timeline
eTradeWire News/10781221
CLAWSON, Mich. - eTradeWire -- How long does it take to collect on a debt?
How do agents actually go about the collection process?
Our clients love and appreciate the fact that our collection process, on average, takes only 90 days to complete. Our process is efficient, streamlined, augmented by technology, and generates results quickly. Below is a summary of the process:
1. New claim is processed same day as received. Acknowledgement is emailed to client.
2. Claim is assigned to a collection representative.
3. Demand letter is mailed and emailed to the debtor on day 1.
4. RSD agent reviews the file, investigates the debtor for (active, liens, judgments, etc.) and contacts the debtor for payment.
5. RSD agent will continue to make written and verbal demands upon the debtor on a frequent basis until one of the following outcomes occur:
a. Paid in full.
b. Settlement is agreed upon and paid.
c. Payment plan is setup and executed (exception to the 90-day rule, as many plans take up to 12 months or more to complete).
d. Litigation is authorized and carried out (exception to the 90-days rule, as litigation may take anywhere from 6 months to 2 years to complete the process).
More on eTradeWire News
e. Account closed as uncollectible with explanation provided to client.
Read this article on RSD's website: https://www.rsdcollects.com/debtcollection/commercial/debt-collection-companies-90-day-collection-process
Learn More About Debt Collection Companies
Debt collection companies shouldn't hide their collection process. To place a claim, call (248) 370-8160 or submit a claim form here: https://www.rsdcollects.com/claim
About Ross, Stuart & Dawson, Inc: Located in Clawson, Michigan, RSD is a commercial debt collection agency that focuses on professionalism, kindness, and most importantly, results. RSD operates both domestically and internationally in over 120 countries. Locally they serve Detroit, Grand Rapids, Lansing, the Upper Peninsula, and more. RSD is 1 of 26 agencies considered a "certified agency" by the Commercial Law League of America and is endorsed by the International Association of Commercial Collectors. https://www.rsdcollects.com/
How do agents actually go about the collection process?
Our clients love and appreciate the fact that our collection process, on average, takes only 90 days to complete. Our process is efficient, streamlined, augmented by technology, and generates results quickly. Below is a summary of the process:
1. New claim is processed same day as received. Acknowledgement is emailed to client.
2. Claim is assigned to a collection representative.
3. Demand letter is mailed and emailed to the debtor on day 1.
4. RSD agent reviews the file, investigates the debtor for (active, liens, judgments, etc.) and contacts the debtor for payment.
5. RSD agent will continue to make written and verbal demands upon the debtor on a frequent basis until one of the following outcomes occur:
a. Paid in full.
b. Settlement is agreed upon and paid.
c. Payment plan is setup and executed (exception to the 90-day rule, as many plans take up to 12 months or more to complete).
d. Litigation is authorized and carried out (exception to the 90-days rule, as litigation may take anywhere from 6 months to 2 years to complete the process).
More on eTradeWire News
- Hempex.com Launches USDA Organic Hemp Seed Oil, Expanding USDA Organic Hemp Product Line
- Vatican synod is opening the door a bit wider for Catholic women − Are Women Interested?
- Inherit the Wind at North Coast Repertory Theatre Reading Series
- ALLTRA SmartChain Partners with Kryptobox.io to Enhance Global Digital Asset Accessibility
- ALLTRA SonicSwap Expands DeFi Opportunities with Weekly Listings and Global Partnerships
e. Account closed as uncollectible with explanation provided to client.
Read this article on RSD's website: https://www.rsdcollects.com/debtcollection/commercial/debt-collection-companies-90-day-collection-process
Learn More About Debt Collection Companies
Debt collection companies shouldn't hide their collection process. To place a claim, call (248) 370-8160 or submit a claim form here: https://www.rsdcollects.com/claim
About Ross, Stuart & Dawson, Inc: Located in Clawson, Michigan, RSD is a commercial debt collection agency that focuses on professionalism, kindness, and most importantly, results. RSD operates both domestically and internationally in over 120 countries. Locally they serve Detroit, Grand Rapids, Lansing, the Upper Peninsula, and more. RSD is 1 of 26 agencies considered a "certified agency" by the Commercial Law League of America and is endorsed by the International Association of Commercial Collectors. https://www.rsdcollects.com/
Source: Ross, Stuart & Dawson, Inc.
Filed Under: Financial
0 Comments
Latest on eTradeWire News
- TopFan Enhances Podcasting Experience with the Ultimate Fan Club Platform
- Alana Winns Steps Down as Editor-in-Chief and Chief Content Officer of Career Communications Group
- TopFan Revolutionizes Fan Engagement with the Ultimate Fan Club Platform for Musicians
- The Giving Edge: Is Leveraging Outrageous Kindness the Missing Link for Corporate ROI?
- TopFan Empowers Music Artists with an All-in-One Fan Club Platform
- TopFan Empowers Influencers with the Ultimate Fan Club Platform
- TradeTek 1.4 Construction Estimating Software
- Holman UMC Offerings for Registered and Aspiring Voters
- Russ Napolitano Combines Creativity, Humor, and Philanthropy in "Book of Those Words"
- Exciting News: New Gas Station and Jack in the Box Coming Soon to Colony Ridge!
- Boost Crypto Rankings Fast: Exclusive Access to Google News Sites in 36 Hours
- Boulder SEO Marketing Acknowledges Jeff Buenz for Long-Term Client Success and Dedication
- TopFan Offers the Ultimate Fan Club Platform for Creators Seeking Full Control and Monetization
- Speech and Voice Enterprises Empowers Leaders with Updated Webpage on Corporate Public Speaking Training
- Bloktopia Launches New Virtual Real Estate Service: Prime Investment Opportunities in the Metaverse
- TopFan Helps Associations Strengthen Membership Engagement with a Customizable Fan Club Platform
- Mend Colorado Promotes One-on-One, Science-Based Personal Training in Boulder with New Webpage
- NCAA Eliminates National Letter of Intent Program: Implications for Canadian Athletes
- Lawsuit Dropped; Abortion Safe, But Only For Now
- Multinational energy group TEDOM acquires Italian cogeneration leader Intergen