Who can recommend a good collections company?

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  • [Brian]
    Confirmed User
    • Mar 2001
    • 1523

    #1

    Who can recommend a good collections company?



    We can pursue customers ourselves, but the time involved is a bit too much. Having said that though, we'd be reluctant to give up something like 50% to a collections co. -- anyone have good experience with a firm?

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  • detoxed
    vip member
    • Jan 2003
    • 17798

    #2
    What kind of collections? What kind of proof of debt do you have?

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    • detoxed
      vip member
      • Jan 2003
      • 17798

      #3
      And what $ amounts

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      • BradM
        Confirmed User
        • Dec 2003
        • 3397

        #4
        FINE FINE I'LL PAY!

        If you were in Canada I would recommend the guys Robin's uses. Those fuckers are relentless. Almost getting me to pay some of my parking tickets.

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        • [Brian]
          Confirmed User
          • Mar 2001
          • 1523

          #5
          Originally posted by detoxed
          What kind of collections? What kind of proof of debt do you have?

          Collections for people that default on deferred payment plans. I have their billing information obviously, and proof of receipt of the item w/ UPS signature confirmation, etc.

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          • ZanyCash Larry
            Confirmed User
            • Jun 2004
            • 1057

            #6
            I normally refer them to my Uncle, if you know what I mean

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            • The Other Sweetie
              Confirmed User
              • Apr 2003
              • 453

              #7
              I turn all my deadbeats over to Dunn & Bradstreet. I think their cut is 25%. They're pretty effective.

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              • [Brian]
                Confirmed User
                • Mar 2001
                • 1523

                #8
                Originally posted by detoxed
                And what $ amounts
                ranging from $80 to $320

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                • WiredGuy
                  Pounding Googlebot
                  • Aug 2002
                  • 34516

                  #9
                  For domestic claims, I've seen rates of about 20%. Cross-border debts I've seen Canada/US upwards of 35-40%.

                  WG
                  I play with Google.

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                  • [Brian]
                    Confirmed User
                    • Mar 2001
                    • 1523

                    #10
                    Originally posted by WiredGuy
                    For domestic claims, I've seen rates of about 20%. Cross-border debts I've seen Canada/US upwards of 35-40%.

                    WG

                    Good info thanks

                    http://smallbusiness.dnb.com/collect...e-products.asp

                    Dun & Bradstreet seems to charge a 'list price' of $15/$25, but I don't yet know what the means exactly That can't be the charge for every letter sent out I hope ...

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                    • The Other Sweetie
                      Confirmed User
                      • Apr 2003
                      • 453

                      #11
                      Originally posted by [Brian]
                      Good info thanks

                      http://smallbusiness.dnb.com/collect...e-products.asp

                      Dun & Bradstreet seems to charge a 'list price' of $15/$25, but I don't yet know what the means exactly That can't be the charge for every letter sent out I hope ...
                      To be honest, I've never heard of a list price. I've been dealing with them for several years & have even attended several of their seminars. I've got upwards of $100k in debtor accounts with them right now and am unaware of being charged a list price fee.

                      There's a woman there at D&B RMS, Mary, who is very helpful to whom you could speak. Scott is also another good one. Unfortunately I'm home now so I don't have the # handy.

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                      • [Brian]
                        Confirmed User
                        • Mar 2001
                        • 1523

                        #12
                        Originally posted by The Other Sweetie
                        To be honest, I've never heard of a list price. I've been dealing with them for several years & have even attended several of their seminars. I've got upwards of $100k in debtor accounts with them right now and am unaware of being charged a list price fee.

                        There's a woman there at D&B RMS, Mary, who is very helpful to whom you could speak. Scott is also another good one. Unfortunately I'm home now so I don't have the # handy.

                        Thanks!

                        I'll investigate further

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                        ICQ: 391113064

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