Debt Collection Process

Here are the steps we follow for our Debt collection Process. We use proven approach to recover your lost money.

Pre-Collections:

We work with you as Debt Collection Agency to optimize your in-house billing & bad debt collection procedures and send a reminder to your customer before the account becomes a serious problem.

 

Written Demand:

Early Profit Recovery - Early use of 3rd party at a controlled cost, without alienating customers (patients).

 

Verbal Demand:

Intensive Contingency Bad Debt Collection.

 

Legal Action:

File in municipal court with intent to place a lien on debtor's assets, wages or bank account.

 We also offer customized collection services to allow you to tailor a program to your specific needs

 

Debt Collection Procedures:

Contingency based program consisting of scheduled correspondence and phone contact under NAM LLC. All correspondence is on NAM LLC letterhead and phone contacts are made by NAM LCC Phone Debt Collectors staff representing your firm in an accounts receivable capacity.

Here at NAM LCC, each account is as individual as the business it represents. We are not the typical one size fits all collection agency. When one method doesn't work, we find another one that works. Using imagination and innovation, we keep trying until we succeed for you.

 

Debit Balance Recovery:
Most companies do not have a process in place to ensure collection of debit balances from former vendors. We have partners who are expert in identifying debit balances, and NAM LCC has a special program for pursuing and collecting on these amounts. For most companies, implementing a Debit Balance Recovery program through NAM LCC becomes a new method for recovering costs and changing this area into a profit center.

 

Background Profiles:
We use a combination of technology and traditional investigative techniques to conduct background checks, gathering information that allows us to determine the best method of collection.

 

Tracking Debtors:
A company may try to hide from a creditor by changing phone numbers or addresses, or by switching the name of a business. NAM LCC we don’t stop looking until we discover the debtor's whereabouts so we can begin our recovery work.

Please contact us @ 1-949-202-5115 to know more about our Collection Services.