We also offer collection outsourcing to clients that have a volume of accounts and would like to reduce the size of their in-house staff by using our firm for accounts receivable management. In a 30-day period, we make 3 contacts with your debtor. We are extremely professional and courteous with your clients and understand that you want to retain them as customers. The benefits of the outsourcing debt collection service is that it truly does work and it can save you thousands of dollars in salary expenses including vacation, benefits, and taxes.
Our collection agency starts debt collection efforts immediately. If you have e-mail, the demand letters are e-mailed to the debtor as well as via US postal service. We fully investigate the debtor and immediately try and locate a home address, social security number and other information on the owner.
Our collection agency starts debt collection efforts immediately. If you have e-mail, the demand letters are e-mailed to the debtor as well as via US postal service. We fully investigate the debtor to determine if it is a corporation, partnership or sole-proprietor. This helps us determine who to contact, when and where. If we find that the debtor is not a corporation, we immediately try and locate a home address, social security number and other information on the owner.
If the account is collected in our office, we simply take our portion of the fee and remit the balance to you*. If the debtor pays the account direct to your office, we simply bill you for our fee.
*Remitted funds are subject to return and reimbursement to BSFS if the funds, at any time in the future, are deemed to be invalid, or not allowed by law, including insufficient funds checks or stop payment checks or bankruptcy filings.
Operations
We can offer billing services for most clients with our staff’s background in the billing of legal, oilfield, and medical services. Along with or by its self we can office pre-collection services. We would mail the past due and final letters needed.
WE will work with the back office to help get the accounts from your office to ours. The easiest way for your company without disturbing the day to day operations of your company. We have a vast array of posting accounts. We make if effortless for your company.
We will continually phone call and send demand letters by mail, e-mail or fax if possible. Sending letters alone simply does not work. We all know where those letters end up! We are extremely firm and diplomatic with the debtor and understand that abusive tactics simply do not work for debt collection, especially with businesses. Diplomacy is the most effective means to a profitable result.
You may check the status of your claims anytime you wish via our website. Simply enter your name and password and our system will bring up an alphabetical listing of all your accounts. You may then click on each account and actually view our database debt collection notes. Our online collection agency service allows you to check the status of your claims when it is convenient for you. Our nationwide and international collection agency services are integrated with the newest cutting edge technology.
We are linked to several databases that we can find almost anyone in a matter of seconds and even obtain their date of birth, social security number and other vital information that helps us to locate the debtor. We perform skip-tracing on a daily basis on collection files that are placed with our firm and the costs are not passed onto you. It is simply the cost of doing business for our firm. In order to collect effectively, skip-tracing and investigations are always necessary. We can investigate businesses as well to determine if they have lawsuits, liens, judgments and/or UCC filings.