faq's

Question:  How big does my bill have to be to assign it?

Answer: "We will take any bill from $1.00 to $10,000,000 and above."

Question: How long does it take to collect?

Answer: "It can take 1 day, which happens most of the time, typically with one telephone call, or it can take several months if a collection lawsuit is needed."

Question: Are there any up-front fees?

Answer: " Only if a lawsuit is needed to collect your debt, we have two ways to proceed: a) if we advance the costs, we are a party to your debt lawsuit until our legal costs are recovered. b) If you advance the cost, typically between $275.00 and $2000.00 (depending on the amount and resistance from the debtor), we will get a judgment with our attorneys, which is good for 10 years. We are reimbursed by the debtor for any attorneys’ fees, court costs, etc..

Question: Do you adhere to the Fair Debt Collection Practices Act?

Answer: Yes,  we do We record all of our debtor interactions and ensure that every debt collector working for our firm is trained and complies to the letter with the act and also the California-Robbins-Rosenthal Act. However, Business debt is not covered by the FDCPA; therefore, it is easier to collect, and neither is an investment property debt.. 

Question: Are you just a letter-writing firm?

Answer: Many competitors simply write letters and do nothing else, while some list debts with Credit Bureaus. We do that as well; however, we take immediate action and file either a civil lawsuit. Our goal is to get a court judgment that we can use the Civil Judgment enforcement process to force payment.

Question: How do you save businesses money?

Answer:  By offering competitive rates and individual account service.

Question: Is your fee negotiable?

Answer: Depending on the amount of the debt and the volume, we will lower our fee if it helps you reach your profit margin.

Question: What is the statute of limitations for collecting debt?

Answer: The answers can be found here, depending on your state. (We are not giving legal advice, and you need to carefully research your debt situation by speaking with our attorney or an attorney of your choosing.