Realistic Collection Goals
It is most beneficial to have a claim collected quickly and efficiently, for both the client and the collection agency. In any case, early placements have higher success rates but there are many variables that may inhibit the process. This would include loss of employment, divorce, bankruptcy, illness, disability, and/or financial and other hardships, etc. We cannot pinpoint exactly when a claim will be collected.
Action Collection Services Inc.'s mission is to employ patience and diligence while working to collect your claim and maximize your recovery. It is imperative to understand that not all debts are collected immediately. Some debtors may not pay until they are threatened with negative credit reporting or litigation. Others may not be concerned at all about their credit report until they need to make a major purchase. Once the debt appears on their credit report, they have no choice but to fulfill their obligation and pay for the services which were rendered in good faith.