Comprehensive
Collection Procedures- We
have developed and customized our own rigorous PRG work standards,
which are tailored to fit the requirements and nuances of each
of our portfolios. These
work standards are followed by our collection staff and audited
by our Quality Assurance Department in order to ensure that
all accounts are worked consistently and thoroughly.
Complete Skiptracing- The Phoenix
Recovery Group currently subscribes to various websites over
the Internet, to provide location information, telephone numbers,
addresses, relative’s
names and neighbors. Other sites we subscribe to are utilized
in order to determine an individual's assets to include the
value of a home, auto or any real property. Since we report
to the major credit bureaus we utilize the information contained
in credit reports to contact skips or debtors who have moved. We
also utilize online tools such as Secretary of State, Hoovers,
County Appraisal District and County Clerk’s Office for
skiptracing of commercial entities.
Financial Profile- We will conduct a financial profile of
your debtor to include any ownership of assets, liabilities
owed and any real property that may be owned. We do this to
determine the individual’s viability and also to ascertain
their pay history. When we have compiled the information and
the likelihood of re-payment is high, yet there is still no
voluntary resolution, we often recommend legal remedies.
Experienced/Certified Collectors- Our staff is comprised
of mature, career-oriented professionals who possess vast amounts
of experience and expertise. Moreover, much of our staff
is certified by the American Collectors Association and the
International Association of Commercial Collectors.
Professionalism- We pride ourselves in our professional approach
to collections. It is our intent to reach an amicable
resolution with each customer whenever possible.
Superior Results- Our technology, comprehensive training
programs and detailed work standards, combined with our esteemed
staff, fuse to facilitate optimum results for our valued clients.
Competitive Contingency
Rates- Our fees are competitive within
the respective industries we service and are predicated purely
based on our performance, with no up front costs. No
Collections No Fee!
Consistent, Timely Reporting- We provide all clients with
monthly Status and Remittance Reports. Additional reports
can be customized upon client request and can also be obtained
conveniently through web access.
No Minimum Placement Requirements- There are no minimum balance
or placement volume requirements in order to take advantage
of our services.
Reporting to Major Credit
Bureaus- We report to all three of the major credit
bureaus, as well as the newest bureau, Innovis. In the case
of business entities we report to Experian Business. |