Do you find that you spend most of your day tracking down uncollected payments? Are your emails, letters and calls often ignored, leaving you frustrated and stressed about paying your own bills? Partnering with a collection agency can help remove some frustration and ensure you get your payments on time.
At Southwest Recovery Services, we pride ourselves on providing exceptional debt recovery services for clients across Addison, Texas. We don’t get paid unless you do, so there is no risk. We are a nationally recognized debt collection agency and look forward to working with your company to get payments on time.
Why Use Our Debt Recovery Services in Addison?
Effective debt collection is essential for any business. The state of Texas has a four-year statute of limitation for debt collection, meaning your business cannot sue an individual or another business after four years of trying to collect debt. If your business is unable to collect within this four-year period, you may need to look for other solutions to pay your outstanding bills.
Instead of investing time and company resources into debt collection, turn to a professional money recovery agency to streamline your collection efforts and recover past-due payments.
Our Consumer and Commercial Collection Services
We offer flexible services to meet the needs of organizations of any size. Our knowledgeable advisors can mitigate financial shortfalls through a range of services such as:
Debt Recovery Services
Let us streamline the collection process with our comprehensive debt recovery services. We understand debt recovery is more than ensuring you get past payments — it is a way to safeguard your reputation and reduce risks. Our approach is sensitive and professional while meeting all state and federal laws. With no upfront costs or complicated paperwork, we make it easy to start using our services as soon as possible.
In addition to our professional approach, our team has the authorization to report eligible accounts to credit reporting agencies. Our jurisdiction makes it simple to take legal action, but we will always strive for an amicable collection before elevating a situation to legal action.
Revenue Cycle Management
Outsourcing your revenue cycle management (RCM) services is a great way to improve and correct any inefficiencies in your current process. Our RCM services will maximize profits while minimizing errors so you can start collecting debt payments faster.
Accounts Receivable Management
Consistency is key for any business, especially when it comes to finances. Our accounts receivable management services will manage your invoicing services for consistent payments.
Consulting Services
If you have questions about your current process or need assistance optimizing aspects like invoicing, our team is happy to provide professional and experienced consulting services. We can implement systems to get payments on time or assist in staff training to ensure your entire team is aware of and follows best practices.
Our Four-Step Collection Process
Let us simplify the debt-collection process with our proven four-step procedure:
- Verify contact information: We start the process by verifying the contact information for the consumer or business. We have access to a wide collection of databases and resources and several standard practices that allow us to gather and verify information.
- Make contact: Our first contact with the individual or business will be to send a short email, fax, and letter demanding repayment. Our debt collector agents will also follow up with numerous phone calls and emails if the first letter is still awaiting a response. Our company is discreet and persistent, and we will customize our approach to meet your specific needs.
- Determine the cause of debt: Determining the main cause of debt can help us determine why an individual or business may not be paying.
- Create a debt collection strategy: Once we determine why a business or individual cannot pay, we can create a custom strategy for debt collection.
Benefits of Choosing Southwest Recovery Services
Southwest Recovery Services is proud to be your answer if you’re looking for a team of talented professionals to recover outstanding payments. With over 25 years of debt recovery experience, we are a knowledgeable option for all your debt collection needs.
We understand every business has unique needs, which is why we customize all of our debt collection solutions for maximum efficiency. Our team will continually monitor your account to ensure our services always offer the most benefit.
Let Us Help You Recover Unpaid Debts
Whether you need a utility, retail or medical debt collection agency, Southwest Recovery Services can restore your revenue streams promptly.
Contact our team today to learn more about how our Addison collection agency can enhance your business.
