Do you spend valuable time and resources trying to track down people and businesses that owe you money? You may send emails, letters, faxes and texts and make numerous calls, but consumers and vendors often ignore your attempts and requests. A collection agency can remove the friction and secure the amount owed before the statute of limitations goes into effect.
Southwest Recovery Services is a San Antonio debt collection agency with over two decades of experience. We resolve business debt by getting the people who owe to pay outstanding amounts. We only get paid when you do, so you can trust that we are as invested in resolution as you are.
Why Utilize Debt Recovery Services in San Antonio?
Commercial debt collection in San Antonio is critical. Texas has a four-year statute of limitations on debt collection as outlined by the Texas Debt Collection Act. This law means your business cannot sue individuals or entities after four years of attempting to collect debt. High individual debt rates in the state mean many companies need help to get consumers or vendors to pay their outstanding bills.
Trying to recover the money owed to you is resource-intensive and labor-intensive. By allowing a professional debt collector agency to assist, you can streamline your collection efforts and effectively recover what’s due to you.
Our Bill Collection Services
As a full-service debt collection agency, we work diligently to help you collect money owed to you. We do this ethically and professionally to safeguard your reputation and mitigate business risk. Our services include:
- Debt recovery services: With our debt recovery services, you pay no upfront fees, and there’s no need to sign contracts before we get to work. SWRS can report eligible accounts to consumer credit reporting agencies, and we can take legal action and manage the court process should you require it.
- Revenue cycle management: Through revenue cycle management, we help you minimize errors, time spent and costs, leading to fewer denials and quick collection results.
- Accounts receivable management: Our accounts receivable management services help you streamline your company’s cash flow burden.
- Consulting services: SWRS advisors develop precise credit policies to optimize your collection processes and strategies. Our consulting services include guidance on best practices for invoicing, customer communications, policy creation and administration.
How We Operate
Here’s the four-stage process of our debt collection services:
- Verify contact information: We start by verifying the consumer’s or business’s contact details. We have access to resources and databases as a professional collection agency, and we leverage tried-and-tested methods to verify information and gather other useful data.
- Send demand letter and make contact: Next, we send a short demand letter via email, mail and fax. Our experienced debt collector agents also follow up with phone calls and emails. We are discreet and persistent, utilizing various tactics to make contact and customizing our approach to get the best results.
- Determine the reason for debt: Discovering the “why” behind the debt is often vital in collecting outstanding amounts. Determining why they are not paying is more effective than just demanding funds.
- Create a debt collection strategy: Once we understand the consumer or business with the debt, we develop a strategy to get your money to you as quickly as possible.
Benefits of Partnering With SWRS
Southwest Recovery Services is nationally recognized, serving businesses of various sizes since 2004. We are known for:
- Ethical and professional service: We operate professionally and adhere to all federal and state laws and regulations, including the Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA), Health Insurance Portability and Accountability Act (HIPAA) and Consumer Financial Protection Bureau (CFPB).
- 24/7 online support: Our portal lets you know where your claims stand. Access your portfolio any time, any place, from any device.
- Customized workflows: Our experienced team takes a hands-on approach to your claims. Each account in our system is reviewed by a seasoned team member and placed into a tailored work process based on attributes.
Contact Us for Debt Collection Services Today
Regardless of the size of your commercial or consumer debt collection needs, SWRS has a solution for you. We have over two decades of experience streamlining client collection services and are recognized throughout the industry for our reputable work.
Contact us today to get started with our trusted, efficient collection services.