Apart from granting affordable, speedy releases from jail, a bail bond company also assists inmates through the justice system. Your company gives people a chance to build a great defense system for trial, since they aren’t confined behind bars. Even though you offer affordable payment options so money isn’t an issue for their release, you still tend to get clients that are late on their payments or forget to pay in general. With hundreds of cases every week, you don’t have time to collect unpaid bills. Well, you don’t need to worry. Southwest Recovery Services can collect the debt for you.
Challenges of Bail Bond Debt Collection
As a bail bond company, you are constantly dealing with all types of people, charges, and bail amounts. Some clients are more difficult than others.Your main priority is offering an affordable option to get people out of jail. However, it’s not always as affordable as people would like it to be. A good bail bond company also guides clients throug the entire bail and justice system because of how complex it can be. Therefore, you don’t have time to sacrifice. Debt collection is a tedious process that requires proper training. There are rules and regulations that need to be followed to protect people’s rights. If you want your team to take over debt collection, you must invest in professional training, which will cost you time and money.
Another option is hiring staff that will solely focus on recovering debt, but then you would have to invest in infrastructure and equipment to house these new workers and the tools they need to collect. The most convenient option is to outsource to a debt collection agency, like Southwest Recovery Services.
Benefits of Outsourcing Debt Collection Efforts
Southwest Recovery Services is made up of a team of agents that have been trained to deal with all kinds of clients. There’s no need to worry about our interactions with your clients. Our priority is upholding your reputation and relationship with the inmates. We strive to come to an agreement with them, so that they can pay off their debt to you. However, if it proves difficult, we use every available strategy to collect, such as:
- Oral and Written Communication
- Customer Service Quality Standards
- Effective Negotiation
- Skip Tracing Techniques
- Credit Reporting
- Legal Action
We work on a contingency basis. This means that we don’t get paid until you do. Therefore, our agents work tirelessly to recover what is rightfully yours.
Team Up with Southwest Recovery Services
Keep helping people get their lives back on track, while we collect the money for you. Southwest Recovery Services is based in Texas, but we operate nationwide. No matter where you are located, we can help. We also offer accounts receivable management, which means we can enhance your cash flow and the financial predictability of your clients. If you would like to learn more about our services, give us a call. Now, let’s retrieve the money that you earned.