Commercial Debt Collection Agency Blog
11 5 15, 2015
From a client:
Date: Thu, Nov 05, 2015 11:58 am
From a client:
I appreciate all you have done for me on this account. I will definitely utilize you again if the unfortunate need arises.
Thank you for collecting our 40k Account.
Oct 26, 2015
When you place an account for collection, if the debtor contacts you please refer debtor back to AMS.
This is a stall tactic debtors are using to try to get the pressure off of them.
Oct 14, 2015
AMS only collects for commercial accounts and collects on nationwide basis.
Aug 3, 2015
It is amazing but we still see companies holding accounts up to ( 2 ) years
before placing a claim for collection. The facts are no matter what a debtor
says if you do not at least get a payment by 120 days you need to take
action asap. Your chance of getting paid after 2 years is much less than 20%
/ and at 3 years of age the chance of recovery is almost 0.
June 24, 2015
AMS is now offering a 10% Rate on accounts over 20k and under 1 year of age
and still in business.
May 25, 2014
AMS Fees are 20-25% Only of money collected and no fee if no collection.
April 3, 2012
Collection Tip "Credit References" When a new account gives you credit
References. to set up a new account, Ask the customer to give you 3
references in the letter A, C,& S, or any 3 letters you choose this way they
can't just give you there 3 best references and this will help you cut down
bad debt by knowing the true payment history of your customers.
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