When a consumer states that they no longer want to engage in communications, many creditors opt to cease all collection efforts, for fear they will violate the rules of the Fair Debt Collection Practices Act (FDCPA). These uncollected accounts – which can amount to millions of dollars each month - are typically warehoused, potentially charged-off, and remain uncollected. Creditors often fail to realize there are other viable compliant avenues to pursue the debt, including litigation.
We have a proven history of liquidating balances compliantly and seamlessly across numerous C&D portfolio types, including credit card, purchased debt, auto deficiency, and student loans, among others.
Collection efforts are handled on a contingency basis, so we only get paid when you do. Our clients are often able to launch their C&D recovery programs with little or no upfront investment. They can use these initial recoveries to fund the court costs necessary for filing lawsuits.
Even if the consumer has shut down front-end collection options, pursuit of a lawsuit may be possible. Our attorneys are licensed in Illinois, Indiana, Kentucky, Michigan, New Jersey, Ohio, and Pennsylvania. For matters outside of our footprint, we use our established network of attorneys who meet our strict standards of compliance and professionalism.
We are committed to conducting all business in accordance with the highest legal, ethical, and moral standards. We have developed hundreds of standard operating procedures, a document review program, a complaint analysis and response system, sophisticated tracking and reporting tools, and dozens of proprietary training programs.