Callahan & Palmer LLC
Declining recovery by age of account
Industry Success Rate Statistics
The Commercial Law League of America compiles information annually on the actual collectability of accounts based on age. The industry success rate falls to 50% at only 7 months past due. The likelihood of a write-off increases more than 1% each week from the first day an account is past due.
Your account is assigned to an individual collector who will use their expertise to resolve the outstanding balance.
3rd party representation gets you paid NOW!
Accounts that don’t resolve can be automatically credit reported.
Forward to an attorney for additional legal work.