Outsourced Bankruptcy Department

By Jun 26, 2016

TOO OFTEN A COMPANY PASSES BANKRUPTCY ACCOUNTS TO THE COLLECTIONS DEPARTMENT BECAUSE IT IS CHEAPER THAN LEGAL. HOWEVER, THIS PRESENTS TWO PROBLEMS. THE COLLECTION OF DEBT IS PREVENTED BY COURT ORDER AND YOUR COLLECTION DEPARTMENT CAN'T DO ANYTHING TO COLLECT THE MONEY. THEREFORE THEY WRITE IT OFF AS A LOSS. THIS MONEY COULD HAVE BEEN COLLECTED BY A PROFESSIONAL EXPERIENCED WITH BANKRUPTCY CASES AND PROCEDURES.

Low Cost Legal

By Jun 25, 2016

BANKRUPTCIES ARE NOT COLLECTION MATTERS. THEY ARE COMPLEX LEGAL ACTIONS FILED AGAINST YOUR COMPANY. BKPAY HANDLES CUSTOMERS' BANKRUPTCIES AS A LEGAL MATTER WITH A UNIQUE COLLECTIONS APPROACH. THIS PREVENTS THE BANKRUPTCIES FROM BEING WRITTEN OFF AS A LOSS. THIS MONEY CAN BE COLLECTED BY A PROFESSIONAL EXPERIENCED WITH BANKRUPTCY CASES AND PROCEDURES.

BK Losses

By Jun 25, 2016

IGNORING BANKRUPTCIES WILL COST YOUR COMPANY MONEY. TOO OFTEN CREDITORS ASSUME THEIR CUSTOMER BANKRUPTCIES REPRESENT UNPREVENTABLE LOSSES AND IGNORE THEM. EVEN WHEN YOUR CREDIT/COLLECTION STAFF OR AGENCY SAYS THERE IS NOTHING THAT CAN BE DONE, BKPAY EXPLOITS SUBSTANTIAL OPPORTUNITIES OF LEGAL PROCESS TO RETURN 30% AND MORE OF BANKRUPT ACCOUNTS, NOT AS TOTAL LOSSES, BUT AS PERFORMING AND PROFITABLE ASSETS. THERE'S NO PROFIT IN IGNORING YOUR BK.

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